Roxas and Co. plans to further reduce debt in 2021
ROXAS AND CO., Inc. (RCI) plans to carry on its strategy of selling non-essential assets and further reduce its debt this year.
PCC directs Grab PHL to disburse over P6 million to passengers
RIDE-HAILING company Grab Philippines has been ordered by the country’s competition watchdog to disburse more than P6 million to select passengers in Metro Manila due to pricing issues.
Vulcan transfers mining rights, interests in two sites to United Paragon
VULCAN Industrial & Mining Corp. has transferred its rights and interests in two of its sites in Negros Occidental to United Paragon Mining Corp., the latter said on Thursday.
How PSEi member stocks performed — February 4, 2021
Here’s a quick glance at how PSEi stocks fared on Thursday, February 4, 2021.
Firm with no revenue is the most-traded Philippine stock with 103% gain
Abra Mining & Industrial Corp. has no revenue and zero analyst coverage. Yet, the loss-making mining company’s stock has more than doubled in 2021 and is also the most-traded name in the Philippines.
Flexible, nimble millennials usher changes in work spaces
MILLENNIAL leadership is creating more flexible and productive workplaces, business leaders said, highlighting the changes in the organizations they help steer.
AllHome opens fourth branch in Mindanao
ALLHOME Corp. has opened a branch in General Santos City as the Villar-led company expands its store network across the country.
Ovialand sees P1-B home loan takeouts with Pag-IBIG Fund
OVIALAND, Inc. is targeting P1 billion in home loan takeouts with state agency Pag-IBIG Fund in 2021 as demand for affordable shelter continues to grow, the housing developer said.
Mitsubishi to install power equipment at EDC’s geothermal plant
TOKYO-BASED Mitsubishi Heavy Industries, Ltd. (MHI) announced on Wednesday that two of its units would install binary cycle power equipment at Energy Development Corp.’s (EDC) 29-megawatt (MW) geothermal plant in Palayan, Nueva Ecija, to help in generating “cleaner” energy.
PHL AirAsia partners with GCash, PayMaya for contactless transactions
PHILIPPINES AirAsia, Inc. on Wednesday said it has partnered with PayMaya Philippines, Inc. and Globe Fintech Innovations, Inc.’s GCash for cashless transactions at its check-in counters.
ABS-CBN names new head of global unit
ABS-CBN Corp. announced on Wednesday the appointment of Aldrin M. Cerrado as the new chief operating officer of ABS-CBN Global Ltd.
How PSEi member stocks performed — February 3, 2021
Here’s a quick glance at how PSEi stocks fared on Wednesday, February 3, 2021.




