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.

Chair of House panel dismisses talks of franchise renewal for ABS-CBN

HOUSE Committee Chair on Legislative Franchises Franz E. Alvarez dismissed proposals to revive talks on the renewal of the ABS-CBN Corp. franchise, adding this can be tackled in the next Congress.

Villar group orders COVID-19 vaccine for employees, commits to donate

THE VILLAR group, via AllHome Corp., has signed a deal with biopharmaceutical firm AstraZeneca to procure coronavirus disease 2019 (COVID-19) vaccines for its employees and for donation to the public.

How PSEi member stocks performed — January 28, 2021

Here’s a quick glance at how PSEi stocks fared on Thursday, January 28, 2021.

Industrial, logistics seen to lead property recovery

THE industrial and logistics sector — among the most stable real estate assets last year — would lead the recovery of the country’s property market in 2021, as the demand for e-commerce and coronavirus disease 2019 (COVID-19) vaccines rises, a real estate service provider said.

Companies face budget, regulation issues in digital transformation

BUDGET, regulations, cybersecurity, and inability to appreciate the benefits of technologies remain the top constraints that keep some companies from going digital, business leaders said.

SEC warns public against Intelligence Samusai

THE Securities and Exchange Commission (SEC) has advised individual borrowers about communicating with a certain entity named Intelligence Samusai.