ALLHC eyes completion of 2nd cold storage facility in Cebu by Q3 2025
LISTED AyalaLand Logistics Holdings Corp. (ALLHC) recently broke ground on a new cold storage facility in Consolacion, Cebu as part of its network expansion.
The...
ICTSI’s Ecuador unit to manage COSCO cargo
LISTED port operator International Container Terminal Services, Inc. (ICTSI), through its subsidiary Contecon Guayaquil S.A. (CGSA), has partnered with COSCO Shipping Specialized Carriers Co.,...
SEC approves Petron’s P17-B preferred share offer
PETRON CORP. has secured approval from the Securities and Exchange Commission (SEC) for a follow-on offering of up to P17 billion in preferred shares.
The...
inDrive plans to enter PHL motorcycle ride-hailing market
INDRIVE, a global ride-hailing app operated by RL Soft Corp., plans to enter the motorcycle ride-hailing market in the Philippines soon, according to a...
DMCI Holdings sees completion of Cemex acquisition by end-November
DMCI Holdings, Inc. expects to complete its acquisition of Cemex Holdings Philippines, Inc. (CHP) by the end of November, according to a company official.
DMCI...
How PSEi member stocks performed — September 4, 2024
Here’s a quick glance at how PSEi stocks fared on Wednesday, September 4, 2024.
Philippines’ First Gen seeks LNG cargo for October delivery
SINGAPORE - Philippine power producer First Gen Corp has issued a tender seeking a cargo of liquefied natural gas (LNG) for its gas-fired power...
Retail, F&B face cautious optimism for second half
CONSUMER-RELATED companies, such as those in retail and food and beverage (F&B) sectors, are expected to perform well in the second half of the year with higher consumer spending anticipated during the holiday season, though potential risks remain, according to market analysts.
inDrive PHL targets to grow driver network to 16,000 by yearend
INDRIVE, a global ride-hailing app operated by RL Soft Corp., plans to double its partner-drivers in the Philippines to 16,000 by the end of...
SC junks ERC’s plea against San Miguel-Meralco deal
THE SUPREME COURT (SC) has denied with finality the motion for reconsideration filed by the Energy Regulatory Commission (ERC), upholding its decision on the...
Mercato Centrale renews lease with RLC at Bridgetowne Estates
MERCATO CENTRALE has renewed its partnership with Robinsons Land Corp. (RLC) for the operation of an outdoor food market at the Bridgetowne Destination Estates...
MPIC’s mWell expands with new self-care tools, counseling services
METRO Pacific Investments Corp. (MPIC), through its digital healthcare unit mWell, is expanding its digital healthcare offerings by integrating self-care tools and counseling services...