Speaking on workplace diversity and inclusivity, Aboitiz Power Corporation (AboitizPower) highlighted the importance of being an equal opportunity employer that evaluates based on merit and performance as opposed to sexual orientation, gender identity, or any other status. AboitizPower SAVP for...
The PSEi inched up on some bargain-hunting after last week’s correction and as investors wait for market moving news to be released later this week. The main index added 16.09 points or 0.22 percent to close at 7,326.41 as Miners led the advance with only the Services counter in the red. Volume...
SMC Infrastructure and Ayala Greenfield Development Corporation (AGDC), a joint venture between Ayala Land Inc. and the Campos family’s Greenfield Group have broken ground on the Ayala Greenfield Interchange. In a statement, ALI said this is a critical infrastructure project set to improve...
Local craft brewery Engkanto Brewery has partnered with AboitizPower Distributed Renewables Inc. (APx) to install solar panels at its facility and reduce its carbon footprint. Taking a step towards renewable energy, APx will provide Engkanto with 97.09 kilowatt-peak (kWp) solar panels that could...
Megaworld Corporation is expanding its township footprint to Ilocos Norte by investing P15 billion to develop an 84-hectare land along the coastline of Laoag City into a premium mixed-use beachside township. In a disclosure to the Philippine Stock Exchange, the firm said the budget will be spent...
SFA Semicon Philippines Corporation (SSP) has asked the Philippine Stock Exchange (PSE) to suspend the trading of its shares from 9:00 am on Oct. 14 to 9:00 am of Oct. 15, 2024 to give the investing public time to absorb information related to the approval of its planned delisting. The firm...
Arthaland Senior Vice President and Chief Sustainability Officer Oliver Chan and MB Business Development Head Jordan Tan Recognized as the only real estate developer in the Philippines whose residential and commercial portfolio is fully certified as sustainable by both local and international...
Artificial Intelligence (AI) is gaining widespread attention as numerous institutions, companies, and applications harness this cutting-edge technology. While some remain cautious about integrating AI, others view it as an opportunity to provide more convenient and cost-effective services to...
The local stock market fell as investors worry about the possible impact of the higher-than-expected US inflation rate might have on interest rate cuts. The main index dropped 101.15 points or 1.36 percent to close at 7,310.32 with the interest rate-sensitive Property sector suffering the biggest...
The International Finance Corp. (IFC) has green-lit a loan package for Filipino firm Asialink Finance Corp. (AFC) to help boost small business lending in the Philippines. The private-sector lending arm of the World Bank Group (WBG) disclosed on Friday, Oct. 11, that the senior loan financing...
Kuala Lumpur — AboitizPower Distribution Utilities is considering acquiring Northern Davao Electric Cooperative (Nordeco) to help provide consumers with affordable power. According to its Chief Operating Officer (COO) Anton Perdices, while the company is looking forward to buying Nordeco, many...
Energy and water conglomerate Vivant Corporation reported that its wholly-owned subsidiary Vivant Hydrocore Holdings Inc. (VHHI) is divesting its stake in Watermatic Philippines Corporation (WMP) in favor of its Israeli joint venture partner. In a disclosure to the Philippine Stock Exchange (PSE),...
