AC Energy, Marubeni’s Axia team up for Rizal diesel-fired power plant
AYALA-LED AC Energy Philippines, Inc. (ACEPH) is set to partner with the Philippine energy unit of Japan-based Marubeni Corp. to build a diesel-fired plant in Rizal.
Megaworld to launch residential condo tower in Bacolod township
MEGAWORLD CORP. is building a new condominium tower in Bacolod City that could raise P1.6 billion in sales for the company.
San Miguel to issue $500-million perpetual securities
SAN MIGUEL CORP. (SMC) is issuing $500-million perpetual securities under its $3-billion medium-term note and securities program.
Villars’ Streamtech wants to boost internet-providing capability
VILLAR-LED Prime Asset Ventures, Inc. (PAVI) is looking to ride on the increased use of the internet nationwide through its telecommunications subsidiary Streamtech Systems Technologies, Inc.
Uy’s PH Resorts rushes tourism project for 2021
LISTED PH Resorts Group Holdings, Inc. of businessman Dennis A. Uy is expediting the opening of its integrated tourism resort in Cebu to 2021 despite the coronavirus disease 2019 (COVID-19) pandemic.
SEC extends deadline for filing corporate annual reports anew
THE Securities and Exchange Commission (SEC) is extending the deadline for submission of Integrated Annual Corporate Governance Reports (I-ACGRs) for another month due to the continuing effects of the coronavirus pandemic.
Insular Life provides digital platform, online payment capability to clients in pandemic
INSULAR LIFE (InLife) has combined what it calls “technological breakthroughs” to sell insurance policies while serving the needs of its customers during the pandemic.
Globe, AC Health to launch mobile health app
Ayala Corp.’s (AC) healthcare unit and Globe Telecom, Inc. will soon offer their services in a single mobile health app called “HealthNow,” which they plan to launch in the next 30 days.
PAL to offer 122 weekly flights next month
Philippine Airlines (PAL) will further increase its domestic and international flights next month.
How PSEi member stocks performed — July 23, 2020
Here’s a quick glance at how PSEi stocks fared on Thursday, July 23, 2020.
ABS-CBN in talks with creditors on debt; shares fall 30%
Philippine broadcaster ABS-CBN Corp. said it’s in talks with creditors on its long-term debt, saying its financial obligations are manageable even after Congress rejected...
Holcim stays under global group
HOLCIM Philippines, Inc. is set to remain part of the global group of Switzerland-based LafargeHolcim Ltd. after the failure of its $2.15-billion sale to San Miguel Corp. (SMC).