How AI is helping Maynilad reduce water loss

WEST ZONE concessionaire Maynilad Water Services, Inc. is leveraging artificial intelligence (AI) to enhance its water supply services by addressing pipe leaks, its chief operating officer (COO) said.

House panel may discuss ABS-CBN franchise next week

A HOUSE of Representatives committee may start discussing proposals seeking to provide media company ABS-CBN Corp. with a fresh 25-year franchise by next week, a congressman said on Thursday.

Ayala Land to launch 78,000 sq.m. of retail space this year

AYALA LAND, Inc. (ALI) said it is opening new malls this year with about 78,000 square meters (sq.m.) of retail space as the property...

Pacific Online acquiring 37.5% stake in HHR Philippines

PACIFIC ONLINE Systems Corp. is acquiring a 37.5% stake in electronic gaming platform software and service provider HHR Philippines, Inc. (HHRPI) for P150 million...

E-gaming drives PAGCOR income to P16.76 billion

THE Philippine Amusement and Gaming Corp. (PAGCOR) said it more than doubled its net income for 2024 to P16.76 billion from P6.81 billion in...

Concepcion Industrial earnings up 83%

LISTED appliance retailer Concepcion Industrial Corp. (CIC) saw an 83% increase in its unaudited consolidated earnings for the full year 2024 to P1.2 billion. The...

ICTSI Melbourne invests in hybrid carriers to raise capacity

RAZON-LED International Container Terminal Services, Inc. (ICTSI), through its unit Victoria International Container Terminal (VICT) at the Port of Melbourne, has purchased four new...

How PSEi member stocks performed — January 30, 2025

Here’s a quick glance at how PSEi stocks fared on Thursday, January 30, 2025.

DoE names 12 bidders for 3rd GEA, including First Gen, SMC units

THE DEPARTMENT of Energy (DoE) has identified 12 qualified bidders, including units of First Gen Corp. and San Miguel Corp. (SMC), for the third...

FLI targets to increase gov’t office leases

GOTIANUN-LED Filinvest Land, Inc. (FLI) is eyeing more office space leasing deals with government agencies to boost its commercial segment. “We’re starting to tap into...

Meralco surpasses 2024 energy sales volume target

POWER distributor Manila Electric Co. (Meralco) has exceeded its target energy sales volume growth for 2024, driven by growth across all segments, a high-ranking official said.

Topline says growth strategy in full swing ahead of P900-M IPO

CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) expects to sustain growth ahead of its planned P900-million initial public offering (IPO). “With our upcoming...