Megawide secures contract to build 1,664 houses in General Trias

LISTED construction company Megawide Construction Corp. announced on Monday that it secured its eighth contract with housing developer PHirst Park Homes, Inc. (PPHI).

CTS Global to venture into Indonesian market

CTS Global Equity Group, Inc. plans to expand into the Indonesian stock market with an initial fund disbursement into Bank Central Asia (BCA) Indonesia, it disclosed on Monday.

SEC clears LFM Properties’ listing on the SME board

THE Securities and Exchange Commission (SEC) has considered favorably the listing of LFM Properties Corp. on the stock exchange, the corporate regulator said on Monday.

Globe says millions of customers report bank-related scam, spam messages

GLOBE Telecom, Inc. on Monday said it partnered with eight major banks to address bank-related scam and spam messages, which reached more than nine million in the first half of the year.

Manila Water upgrades pumping station

MANILA Water Co., Inc. announced that it recently upgraded the pumps and motors at its 21st pumping station to meet the increasing water supply demand in Taguig City.

How PSEi member stocks performed — July 4, 2022

Here’s a quick glance at how PSEi stocks fared on Monday, July 4, 2022.

Pushkart.ph plans expansion to Cavite, Pampanga by third quarter

ONLINE grocery shopping and delivery platform Pushkart.ph is aiming to expand in cities across Cavite and Pampanga within the third quarter of this year.

Filinvest starts making precast concrete products

CALAMBA, LAGUNA – Gotianun-led, Filinvest Land, Inc. (FLI) expects to boost product delivery as it launched along with Dreambuilders Pro, Inc. its first precast and batching plant in its township development Ciudad de Calamba on Saturday.

SteelAsia to start operating Batangas melt shop in 2024 

STEEL firm SteelAsia Manufacturing Corp. is planning to start the operation of its industrial scale melt shop in Lemery, Batangas by 2024.

Cebu Pacific resumes flights to Sydney

BUDGET carrier Cebu Pacific announced that it resumed its direct flights between Manila and Sydney as of July 1 amid the easing of travel restrictions in the Philippines and Australia.

SFA Semicon earnings down 20%

SFA Semicon Philippines Corp. (SSP) reported that its first-quarter net income attributable to parent equity holders went down by 20.2% to $3.19 million from $4 million despite higher revenues.

CTA grants property leasing firm’s tax refund claim

THE Court of Tax Appeals (CTA) has granted the appeal of Basic Housing Solutions, Inc. to cancel and set aside its income tax liabilities for the year 2014 worth P21.41 million inclusive of interest.