SEC secures conviction for One Dream officers
THE SECURITIES and Exchange Commission (SEC) said that the Batangas Regional Trial Court sentenced seven officers of One Dream Global Marketing, Inc. who were involved in alleged investment scams.
ACEN divests its last coal-fired power plant
ACEN Corp. is divesting all shares in the remaining coal-fired power plant in its portfolio in a deal valued at P3.7 billion, which it will, in turn, invest in renewable energy projects, the Ayala-led company said on Tuesday.
SMC power unit lists P40-billion fixed-rate bonds
SMC Global Power Holdings Corp. successfully listed its P40-billion fixed-rate bonds at the Philippine Dealing & Exchange Corp., following a strong demand and confidence from investors in its continuous ability to provide reliable power.
Pilmico launches breeder, nursery farm in Nueva Ecija
Pilmico launches breeder, nursery farm in Nueva Ecija
How PSEi member stocks performed — July 26, 2022
Here’s a quick glance at how PSEi stocks fared on Tuesday, July 26, 2022.
Udenna says Clark debt issue settled on Monday
UDENNA Corp. said the default declaration in connection with certain obligations of its subsidiary Global Gateway Development Corp. (GGDC) with state-run Clark International Airport Corp. (CIAC) was settled on Monday.
Meralco core income up nearly 19% on higher energy sales
MANILA Electric Co. (Meralco) reported an 18.6% increase in core net income to P7.46 billion for the second quarter of the year from P6.29 billion a year ago on strong energy sales and contributions from its power generation business.
Filinvest REIT’s Cebu properties attract blue-chip BPOs
FILINVEST REIT Corp. (FILRT) continues to boost its presence in Cebu and attract multinational and blue-chip business process outsourcing (BPO) firms to its office developments.
Mactan airport passengers surge to over 1.6M; cargo down 34%
PASSENGER volume at the Mactan-Cebu International Airport (MCIA) increased significantly in the first five months of the year, while cargo volume fell amid loosened pandemic restrictions, its regulator said.
Globe group’s Asticom, RUSH tie up for SMEs’ digital transformation
GLOBE Telecom, Inc. announced on Monday that its shared services company Asticom Technology, Inc. and loyalty and e-commerce provider RUSH have partnered to help facilitate the digital transformation of small- and medium-sized enterprises (SMEs) in the country.
8990 Holdings lines up projects for coming years
8990 HOLDINGS, Inc. said that it will be launching two new projects this year, in Quezon City and Pampanga, which it expects to generate P6 billion each apart from its pipeline projects for the coming years.
How PSEi member stocks performed — July 25, 2022
Here’s a quick glance at how PSEi stocks fared on Monday, July 25, 2022.