LBC Express, UnionBank ink P1.62-billion loan deal
LBC Express Holdings, Inc. announced on Monday that its unit LBC Express, Inc. had entered into a P1.62-billion loan deal with UnionBank of the Philippines, Inc.
Megaworld to build its seventh tower in Uptown Bonifacio
ANDREW L. Tan’s Megaworld Corp. is putting up another high-rise building in Uptown Bonifacio that will be the firm’s seventh office development in the area, the company told the local bourse on Tuesday.
ABB partners with SMC power unit to install battery energy systems
GLOBAL company ABB Ltd. said it had partnered with San Miguel Corp.’s (SMC) power arm to install three battery energy storage systems (BESS) in the country this year.
Fruitas incurs P16-M loss in ‘trying times’
FRUITAS HOLDINGS, Inc. recorded a P16-million net loss in the first quarter on the back of lower revenues, reversing its P15-million income a year ago, it said in a regulatory filing on Tuesday.
Premiere Horizon posts 55% profit jump in 2020, incurs loss in Q1
PREMIERE Horizon Alliance Corp. posted a 55% income growth to P110.04 million in 2020 from P71.2 million in the previous year as its revenues grew.
Customer complaints surge during pandemic, Globe says
GLOBE Telecom, Inc. has seen a spike in complaints amid the surge in demand for internet services during the coronavirus pandemic, a company official said.
Apex Mining income hits P279M on better metal prices
APEX MINING Co. Inc. saw a 133.3% increase in its attributable net income to P278.81 million for the first quarter on the back of better revenues and metal prices.
How PSEi member stocks performed — June 1, 2021
Here’s a quick glance at how PSEi stocks fared on Tuesday, June 1, 2021.
Monde Nissin bets Americans will dig Quorn’s alternative chicken
Monde Nissin Corp. will use some of its $1 billion initial public offering proceeds to expand its Quorn Foods Ltd. fake meat business in...
Aboitiz firm to issue third tranche of P30-B bonds
ABOITIZ Equity Ventures, Inc. (AEV) is preparing to issue the third tranche of its P30-billion shelf-registered bonds consisting of a P5-billion primary offer, with an oversubscription option of up to P5 billion.
Former ranking gov’t officials join Converge board
LISTED fiber broadband provider Converge ICT Solutions, Inc. announced on Monday the election of its board directors, some of whom are former high-ranking government officials.
Da Vinci Capital revives operations via liquor distribution businesses
DA VINCI Capital Holdings, Inc. said it will be swinging from a shell company to a fully operating company through liquor distribution businesses, which it described as “easily relatable and relevant.”