Toyota Philippines expects industry sales to rebound this year
By Jenina P. Ibañez, Reporter
The car industry is expecting a rebound in sales this year, targeting to sell 320,000 units on the back of improved demand, Toyota Philippines...
Lucky Me! maker weighs $1-billion Philippines IPO
Philippine food maker Monde Nissin Corp. is exploring a potential initial public offering in Manila that could raise as much as $1 billion, according...
AC Energy lists new shares
AC Energy Corp. concluded its stock rights offering with the listing of 2.2 billion common shares at the Philippine Stock Exchange (PSE) on Friday,...
DoE taps Australian firm to explore Philippines’ hydrogen potential
By Angelica Y. Yang
The Department of Energy (DoE) and Australian-based research firm Star Scientific Ltd. inked an agreement to study hydrogen as a possible source of power...
Italpinas hikes capital stock
Real estate developer Italpinas Development Corp. (IDC) on Friday said it increased capital stock to P700 million from P378 million to fund potential business...
Nissan seeks gov’t support in plan to bring in EVs
NISSAN PHILIPPINES, Inc. is planning to introduce its electric vehicle (EV), the Nissan Leaf, to the local market this year.
AC Energy raises nearly P5.4 billion in rights offer
AC ENERGY Corp. has raised around P5.37 billion from its stock rights offering that took place from Jan. 18 to 22, which the Ayala-led company said was fully subscribed and fully paid for.
Listed IP E-Game transforms into fintech
LISTED IP E-Game Ventures, Inc. is changing its name to Oasis Financial Group Inc., as part of its plan to engage in the fintech (financial technology) business.
SMC starts work on road linking Skyway 3, NLEX Connector
SAN MIGUEL Corp. (SMC) has started work on its 1.2-kilometer road project that will link the newly opened Skyway Stage 3 to the NLEX (North Luzon Expressway) Connector being built by Metro Pacific Tollways Corp. (MPTC), its top official said.
Cold storage demand, e-commerce to drive logistics — JLL
THE demand for cold storage facilities from the roll-out of the coronavirus disease 2019 (COVID-19) vaccines and the rise of e-commerce during the pandemic is seen to drive up the logistics sector for the next 10 years, a real estate services firm said on Thursday.
Cirtek gets PSE approval for listing of preferred shares
CIRTEK HOLDINGS Philippines Corp. has secured approval from the Philippine Stock Exchange (PSE) for the listing of its preferred shares, the listed company said on Thursday.
DoTr to test Dito CME’s e-payment platform Autopay
THE Transportation department said it would start testing in the “next few weeks” the automated fare-collection system developed by Dito CME Holdings Corp., the communications, media and entertainment arm of the Udenna Group.