MPIC president to retire; Pangilinan to take over
Metro Pacific Investments Corp. (MPIC) announced on Friday that its president and chief executive officer, Jose Ma. K. Lim, will be retiring effective Dec....
Arthaland raises P3B from share offering
REAL ESTATE developer Arthaland Corp. raised P3 billion from its Series D preferred share offering, according to the Philippine Stock Exchange, Inc. (PSE) said...
Ayala group invests in phishing protection
Venture capital firm Kickstart Ventures, Inc. on Friday said the Ayala group had invested in SlashNext, a company that combats phishing attacks.
Kickstart manages the...
7-Eleven ramps up ATM network, digitalization
PHILIPPINE Seven Corp. has reached its goal of installing its “cash-recycler” automated teller machines (ATMs) to a thousand 7-Eleven stores and has consolidated its...
Converge claims nationwide pure fiber connectivity
CONVERGE ICT Solutions, Inc. on Thursday said its fiber internet service now covers the whole nation, with 5.5 million ports deployed.
The company has opened...
First Gen unit signs nearly P3-B loan deals
FIRST Gen Corp. unit Prime Meridian Powergen Corp. (PMPC) has signed three-year loan facilities totaling P2.8 billion with the Bank of the Philippine Islands...
Medilines to sustain growth via consumables business
MEDILINES Distributors, Inc. said it aims to grow its dialysis business by entering the consumables segment.
The company said in an e-mailed statement on Thursday...
EEI gets PSE nod for P6-B follow-on offer
THE Philippine Stock Exchange (PSE) has approved EEI Corp.’s application for its P6-billion follow-on offering.
“The exchange approved the application of EEI Corp. for the...
Suntrust: Casino project not affected by Chau arrest
LISTED Suntrust Home Developers, Inc. on Thursday clarified that the arrest of Suncity Group Holdings, Ltd. Chairman Chau Cheok Wa will not affect the...
How PSEi member stocks performed — December 2, 2021
Here’s a quick glance at how PSEi stocks fared on Thursday, December 2, 2021.
Megaworld to build P5-billion ‘sustainable’ hotel in Palawan
MEGAWORLD Corp. is developing a P5-billion “sustainable” boutique hotel and shophouse district in its 462-hectare eco-tourism township in Palawan, Paragua Coastown.
Travel, supply chain concerns remain high — business group
COMPANIES involved in German-Philippine business relations have a positive outlook for the next 12 months, but concerns about travel restrictions, supply chain and logistics remain high, latest data from the German-Philippine Chamber of Commerce and Industry (GPCCI) showed.