SMC to add more RFID installation sites

San Miguel Corp. (SMC) is adding more installation sites for the radio-frequency identification (RFID) stickers used at its toll roads, as it anticipates a...

SEC approves AC Energy’s name change

The Securities and Exchange Commission (SEC) has given the go-signal for AC Energy, Inc. to change its name to AC Energy and Infrastructure Corporation...

LRT-1 operator partners with Bayad Center

Light Rail Manila Corp. (LRMC) is teaming up with Bayad Center to accommodate bills payment transactions in one of the stations of Light Rail...

Uniqlo donates $1M for PHL typhoon relief efforts

Japanese global apparel retailer Uniqlo on Friday said it is donating $1 million (around P48 million) for efforts to help families affected by Typhoon...

Ayala energy arm embarks on $2-B transformation

AYALA-LED AC Energy Philippines, Inc. will need up to $2 billion to exceed its 2025 target 5-gigawatt of installed energy capacity, which will also see the completion of its corporate transformation and restructuring, its top official said on Thursday.

Housing developer Ovialand sells equity to businessman JJ Atencio

JANUARIUS Holdings, Inc., the holding company of businessman Januario Jesus Gregorio B. Atencio III, has taken a 13% stake in housing developer Ovialand, Inc. which seeks to expand its business nationwide over the next 10 years.

Alibaba Cloud targets 5,000 local firms on digital transformation

CHINESE cloud computing company Alibaba Cloud, a subsidiary of Alibaba Group, said Thursday that it is targeting to support 5,000 Philippine enterprises on their digital transformation journey.

Swedish retailer Ikea opens 500 Philippine jobs

SWEDISH furnishing retailer Ikea plans to hire nearly 500 employees for its first Philippine store in Pasay City, which it said will be the largest Ikea branch in the world.

ABS-CBN starts subscription-based streaming service for global viewers

ABS-CBN CORP. launched on Thursday a subscription-based streaming service for its global viewers.

San Miguel continues to ramp up corn purchases to boost income of farmers

SAN MIGUEL Corp. (SMC), via its food division San Miguel Foods, has purchased 87,946 metric tons (MT) of corn from local farmers’ cooperatives in October to early November as part of its efforts to augment the income of farmers affected by the coronavirus disease 2019 (COVID-19) pandemic.

Cargill Philippines launches protection program vs ASF

CARGILL PHILIPPINES, Inc. recently launched a program that aims to protect pig farms from the effects of the African Swine Fever (ASF).

How PSEi member stocks performed — November 19, 2020

Here’s a quick glance at how PSEi stocks fared on Thursday, November 19, 2020.