MOBILE NETWORK services have been restored to more areas in Visayas and Mindanao, such as Negros Island.   

NLEX Corp. donated P1.5-million worth of goods and construction materials in areas within Southern Leyte and Cebu as part of its efforts to help communities affected by Typhoon Odette.

MANILA Electric Co. (Meralco) cautioned the public against lighting firecrackers and pyrotechnics near electric lines and transformers to avoid power interruptions.

MINING stocks maintained their surge on Wednesday as the market cheered the lifted ban on open-pit mining, prompting traders and analysts to assess the longer-term impact on profits while staying wary on the move’s continuity when the country elects new political leaders.

AYALA-LED AC Energy Corp. has agreed to subscribe to the shares of two subsidiaries for a combined P14 billion to fund the units’ separate projects in solar and wind energy development.

CENTURY PROPERTIES Group, Inc. is planning a P3-billion fixed-rate retail bond offering, proceeds of which will be used to partially refinance debt as well as fund capital expenditures and general corporate requirements, subject to regulatory approval.

APEX MINING Co., Inc. said on Wednesday that it received a letter from Prime Strategic Holdings, Inc. about its newspaper notice to make a mandatory tender offer for the listed mining company’s shares at a price of P1.30 per apiece.

OVER 50 McDonald’s Philippines stores were said to have been hit by Typhoon Odette but the majority have since resumed operations and only one remains closed.

CONVERGE ICT Solutions, Inc. said it increased its international network capacity by 1.3 terabits per second (Tbps) through its C2C (city-to-city) cable system, the company said in a statement on Wednesday.

AIRASIA GROUP Berhad (AAGB) announced that it is set to complete its renounceable rights issue to its existing shareholders on Dec. 31 in a bid to support its fundraising efforts.

Here’s a quick glance at how PSEi stocks fared on Wednesday, December 29, 2021.

FIGARO Coffee Group, Inc. omitted plans to use a portion of net proceeds for potential acquisitions and decreased the budget for store launches and renovations, following the downsizing of its initial public offering (IPO) to P767.39 million.