Carmakers call for gov’t support on local assembly
A CAR industry group is urging the government to support local assembly after another manufacturer stopped its Philippine production.
Converge expects 55% household coverage by 2025
LISTED fiber internet provider Converge ICT Solutions, Inc. is aiming to cover more than half of the country’s households by 2025, its top official said.
Alsons allots P6.54 billion for four projects
ALCANTARA-LED Alsons Consolidated Resources, Inc. (ACR) has earmarked around P6.54 billion as capital expenditures (capex) for four projects under development, including three hydro plants, the listed firm said over the weekend.
Court of Tax Appeals affirms denial of gaming firm’s refund
THE Court of Tax Appeals (CTA) affirmed the denial of the tax refund claim of a junket gaming operator over the corporate income tax it paid worth P24.4 million for 2014.
PayMaya says it now has over 200k touchpoints nationwide
DIGITAL payments firm PayMaya Philippines, Inc. said it now operates over 200,000 touchpoints nationwide, serving over 28 million users.
ICTSI draws investors after finishing Manila terminal expansion
INVESTORS loaded up on shares of International Container Terminal Services, Inc. (ICTSI) last week after it completed its Manila container terminal expansion project.
How PSEi member stocks performed — January 22, 2021
Here’s a quick glance at how PSEi stocks fared on Friday, January 22, 2021.
Megawide, GMR turn over Clark airport’s new terminal building to gov’t
The consortium of listed builder Megawide Construction Corp. and Bangalore- based airport operator GMR Infrastructure Ltd. officially handed over to the government on Friday...
Premiere Horizon enters agritech sector
Listed holding firm Premiere Horizon Alliance Corp. has ventured into agriculture technology (agritech) sector via its subsidiary, PH Agriforest Inc.
In a regulatory filing on...
AboitizPower to supply renewable energy anew to Nueva Ecija towns
A subsidiary of Aboitiz Power Corp. has renewed its power supply agreement with a Nueva Ecija-based electric cooperative for 41 megawatts (MW) of clean...
SEC clears Century Properties bond offering
THE Securities and Exchange Commission (SEC) has approved the public offering of Century Properties Group, Inc. of up to P3 billion worth of fixed...
Filinvest Land to transform unit into REIT
FILINVEST Land, Inc. is set to transform its subsidiary Cyberzone Properties, Inc. into a real estate investment trust (REIT) company to fully realize the value of its leasing business.