Fruitas drops bid to fully own Surehealth
Fruitas Holdings, Inc. has dropped its plan to fully acquire Surehealth Multi-Specialty and Diagnostic Clinic Corp. as it keeps its focus on the food...
PLDT Home aims to power ‘smart homes’ with 10,000 Mbps service
PLDT Home is set to launch in December a 10,000 megabits per second (Mbps) fiber-optic service, which is seen to enable smart homes in...
Airspeed plans new hubs as e-commerce demand rises
Integrated logistics company Airspeed announced on Friday that it would open new hubs in Cavite, Parañaque and Pasay, as online retail demand continues to...
DoubleDragon transforms into a holding firm
DoubleDragon Properties Corp. has secured approval to change its name to DoubleDragon Corp. and to transform from a real estate developer into an investment...
PAL losses since bankruptcy filing reach P2.89B
FLAG carrier Philippine Airlines (PAL) ended October, two months since its Chapter 11 filing on Sept. 3, with a loss of $27.87 million, or...
Udenna defends Malampaya deal
UDENNA Corp. defended on Thursday its acquisition of the controlling stake in the Malampaya deep-water gas-to-power project, saying similar transactions in the past never...
Colliers sees property market recovery next year
PROFESSIONAL services and investment management firm Colliers said property market demand is likely to rise next year amid improving vaccination efforts, growing cash remittances,...
ACEN, AMI start operations of 252-MW wind farm in Vietnam
ACEN Corp. and AMI Renewables of Vietnam have started the commercial operations of a 252-megawatt (MW) wind farm in Quang Binh, Vietnam, the Ayala...
One Meralco allots P76B for renewable energy projects
ONE Meralco, the group of companies led by Manila Electric Co. (Meralco), is allocating an estimated P76 billion for renewable energy projects to transition...
FILRT to grow portfolio with three office buildings
FILINVEST REIT Corp. (FILRT) announced its plans to grow its portfolio by more than a third by adding three “Grade A” office buildings to...
PAGCOR seeks help in monitoring online sabong
THE Philippine Amusement and Gaming Corp. (PAGCOR) is asking the public to report online cockfighting or e-sabong platforms made available to overseas Filipino workers...
How PSEi member stocks performed — November 18, 2021
Here’s a quick glance at how PSEi stocks fared on Thursday, November 18, 2021.