SEC issues cease-and-desist order against Olympro
THE Securities and Exchange Commission (SEC) has issued a cease-and-desist order against Olympro Stocktrading Web Content Publishing and its owner, Christian Mark Lacson Peredo, for their unregistered investment solicitations.
Suggested prices for Noche Buena products stifling for food retailers
THE suggested retail price (SRP) of food products usually consumed on Christmas Eve, commonly known as Noche Buena, is stifling for food retailers, according to an industry group.
SEC calls on firms to participate in ‘Present Me Anything’ sessions
THE Securities and Exchange Commission (SEC) is calling on the public to participate in its “Present Me Anything” (PMA) sessions, which it described as a venue for companies to pitch their “ideas relative to their innovation or business models.”
Ayala unit aims for dominance in local real estate logistics
AYALALAND Logistics Holdings Corp. (ALLHC) is aiming to be a “dominant player” in the real estate logistics sector, taking note that the sector has become a “favorite” among institutional investors globally.
Local firms advised to use AI for cybersecurity
ARTIFICIAL intelligence (AI) can help Philippine organizations be more proactive in responding to cybersecurity threats, global technology company ManageEngine said.
Major PHL telcos: Spectrum fees ‘excessive’
THE country’s major telecommunications services providers PLDT, Inc., its wireless arm Smart Communications, Inc., and Globe Telecom, Inc. said the spectrum fees are becoming excessive.
Flag carrier PAL expands Vis-Min services via Iloilo
PHILIPPINE Airlines, Inc. (PAL) announced on Monday that it would expand its services in the Visayas and Mindanao in anticipation of increased demand during the upcoming holiday season.
A Brown raises P1.33B from preferred shares offering
A BROWN Co., Inc. has raised P1.33 billion from its preferred shares offering, which is the company’s first time to tap the capital markets since it made its debut at the stock exchange in 1994.
Ayala sells stake in services firm HCX Technology Partners
AYALA Corp. said it inked a share purchase agreement with Asti Business Services, Inc. (ABSI) for the sale of the listed conglomerate’s 14.25 million shares or 100% of the outstanding capital stock of HCX Technology Partners, Inc. (HCX).
Vivant unit sells stake in Palawan power plant
VIVANT Corp. said on Monday that its energy unit had informed the listed company of the sale of its stake in a hybrid power generation plant in Puerto Princesa City for about P33.23 million.
Shakey’s launches 50th Peri-Peri store
SHAKEY’S Pizza Asia Ventures, Inc. said it launched the 50th Peri-Peri Charcoal Chicken & Sauce Bar branch in Matalino, Quezon City (QC) this month.
How PSEi member stocks performed — November 29, 2021
Here’s a quick glance at how PSEi stocks fared on Monday, November 29, 2021.