Emperador affiliate Andresons Group buys P337 million in shares

THE Andresons Group, Inc., an affiliate of Emperador, Inc., has increased its stake in the listed brandy and whisky producer with a P337-million purchase...

AirAsia group installs new president at PHL unit

AIRASIA AVIATION GROUP Ltd. has named Suresh Bangah as president and general manager of AirAsia Philippines. “Captain Suresh steps into this role at an important...

Jollibee divests stake in C-Joy Poultry Realty

LISTED fast-food operator Jollibee Foods Corp. (JFC) has divested its 30% stake in C-Joy Poultry Realty for P33.8 million as part of its move...

SEC flags two online lenders for alleged violations

THE Securities and Exchange Commission (SEC) has taken action against two online lending firms for alleged violations of regulatory requirements, including noncompliance with disclosure...

PLDT sees enterprise business driving growth

PLDT Inc. expects its enterprise business to continue driving growth amid rising demand for connectivity and technology solutions. “Obviously, it is a very tough market...

MWSS seeks retained water allocation for June

THE Metropolitan Waterworks and Sewerage System (MWSS) is seeking to retain its water allocation of 50 cubic meters per second (cms) from the Angat-Ipo-La...

How PSEi member stocks performed — May 26, 2025

Here’s a quick glance at how PSEi stocks fared on Monday, May 26, 2025.

First Gen eyes more LNG projects

LOPEZ-LED First Gen Corp. is eyeing to build additional liquefied natural gas (LNG) terminals outside Batangas to meet rising power demand, a company official...

MGen plans full capacity in Batangas by end of May

MERALCO POWERGEN CORP. (MGen), the power generation unit of Manila Electric Co. (Meralco), said it is on track to operate its gas-fired power plants...

IWG says economic uncertainty may push demand for flexible workspaces

MULTINATIONAL office space provider International Working Group Plc (IWG) is looking to bolster its presence in the Philippines as geopolitical and economic uncertainties may prompt companies to adopt more flexible and cost-efficient workspace strategies, the company’s new country manager said.

ICTSI shares decline despite developments

SHARES in International Container Terminal Services, Inc. (ICTSI) declined last week despite developments involving its overseas units aimed at boosting capacity. Data from the Philippine...

Filinvest Hospitality keeps 5-year goal to add 2,000 rooms

GOTIANUN-LED FILINVEST Hospitality Corp. (FHC) is expanding its hotel portfolio, with one property expected to open by yearend and another project set to begin...