Trade dep’t has started seizing inferior steel products — industry group
THE PHILIPPINE Iron and Steel Institute (PISI) said the Trade department has started seizing substandard steel products from hardware stores.
MPIC dips as NLEX issues eclipse petroleum storage acquisition
METRO PACIFIC Investments Corp. (MPIC) was among the most active stocks last week as investors reacted following news of its acquisition of a petroleum products terminal and the suspension of its toll operations’ business permit.
How PSEi member stocks performed — December 11, 2020
Here’s a quick glance at how PSEi stocks fared on Friday, December 11, 2020.
Ayala energy unit says 2.27-B offer shares exempt from SEC registration
AC Energy Philippines, Inc. said on Friday that it had received confirmation from the securities regulator that the Ayala Corp. unit’s proposed stock rights offering is exempt from the registration requirement of the securities code.
Del Monte Pacific turns around to net profit in three months to Oct.; shares...
DEL MONTE Pacific Ltd. (DMPL) said attributable net profit was $21.9 million in the three months to October, turning around from a year-earlier loss...
PLDT sells Smart unit’s Makati HQ for $128 million
PLDT, Inc. has concluded the sale of the 37-storey Smart Tower in Makati City for $128 million to real estate development company DMC Urban...
SEC warns public against investment schemes offered by Cubebit 2.0, Alisurvey
THE Securities and Exchange Commission (SEC) warned the public against investment schemes run by Cubebit 2.0 and Alisurvey Advertisement Marketing Services, which it said...
National Home Mortgage wins approval to securitize loans
The Securities and Exchange Commission (SEC) approved Friday a plan by the National Home Mortgage Finance Corp. (NHMFC) to securitize more than 1,200 residential...
Ex-military men join telco Dito
AT LEAST NINE former military officers have joined Dito Telecommunity Corp., a company official said Thursday, amid concerns over its partnership with a Chinese state-owned telecommunications firm.
Fruitas launches own milk brand under Babot’s Farm
FOOD AND BEVERAGE kiosk operator Fruitas Holdings, Inc. is continuing to expand, with the company introducing its own milk line under the Babot’s Farm brand.
Alsons to issue P3B in commercial papers
ALSONS Consolidated Resources, Inc. will issue P3 billion in short-term commercial papers, it said on Thursday.
MRC Allied signs deal with 5G Security to buy majority of Kerberus
FORMER PROPERTY development firm MRC Allied, Inc. has signed a deal with 5G Security, Inc. (5GS) to acquire 75% of Kerberus Corp. as it enters the holding industry.