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MRC Allied, Inc. targets to add 42 megawatts (MW) from solar power plants to its portfolio in 2019, as it boosts its solar energy generation capacity.
A SHAREHOLDER of Asiabest Group International, Inc. (ABG) has asked the Securities and Exchange Commission (SEC) to stop Tiger Resorts Asia Ltd. (TRAL) from conducting a tender offer for its planned backdoor listing, citing the company’s failure to disclose a legal dispute with Japanese casino tycoon Kazuo Okada.
EXPANSION of the business process outsourcing (BPO) sector next year may be hampered by the continued delay of the Philippine Economic Zone Authority (PEZA) in approving applications, according to Colliers International Philippines.
ALLIANCE Select Foods International, Inc. said the warrants of arrest against its incumbent officials have been recalled, after a Pasig court upheld that these violated their right to due process.
STOCKS tumbled on Thursday as investors were concerned the arrest of a top executive of Chinese telco giant Huawei could further flare up trade tensions between China and the United States.
MELCO RESORTS and Entertainment (Philippines) Corp. (MRP) expects its public float to fall below the required percentage after the completion of its majority shareholder’s tender offer, making it eligible to be removed from the local bourse.
MASS HOUSING developer 8990 Holdings, Inc. will be spending about P10 billion in capital expenditures next year as it builds up its hospitality portfolio.
DMCI Project Developers, Inc. has completed the construction of its Mirea Residences project in Pasig City eight months ahead of schedule, allowing unit owners to move in earlier than expected.
THE MAIN INDEX rallied to the 7,700 level on Tuesday, driven by the optimism from the truce between China and the United States alongside expectations of tamer inflation for the month of November.
HOLCIM PHILIPPINES, Inc. is allocating almost $300 million to hike capacity by a third by 2020, banking on the rollout of the government’s infrastructure program.
TRADING AT the local stock market was delayed for almost an hour on Monday due to telecommunication line issues, according to a top official.
THE Securities and Exchange Commission (SEC) has released the proposed guidelines to implement the ASEAN Capital Markets Forum (ACMF) Pass, which seeks to allow the free movement of investment advisers within the Association of Southeast Asian Nations (ASEAN).
THE property unit of DMCI Holdings, Inc. remains on track to reach its P40-billion target for reservation sales this year, following the strong demand for its projects in Mandaluyong and Pasig.
SM PRIME Holdings, Inc. unveiled on Thursday a business continuity program (BCP) facility for its partners to enhance their protection and preparedness against natural disasters.
THE MAIN INDEX tumbled on the last trading day of November, failing to sustain early morning gains due to the MSCI rebalancing and dovish comments from the US Federal Reserve chief, accompanied by window dressing.
MEGAWIDE Construction Corp. secured a P10.1-billion contract to construct Mandani Bay Quay Phase 2 in Mandaue City, Cebu, allowing it to breach its target for new contracts this year.
THE Securities and Exchange Commission (SEC) has issued a memorandum circular directing companies to declare their beneficial owner to ensure that they will not be used for money laundering and terrorist financing purposes.
MANILA WATER Company, Inc. (MWC) has been awarded joint venture agreements by Lambunao Water District (LWD) and Calinog Water District (CWD) for two separate water supply systems in the province of Iloilo.
THE local unit of Taiwan’s New Kinpo Group has started the construction of its 24,000-square meter (sq.m.) facility in Batangas, in line with the goal to double its workforce in the country by 2020.
CEMEX Holdings Philippines, Inc. (CHP) has secured a subordinated revolving loan worth up to $75 million to finance its new plant in Antipolo, Rizal.
LOPEZ-LED Energy Development Corp. (EDC) will officially be removed from the Philippine Stock Exchange (PSE) on Thursday, Nov. 29.
ACCELERATING PRICES of goods crimped the growth of some of the country’s top conglomerates in the third quarter, as margins contracted due to higher input costs.
THE Philippine Stock Exchange, Inc. (PSE) has proposed to prohibit trading participants from buying shares in the exchange to ensure that they comply with the 20% industry ownership limit.