The holidays are coming, and odds are, some already have a long road trip with the family planned. This means traversing one of the country’s highways to get out of the city and close to one of the many scenic locations out of town. To ensure smooth travel through its highways, MPT Mobility...
Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
For the second year in a row, billionaire Enrique K. Razon Jr. has been ranked as the sixth Most Influential Person in the 2023 edition of the Asian Gaming Power 50 while his Bloomberry Resorts Corporation also reaped awards. Asian Gaming Power 50 is a ranking of the 50 most influential and...
Light Rail Manila Corporation (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), has begun pilot testing special QR and beep lanes to help reduce long queues in its stations. The new lanes were implemented at select LRT-1 station on Dec. 7, including EDSA, Libertad, Quirino,...
Liberty Solar Energy Corp. (LSEC), a subsidiary of the renewable power pioneer Alternergy Holdings Corp. (Alternergy) received an operating contract from the Department of Energy (DOE) for the Apulid Solar Project in Paniqui, Tarlac. In a disclosure to the Philippine Stock Exchange (PSE),...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
Billionaire Manuel B. Villar listed property developer Vista Land & Lifescapes Inc. has successfully raised P6 billion through the issuance of triple-A rated peso-denominated fixed-rate bonds. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the bonds consist of Series F...
Altenergy Holdings Corp., a renewable power pioneer, has chosen K2 Management (K2M), an energy transition project management and engineering consultancy firm with headquarters in Denmark, to develop and construct two wind projects in the Philippines. In a disclosure to the Philippine Stock...
The 13.2-megawatt (MW) Nabas-2 Wind Power Project of PetroWind Energy Inc. (PWEI) has secured fiscal incentives from the Board of Investments (BOI). PWEI is a joint business between Yuchengco's PetroEnergy Resources Corporation (20 percent), PetroGreen Energy Corporation (PGEC) (40 percent), and...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
Solar Philippines New Energy Corp. (SPNEC), a subsidiary of Solar Philippines, appointed Meralco PowerGen Corp. (MGen) chief financial officer (CFO) Rochel Donato Garcia as its new treasurer and officer. In a disclosure to the Philippine Stock Exchange on Tuesday, Dec. 5, SPNEC’s board of...
DoubleDragon's Dragon8 Mall (right) taken this weekend. DoubleDragon's Dragon8 Mall in Divisoria Manila hit its highest weekend customer foot traffic of 67,136 and is expected to further increase in the coming days. Daily customer foot traffic is expected to exceed 200,000 once the NSCR urban rail...
