Ayala Corp. signs $200-M Samurai loan
AYALA CORP. has signed its first yen-denominated loan worth $200 million (P11.5 billion) as part of its strategy to diversify capital sources at competitive...
DMCI earmarks P70-B capex, over half set for Maynilad
DMCI HOLDINGS, INC. is increasing its capital expenditure (capex) budget to P70 billion for 2025, up 45% from P48.3 billion in 2024, with a...
SMGP pursues P34-B cost recovery from terminated PSAs
SAN MIGUEL Global Power Holdings Corp. (SMGP), through its subsidiaries, is seeking to recover approximately P34 billion in incremental fuel costs incurred from its...
SM-backed NU to expand footprint with Cebu, Las Piñas campuses
NATIONAL UNIVERSITY (NU), backed by the Sy family’s SM Investments Corp. (SMIC), is expanding its campus network to 14 with planned openings in Cebu...
Alsons profit up 11% to P2.53 billion in 2024
ALCANTARA-LED Alsons Consolidated Resources, Inc. (ACR) reported an 11% increase in net income to P2.53 billion in 2024, driven by higher electricity demand and...
SEC clears Prime Media’s use of paid-in capital to offset deficit
PRIME MEDIA Holdings, Inc. said it had obtained approval from the Securities and Exchange Commission (SEC) for its equity restructuring plan.
In a stock exchange...
Okada Manila earns Asia Gaming Awards recognition
OKADA MANILA was named Best Integrated Resort and Best Sustainability Program at the 2024 Asia Gaming Awards, the company said on Wednesday.
The Asia Gaming...
SPAVI plans around P1-B capex to drive 2025 growth
LISTED restaurant operator Shakey’s Pizza Asia Ventures, Inc. (SPAVI) plans to allocate about P1 billion in capital expenditures (capex) this year.
“Last year, the guidance...
Converge expects subscriber base to grow to 4 million by 2027
CONVERGE ICT Solutions, Inc. said it expects to reach four million subscribers by 2027, driven by its expansion strategy.
"We are well on our way...
SM Prime targets 2026 completion for SixE-com Center in Pasay
SM PRIME HOLDINGS, INC. expects to complete the SixE-com Center office development in Pasay City by 2026, aligning with its portfolio expansion amid anticipated...
How PSEi member stocks performed — March 20, 2025
Here’s a quick glance at how PSEi stocks fared on Thursday, March 20, 2025.
SEC open to lower public float for large IPOs
COMPANIES planning to list on the Philippine Stock Exchange, Inc. (PSE) with an initial public offering (IPO) exceeding P5 billion may seek relief to offer less than the required 20% public float, as the Securities and Exchange Commission (SEC) considers providing flexibility on the rule.