CNPF, partners plant 300,000 coconut trees
THE tree planting program under the collaboration of listed food company Century Pacific Food, Inc. (CNPF), mobile wallet GCash, and impact organization HOPE has...
How PSEi member stocks performed — December 9, 2021
Here’s a quick glance at how PSEi stocks fared on Tuesday, December 9, 2021.
‘Greener’ second homes capture buyer interest
FILIPINOS looking for second homes are also interested in “greener” or energy-efficient features, a global real estate service provider said in a study that also forecast local demand for these residences to continue beyond the pandemic.
MIAA losses widen to P1.96 billion amid health crisis
THE Manila International Airport Authority’s (MIAA) net loss after tax widened to P1.96 billion as of September this year after it missed its revenue projection by 29% amid the global health crisis.
PSE plans IPO forum for BoI-registered firms
THE Philippine Stock Exchange (PSE) will a conduct forum to discuss the process of conducting an initial public offering (IPO) to encourage companies registered with the Board of Investments (BoI) to tap the capital markets.
ICTSI says more upgrades at MICT next year
LISTED International Container Terminal Services, Inc. (ICTSI) on Wednesday said it will carry out more upgrades at its flagship Manila International Container Terminal (MICT) next year.
Meralco deploys more electric vehicles
POWER distributor Manila Electric Co. (Meralco) has expanded its green mobility program (GMP) by deploying 69 electric vehicles (EVs) on Tuesday as part of its commitment to reduce greenhouse gas emissions.
Cebu Pacific to operate more Manila-Bacolod flights starting Dec. 16
BUDGET carrier Cebu Pacific announced on Wednesday that it is increasing flights from Manila to Bacolod starting Dec. 16 to address the rising travel demand.
Medilines shares plunge 30%
SHARES in Medilines Distributors, Inc. plunged on its debut at the Philippine Stock Exchange (PSE) on Tuesday, closing 30% lower than its initial public offering (IPO) price.
San Miguel plans P30-B fixed-rate bond offer
SAN Miguel Corp. (SMC) is looking to offer P30-billion fixed-rate bonds, comprising a base offer of P25 billion with an oversubscription option of up to P5 billion.
Cebu Pacific expects to operate 84% of pre-COVID domestic capacity in 2022
BUDGET carrier Cebu Pacific announced on Tuesday that it remains “cautiously optimistic” about the prospects for 2022 despite the threat of the Omicron coronavirus variant, saying it expects to operate 84% of its pre-pandemic domestic capacity.
Chroma Hospitality plans rollout of Crimson hotels abroad
CHROMA Hospitality, Inc. is looking to “roll out” its Crimson Hotels & Resorts brand abroad just as it plans the brand’s expansion here at home, a company executive said on Tuesday.