Cold chain logistics firm files P1.5-billion IPO

ISOC Cold Chain Logistics, Inc. has filed with the corporate regulator an application to hold an initial public offering (IPO) of shares worth nearly P1.5 billion to fund, among others, its expansion plans.

ACEN to build two wind farms costing around P17B

AC ENERGY Corp. (ACEN) expects to spend an estimated P17 billion on two wind power projects with a combined capacity of 230 megawatts (MW) that it targets to complete in the next two years, its top official said.

Monde Nissin says ethylene oxide not added in noodles

MONDE Nissin Corp. said on Thursday that Lucky Me! products do not contain ethylene oxide, which it described as commonly used to treat spices and seeds to control microbial growth.

Frontier Towers erects 500th tower in PHL

TOWER company Frontier Tower Associates Philippines, Inc. (Frontier Towers) announced on Thursday the completion of its 500th tower in the country, indicating its strong presence in the telecom tower industry.

Metro Pacific’s CAVITEX C5 Link Ext. from Merville to E. Rodriguez to open this...

CAVITEX Infrastructure Corp. (CIC), a subsidiary of Metro Pacific Tollways Corp. (MPTC), is eyeing to open this month the 1.6-kilometer (km) extension of the CAVITEX C5 Link in an effort to increase the volume of motorists on its road network.

Pilmico launches hog feed brand to boost production

PILMICO Foods Corp. announced on Thursday that it launched an improved hog feed brand to help boost swine farmers’ production.

SC affirms P51-M canceled tax assessment on Unisys

THE Philippine Supreme Court (SC) has affirmed the cancellation of the tax assessment on Unisys Public Sector Services Corp. worth P51.19 million representing its erroneously paid value-added tax (VAT) for three quarters in 2009 and three quarters of 2010.

Century Pacific ventures into fish-free tuna

CENTURY Pacific Food, Inc. released its latest innovation in plant-based alternatives — unMEAT fish-free tuna.

Pilipinas Shell offers EV charging, carbon offset program

PILIPINAS Shell Petroleum Corp. launched Thursday its electric vehicle (EV) charging service in the country that it described as the first of its kind on local expressways.

Alfamart on track to have 1,400 stores in Luzon

ALFAMART, the minimart chain of SM Markets, aims to expand its stores to a total of 1,400 by the end of 2022 as it actively looks for sites in terminals and residential communities.

How PSEi member stocks performed — July 7, 2022

Here’s a quick glance at how PSEi stocks fared on Thursday, July 7, 2022.

Meralco ‘will comply’ with ERC’s refund order

MANILA Electric Co. (Meralco) has confirmed receipt of an order from the Energy Regulatory Commission (ERC) directing the country’s largest power distribution utility to refund distribution-related charges amounting to P21.8 billion or 87 centavos per kilowatt-hour (kWh) for residential customers.