PetroEnergy Resources Corporation (PERC) scheduled its annual stockholders meeting on July 18, 2024 via remote communications. The said meeting will be held at Conference Room 1, 47th Floor, Yuchengco Tower, RCBC Plaza Building, 6819 Cor. Sen. Gil J. Puyat and Ayala Avenues, Makati City. To...
Pacific Online Systems Corporation, a gaming unit of Belle Corporation, has been awarded the P4.09 billion contract for the 5-year Lease for Web-Based Application Betting Platform for E-Lotto by the Philippine Philippine Charity Sweepstakes Office (PCSO). In a disclosure to the Philippine Stock...
Publicly-listed energy and water company Vivant Corporation (VVT) of Cebu signed a collaboration agreement with Ayala Land, Inc. (ALI) for the Kan-Irag Ecosystem Biodiversity Project last May 2024. In a statement, Vivant said the partnership will foster efforts in sustaining and preserving...
Gotinanun-led Filinvest Hospitality Corporation (FHC) has topped off its latest hotel development, the P2.7 billion Grafik Hotel Collection in Camp John Hay, slated to open by the first quarter of next year. Francis Gotianun, First Senior Vice President of Filinvest Hospitality Group, leads...
The Securities and Exchange Commission (SEC) has approved the planned bond offering of Megawide Construction Corporation worth up to P5 billion. In its meeting on June 18, the Commission En Banc resolved to render effective the registration statement of Megawide covering up to P4 billion of...
The Marcos administration’s economic team encouraged major Japanese companies to strengthen their technology expertise in the country to spur industry development and economic growth. On the sidelines of the Philippine Economic Briefing in Japan, the economic team engaged with top executives of...
The local stock market started the week lower as concerns over interest rate cuts continue to weigh on investor sentiment. The main index shed 14.9 points or 0.23 points to close at 6,368.80, pulled down by Banks and Services as a majority of sectors actually advanced. Volume was low at 298 million...
Diversified conglomerate San Miguel Corporation emerged as the leader among 38 Philippine firms in terms of revenues and as the only one among the top 10 in the first Fortune Southeast Asia 500 list. “The Fortune Southeast Asia 500 debuts right as global business is starting...
Ang-led San Miguel Corporation kicked off on Tuesday, June 18, 2024, the offering of up to P20 billion in fixed-rate retail bonds after receiving the approval of the Securities and Exchange Commission last June 14. In a disclosure to the Philippine Stock Exchange, the diversified conglomerate said...
Motorists will have a punishing drive to the gas pumps this week as the price of all fuel commodities will be on significant uptick, based on the pricing advisories of the oil companies. As announced by the industry players, there will be hefty price hike of P1.75 per liter for diesel products;...
DoubleDragon Corp.’s planned and outstanding bond issuances worth P25 billion have been assigned the highest issue credit rating of PRS Aaa by Philippine Rating Services Corp. (PhilRatings). The ratings agency said this is for DoubleDragon’s proposed bond issue of up to P10 billion and its...
Cemex Holdings Philippines Inc. (CHP), recently-acquired by the Consunji Group, reported that its principal operating subsidiaries APO Cement Corporation and Solid Cement Corporation have bought the right to their cement brands. In a disclosure to the Philippine Stock Exchange (PSE), CHP said APO...
