Filinvest to open Mimosa mall in Clark by Q4
GOTIANUN-LED Filinvest Land, Inc. (FLI) said it plans to open Filinvest Malls Mimosa in Clark by the fourth quarter (Q4) of the year.
CTA voids BIR’s P116-M tax assessment vs Barrio Fiesta
THE Court of Tax Appeals (CTA) has ruled in favor of Barrio Fiesta Manufacturing Corp., canceling the Bureau of Internal Revenue’s (BIR) tax deficiency...
PNOC eyes offshore wind port project in Batangas
STATE-RUN Philippine National Oil Co. (PNOC) plans to develop an offshore wind (OSW) integration port to support power generation by 2028.
“PNOC has been actively...
JFC shares drop as Q4 earnings disappoint
SHARES in Caktiong-led Jollibee Foods Corp. (JFC) fell last week despite the company reporting higher full-year attributable net income for 2024.
Data from the Philippine...
How PSEi member stocks performed — March 21, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, March 21, 2025.
AboitizPower sets P78-B capex for 2025, prioritizing renewables
ABOITIZ Power Corp. (AboitizPower) has allocated P78.1 billion in capital expenditures (capex) for 2025, with 66% earmarked for its renewable energy portfolio.
“This reflects the...
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...