P1-B commercial papers are listed on PDEx by Cirtek Holdings

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CIRTEK Holdings Philippines Corp. said the “success” of its listing of P1 billion in commercial papers on Wednesday is shown by the offering's more than four times oversubscription at...

AbaCore and A Brown collaborate on mining and electricity ventures

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AbaCore Capital Holdings, Inc. has formed a joint venture with A Brown Co., Inc. to pursue energy and mining ventures. The listed mining business disclosed in...

AC Energy’s 63-megawatt solar farm in Zambales is now operational

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AC ENERGY Corp.'s 63-megawatt (MW) GigaSol Palauig solar farm in Zambales has started commercial operations, making it the first of five new plants that the Ayala-led group plans to...

Global Resorts had a net loss of $27 million

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GLOBAL-ESTATE Resorts, Inc. (GERI) finished the year with a net attributable profit of P1.09 billion, a 27 percent decrease from P1.49 billion the previous year, owing to a fall...

San Miguel intends to issue fixed-rate bonds worth P50 billion

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SAN MIGUEL Corp. said in a filing to the stock exchange on Monday that it had submitted the preliminary prospectus and registration statement with the Securities and Exchange Commission...

Meralco’s first quarter-quarter operating profits declined 11%

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MANILA, Philippines – MANILA Electric Co. (Meralco) reported consolidated core net income of P5.11 billion in the first quarter, down 11% year on year, due to a decline in...

Prime media are searching for media partners; TV companies

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Prime Media Holdings, Inc., a publicly traded company, declared its intention to join the broadcasting industry by delivering locally generated entertainment material on Friday. “Following the...

Ayala Corp. to strengthen core companies and consider fundraising

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Ayala Corp., a publicly traded conglomerate, announced plans to concentrate on transforming current companies, taking a “highly focused approach” to capital management, and pursuing funding activities for potential projects.

Filinvest Land reveals initiatives for development

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This year, Filinvest Land, Inc. (FLI) plans to explore new opportunities such as joining the real estate investment trust (REIT) industry, logistics and e-commerce warehouses, and building co-living spaces.

Kip & Kin brand to be launched by Discovery Hospitality in Palawan and Siargao

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Discovery Hospitality Corp. (DHC), a property management company owned by DISCOVERY World Corp., has confirmed the development of Kip & Kin, a lifestyle and “millennial-focused” brand, as well as...

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