DoubleDragon says Hotel101 moving closer to Nasdaq listing
DOUBLEDRAGON Corp.’s (DD) subsidiary, Hotel101 Global Pte. Ltd., is nearing its $2.3-billion (P130 billion) listing on the Nasdaq Stock Exchange in the United States...
NAC reaches deal with Sumitomo Metal to sell Coral Bay stake
NICKEL ASIA Corp. (NAC) has signed a deal to sell the company’s entire 15.625% stake in Coral Bay Nickel Corp. (CBNC), a nickel processing...
Taguig integrated terminal to start operations by 2028
THE TAGUIG CITY Integrated Terminal Exchange (TCITx) is expected to be fully operational by the first quarter of 2028, according to the Transportation department.
“This...
MGI secures Maibarara lots from PSALM for P473.17M
STATE-RUN Power Sector Assets and Liabilities Management Corp. (PSALM) has completed the sale of three lots of its Maibarara property in Batangas and Laguna...
BYD PHL says sales jumped in 2024
BYD CARS Philippines sold 4,780 BYD passenger vehicles in 2024, representing an 8,900% growth from 2023 and an 82% market share in the new...
ACR gets SEC nod to issue P3B in commercial papers
ALSONS Consolidated Resources, Inc. (ACR) has secured approval from the Securities and Exchange Commission (SEC) to issue P3 billion worth of commercial papers.
The commission...
Xpress to unveil new EV fleet this month
XPRESS, a ride-hailing startup, is set to unveil a new fleet of electric vehicles (EVs) this month in partnership with Chinese EV giant BYD.
The...
How PSEi member stocks performed — February 3, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, February 3, 2025.
PSEi relief rally expected this week
THE BELLWETHER Philippine Stock Exchange Index (PSEi) may see a “relief rally” this week after entering bear territory last Friday, with market movements likely to be driven by upcoming economic data.
IPOs likely by second half — ICCP
INITIAL PUBLIC OFFERINGS (IPOs) could come by the second half of 2025 amid uncertainties posed by the administration of United States President Donald J....
SteelAsia says January shipment sets export record
STEELASIA MANUFACTURING Corp. completed a P1.1-billion shipment of high-strength reinforcing steel to a subway project in Vancouver, Canada, last week, its chairman said.
“We have...
Vivant plans P4.5-B capex focusing on solar, wind power
CEBU-BASED energy and water company Vivant Corp. is allocating P4.5 billion for its 2025 capital expenditure (capex), focusing primarily on renewable energy projects such...