CEB to launch Ho Chi Minh flights from Cebu by April

CEBU PACIFIC (CEB) is set to introduce direct flights between Ho Chi Minh City and Cebu by the second quarter, the budget carrier announced...

CALAX Governor’s Drive Interchange launch moved to 2nd half

MPCALA HOLDINGS, Inc., a unit of Metro Pacific Tollways Corp. (MPTC), said it remains committed to opening the full stretch of the Cavite-Laguna Expressway...

Ayala Land Estates to open The Blue Leaf at Arca South by 2026

AYALA LAND ESTATES, Inc. (ALEI) said The Blue Leaf events space at the Arca South estate in Taguig City is set to open in...

Figaro Coffee Group rebrands as Figaro Culinary Group to expand offerings

FIGARO COFFEE Group, Inc. is changing its name to Figaro Culinary Group, Inc. as it expands its brand identity. The Securities and Exchange Commission (SEC)...

How PSEi member stocks performed — February 20, 2025

Here’s a quick glance at how PSEi stocks fared on Thursday, February 20, 2025.

Saudi Aramco to acquire 25% stake in Unioil Petroleum Philippines

SINGAPORE - Saudi Arabia's Aramco has signed an agreement to acquire a 25% equity stake in Unioil Petroleum Philippines, the company said in a...

Tokyo Gas enters PHL through FGEN LNG stake

TOKYO GAS Co., Ltd., Japan’s largest natural gas utility company, has completed its acquisition of a 20% equity stake in FGEN LNG Corp., the...

MGen unit energizes 19.8-MW solar farm in Nueva Ecija

MGEN Renewable Energy, Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), has energized its solar power plant in Bongabon, Nueva Ecija,...

Developers struggle to adjust condo prices as costs remain high — Cushman

PROPERTY DEVELOPERS in Metro Manila are unable to adjust condominium prices as inflation and supply chain issues keep costs high, according to real estate...

MPIC’s Pangilinan sees double-digit profit growth for 2024

METRO PACIFIC INVESTMENTS Corp. (MPIC) sees double-digit profit growth for 2024, driven by its power business and other subsidiaries. “The numbers are looking good, driven...

Monde Nissin expects 2024 profit rebound

FOOD AND BEVERAGE manufacturer Monde Nissin Corp. said it expects to report a return to profitability for full-year 2024. “Despite these challenges, both the impairment...

Chinese automaker targets 1,000 monthly sales in PHL

CHINESE AUTOMAKER Omoda and Jaecoo Motor Philippines, Inc. aims to achieve 1,000 monthly sales and expand its dealership network in the Philippines following its...