Medilines disappoints on Omicron fears, debut free fall

MEDILINES Distributors, Inc. underwhelmed last week after its debut disappointed, but investors remain hopeful as healthcare market expectations continue to grow.

How PSEi member stocks performed — December 10, 2021

Here’s a quick glance at how PSEi stocks fared on Friday, December 10, 2021.

Figaro pushes back IPO to January

By Keren Concepcion G. Valmonte, Reporter   Figaro Coffee Group, Inc. is pushing back its initial public offering (IPO) to January next year.   In a listing...

Jollibee set to open in Scotland, Kuala Lumpur

Jollibee Foods Corp. (JFC) is planning to open its first Jollibee stores in Scotland and in Kuala Lumpur, Malaysia next year, the company said...

SEC approves fundraising plans of AREIT, Cityland

The Securities and Exchange Commission (SEC) on Friday said it “considered favorably” the bond offering of AREIT, Inc. and the commercial papers of Cityland, Inc.  In...

AirAsia Philippines restores 30% of pre-pandemic capacity

Philippines AirAsia, Inc. said it has restored 30% of its pre-pandemic capacity, as it increased local flights to meet the stronger demand amid the...

Over 6 million COVID-19 jabs administered in SM malls

Over six million coronavirus disease 2019 (COVID-19) vaccine doses have been administered through the SM Supermalls network around the country.  SM Supermalls partnered with local...

SMC’s Bank of Commerce plans P4-billion IPO

San Miguel Corp. (SMC) affiliate Bank of Commerce is eyeing to raise as much as P4.03 billion through an initial public offering (IPO) by...

GMA Network sets ‘little less than’ P2-B capex

By Arjay L. Balinbin, Senior Reporter GMA Network, Inc. announced on Thursday that it had set aside slightly less than P2 billion for next year...

8990 Holdings eyes P165B from home sales

8990 Holdings Inc. is eyeing to raise P165 billion from selling 78,352 housing units in the next seven to 10 years, which will be...

SG-based data center firm Digital Edge entering PHL

DIGITAL Edge (Singapore) Holdings Pte. Ltd. said on Thursday that it is building a data center in Manila with its local partner Threadborne Group. Digital...

Cebu Landmasters launches P1.2-billion corporate tower

Cebu Landmasters, Inc. (CLI) has launched its P1.2-billion commercial tower Latitude Corporate Center in Cebu Business Park, it said on Thursday. In a disclosure to...