Discovery World increases stake in four subsidiaries

DISCOVERY WORLD Corp. has increased its subscription in four subsidiaries in a move to create opportunities for the company’s resort business.

PCCI sets up venue for teaching robotics, entrepreneurship

THE Philippine Chamber of Commerce and Industry (PCCI) on Thursday launched a center for technology education and entrepreneurship.

2GO launches supply chain solution

2GO GROUP, Inc. has launched a new supply chain solution called 2GO Connect that aims to remove supply chain inefficiencies amid the coronavirus disease 2019 (COVID-19) pandemic.

Lopez Holdings cancels voluntary delisting plan

LOPEZ HOLDINGS Corp. withdrew its petition to voluntarily delist from the local market after First Philippine Holdings Corp. (FPH) amended its tender offer on Wednesday.

Globe says its 5G now covers 80% of Metro Manila

GLOBE TELECOM, Inc.’s fifth generation (5G) is now able to reach 80% of Metro Manila through its recent upgrades, with main business districts experiencing the most connectivity coverage, the company said.

How PSEi member stocks performed — January 21, 2021

Here’s a quick glance at how PSEi stocks fared on Thursday, January 21, 2021.

Makati Shangri-La Hotel to temporarily close

MAKATI SHANGRI-LA Hotel will be temporarily closing down operations starting next month as it yields to financial pressures caused by the lockdown.

DoE clears six firms to serve customers who opt for ‘green’ energy

SIX suppliers of renewable energy, including entities led by Aboitiz and Ayala businesses, have been granted permits to participate in the country’s “green energy option” program, giving them the lead in offering electricity to consumers who prefer cleaner power sources.

Former MPIC, Megawide executives join Converge

NEWLY listed fiber internet provider Converge ICT Solutions, Inc. announced on Wednesday the appointment of its two new executives, who are expected to raise the company’s “organizational standards of governance, stakeholder relations, and risk management.”

ERC taps third-party to audit electric cooperatives

THE Energy Regulatory Commission (ERC) has enlisted the services of consulting firm Reyes Tacondong & Co. to audit the electric cooperatives (ECs) on the use of funds for their capital expenditures, in a bid to complement the commission’s evaluation efforts, the regulator said on Wednesday.

Growth rate of business name registrations hit 10-year high in 2020

BUSINESS name registrations with the government in 2020 grew by its largest margin in a decade, the Trade department said.

First Philippine Holdings amends tender offer for Lopez Holdings shares

FIRST PHILIPPINE Holdings Corp. (FPH) has modified its tender offer to buy common shares of Lopez Holdings Corp. by lowering the number of stocks that it plans to acquire, the company said in a regulatory filing on Wednesday.