Both the airlines and its passengers may bear the brunt of higher fees for the use of properties and facilities of the Ninoy Aquino International Airport (NAIA), Transportation Secretary Jaime Bautista said on Wednesday, Oct. 2. On the sidelines of the 2024 Aviation Forum, Bautista said that should...
First Gen Corporation’s all-renewable energy arm, Energy Development Corp. (EDC), has received preliminary survey assignments and exploration (PSPE) for two greenfield geothermal projects in Indonesia. During the 10th Indonesia International Geothermal Convention, the EDC said it would have the...
The P1.55 billion tender offer of Filinvest Land, Inc. for its shares in exchange for shares of its real estate investment trust, Filinvest REIT Corporation (FILRT), will start next week. In a disclosure to the Philippine Stock Exchange, FLI said the tender offer will run from Oct. 7 to Nov....
Metro Pacific Investments Corporation’s digital healthcare platform, mWell, reported that it has integrated Physiare Physical Therapy Center’s cutting-edge physical therapy offerings in the mWell HealthHub. In a statement, mWell said this collaboration provides users with seamless access...
Senate President Francis “Chiz” Escudero said the Philippine Health Insurance Corporation (PhilHealth) can afford to lower its members' mandatory contribution thanks to the huge chunk of unutilized funds that it has accumulated over the years. Citing figures from the Department of Finance (DOF)...
The inaugural Manila Bulletin Sustainability Focus Session was held at the University of Santo Tomas on Monday, September 30, 2024, with Makati City Mayor Abby Binay (center) delivering the keynote address. Manila Bulletin President Dr. Emilio C. Yap III (seventh from left) and Manila Bulletin...
MB file photo Last night, a memorandum from San Miguel Corporation's New NAIA management was being circulated by concerned motorists. In that memo, New NAIA Infra Corp. (NNIC) outlined the new parking fees across all terminals. The memo detailed the new parking rates that are now P50 for the...
The local stock market recovered most of the previous day’s losses following the release of positive economic data and outlook. The main index jumped 107.67 points or 1.48 percent to close at 7,380.32 led by the strength of the Property sector. Volume dipped though, to 1.13 billion shares worth...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
Filinvest REIT Corporation (FILRT), the real estate investment trust of the Gotianun Group, has entered into another lease expansion agreement with the NASDAQ-listed operations management and analytics company, EXLService Holdings, Inc.. In a disclosure to the Philippine Stock Exchange, FILRT said...
The Consunji family’s privately-held investment holding company Dacon Corporation is planning to kick off its P1.94 billion tender offer for the minority shares of Cemex Holdings Philippines Inc. (CHP) next month. In a disclosure to the Philippine Stock Exchange, CHP said it has received a copy...
The local stock market fell on continued profit-taking as investors wait for key economic data to be released later this week. The main index plunged by 155.65 points or 2.1 percent to close at 7,272.65 with Conglomerates suffering the biggest loss. Volume was still strong at 1.08 billion shares...
