RE company Alternergy files for P2.18-B IPO
POWER company Alternergy Holdings Corp. recently filed an application for an initial public offering (IPO) with the Securities and Exchange Commission to raise up to P2.18 billion, which will be used in part for its renewable energy (RE) projects.
Senate bill requiring telcos to cover all remote areas within three years refiled
A BILL seeking to require all public telecommunications entities and internet service providers to cover all unserved and underserved areas within three years has been refiled, a senator said on Wednesday.
Cebu Pacific, PAL announce additional domestic flights as demand increases
BUDGET carrier Cebu Pacific and flag carrier Philippine Airlines (PAL) are adding more flights to key domestic destinations, as demand for air travel continues to rise amid looser travel restrictions.
New Clark City draws interest from Singaporean investors at international road show
STATE-RUN Bases Conversion and Development Authority (BCDA) and Filinvest Land, Inc. (FLI) said on Wednesday that their recent investment road show in Singapore was “well-received” by investors, with some expressing interest in the New Clark City, a master-planned community in Central Luzon.
Tax court grants Tricom’s P49.5-M claim for refund
THE Court of Tax Appeals (CTA) has granted the appeal of technology company Tricom Systems (Philippines), Inc. to cancel and set aside its tax liabilities for 2006 totaling P49.49 million.
SeedWorks renews partnership with Tarlac farmers’ coop for hybrid rice
SEEDWORKS Philippines, Inc. announced on Wednesday that it is renewing its partnership with Tarlac’s Caut Farmers Field School (FFS) Marketing Cooperative for the purchase, milling, and marketing of US 88 hybrid rice.
AI-enabled platform allows remote management of construction projects
REAL ESTATE consultancy firm JCV & Associates Project Management & Development, Inc. (JCVA) and Digiscript Philippines, Inc., a reality capture solutions provider, recently inked a partnership to offer a platform that allows construction companies to conduct remote site inspections.
How PSEi member stocks performed — July 13, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 13, 2022.
SEC cancels Wellcons’ registration after warning
THE Securities and Exchange Commission (SEC) has revoked the corporate registration of Wellcons Unlimited Systems, Inc. for offering a scheme that supposedly allows investors to double their money within six months, among others.
Sunland plans real estate expansion in next 3-5 years
SUNLAND Development Corp. (SDC) announced that it was targeting to expand its real estate business to 500,000 square meters (sq.m.) within the next three to five years.
PLDT group blocked more malicious web links in June
THE PLDT group announced on Tuesday that more web addresses linked to text scams were blocked in June, bringing the total number of links blocked in the first half of the year to 650.
DITO expects to hit 70% coverage this month
DITO TELECOMMUNITY Corp. said on Tuesday that it expects to reach 70% population coverage this month, allowing it to increase its subscriber base.