Vivant to invest P25B for water, power projects

VIVANT Corp. has earmarked P25 billion for infrastructure and power development projects starting this year until 2027 as the Cebu-based holding firm aims to diversify its businesses and expand its reach.

NLEX Corp. to spend P1.2B on technology systems this year

NLEX Corp. announced on Thursday that it has allocated P1.2 billion for this year’s capital expenditures to improve customer experience.

First Gen unit seeks more time to build LNG terminal

FIRST GEN Corp. said on Thursday that its unit had requested the Energy department to extend the validity of its permit to build its interim offshore terminal for imported liquefied natural gas (LNG).

Converge expands call center operations in Pampanga as demand heightens

LISTED fiber internet provider Converge ICT Solutions, Inc. said it has expanded its call center operations through its partner Universal Access and Systems Solutions, Inc. (UAS Solutions) in Pampanga to meet heightened demand.

PSE bullish on reaching P200-B capital raising

THE top official of the Philippine Stock Exchange (PSE) said he is bullish on hitting the target of around P200 billion in capital raised by the end of the year.

SEC flags anew YDYS Trading operating under new name

THE Securities and Exchange Commission (SEC) has flagged YDYS Trading OPC, which has been continuing its solicitation activities under a new name, Omnimeta Global Solutions.

Aboitiz Construction finishes 69-kV transmission line project in Batangas

ABOITIZ Construction, Inc. said on Thursday that it recently completed the construction of another 69-kilovolt (kV) overhead transmission line project for Lima EnerZone (LEZ) in Lipa City, Batangas.

Alliance Select reports net loss

ALLIANCE Select Foods International, Inc. on Thursday reported a net loss of $394,000 in the first quarter.

Tax court declines to review telco firm’s VAT refund claim

THE Court of Tax Appeals (CTA) affirmed its division ruling denying the appeal of Lantro Philippines, Inc. to review and refund its excess value-added tax (VAT) worth P11.9 million for the four quarters of 2014.

How PSEi member stocks performed — June 16, 2022

Here’s a quick glance at how PSEi stocks fared on Thursday, June 16, 2022.

PSE may allow more shares for local small investors

THE Philippine Stock Exchange (PSE) has been authorized to increase the maximum subscription amount for each local small investor to more than P100,000 on a case-to-case basis to correspond with the size of the share offering.

VistaREIT shares remain unchanged on market debut

VISTAREIT, Inc. (VREIT), the commercial real estate investment trust of integrated property developer Vista Land & Lifescapes, Inc., saw its share price finish unchanged on its debut on the Philippine Stock Exchange (PSE) on Wednesday.