GLOBE Telecom, Inc. announced on Monday that its board of directors recently approved a stock rights offer for its eligible common shareholders.

HOUSE of Investments, Inc. (HI), the investment holding and management company of the Yuchengco group, has approved the purchase of A.T. Yuchengco Centre from its affiliate bank Rizal Commercial Banking Corp. (RCBC) for P6.07 billion.

ABOITIZ InfraCapital (AIC), Inc., the infrastructure arm of the Aboitiz group, said on Monday that it intends to transform its 794-hectare LIMA Estate in Batangas into a “smart” economic center to attract more investments.

Here’s a quick glance at how PSEi stocks fared on Monday, June 20, 2022.

THE prices of commodities are expected to increase in the coming months amid the challenges faced by manufacturers, according to the Philippine Amalgamated Supermarkets Association, Inc. (Pagasa).

SOME telecommunication tower companies operating in the Philippines said the entry of satellite firms into the local scene poses no threat to their business or to that of traditional telco providers, as the technology complements terrestrial connectivity, which does not reach many of the country’s remote areas.

THE Court of Tax Appeals (CTA) has affirmed a division ruling on PTT Philippines Trading Corp.’s refund of P13.35 million representing its erroneously paid advance value-added tax (VAT) on its importation of diesel fuel for the period covering Sept. 20, 2013, to Jan. 20, 2014.

TKC Metals Corp. incurred P49.68 million in first-quarter net loss attributable to parent equity holders, wider by 41.8% compared with the P35.04 million recorded a year earlier.

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).

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.

Here’s a quick glance at how PSEi stocks fared on Friday, June 17, 2022.

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.”