MREIT buildings acquire IMMUNE certification
MREIT, Inc., the real estate investment trust of Megaworld Corp., announced that two buildings in its portfolio received a four-star IMMUNE certification from Healthy by Design Building Institute (HDBI).
Globe shares fall amid recession fears
AYALA-LED Globe Telecom, Inc.’s share price dipped last week due to a market sell-off prompted by global recession fears and rising interest rates to contain surging inflation.
How PSEi member stocks performed — June 17, 2022
Here’s a quick glance at how PSEi stocks fared on Friday, June 17, 2022.
Alliance Global increases capital spending to P60B
TAN-LED Alliance Global Group, Inc. (AGI) announced on Thursday that it is hiking its capital spending to P60 billion this year, 33% higher than the previous year as it “strengthens and expands existing businesses to achieve and surpass pre-pandemic levels.”
Vivant to invest P25B for water, power projects
VIVANT Corp. has earmarked P25 billion for infrastructure and power development projects starting this year until 2027 as the Cebu-based holding firm aims to diversify its businesses and expand its reach.
NLEX Corp. to spend P1.2B on technology systems this year
NLEX Corp. announced on Thursday that it has allocated P1.2 billion for this year’s capital expenditures to improve customer experience.
First Gen unit seeks more time to build LNG terminal
FIRST GEN Corp. said on Thursday that its unit had requested the Energy department to extend the validity of its permit to build its interim offshore terminal for imported liquefied natural gas (LNG).
Converge expands call center operations in Pampanga as demand heightens
LISTED fiber internet provider Converge ICT Solutions, Inc. said it has expanded its call center operations through its partner Universal Access and Systems Solutions, Inc. (UAS Solutions) in Pampanga to meet heightened demand.
PSE bullish on reaching P200-B capital raising
THE top official of the Philippine Stock Exchange (PSE) said he is bullish on hitting the target of around P200 billion in capital raised by the end of the year.
SEC flags anew YDYS Trading operating under new name
THE Securities and Exchange Commission (SEC) has flagged YDYS Trading OPC, which has been continuing its solicitation activities under a new name, Omnimeta Global Solutions.
Aboitiz Construction finishes 69-kV transmission line project in Batangas
ABOITIZ Construction, Inc. said on Thursday that it recently completed the construction of another 69-kilovolt (kV) overhead transmission line project for Lima EnerZone (LEZ) in Lipa City, Batangas.
Alliance Select reports net loss
ALLIANCE Select Foods International, Inc. on Thursday reported a net loss of $394,000 in the first quarter.