Cirtek gets PEZA nod to set up e-motorcycle assembly

CIRTEK Holdings Philippines Corp. on Thursday said the Philippine Economic Zone Authority (PEZA) has approved the application of its unit to set up an...

Zoho: More Philippine firms to use AI for growth

ZOHO Corp. expects more companies in the Philippines to use artificial intelligence (AI)-powered customer service to streamline their operations. “Generative AI can be used to...

On-site work to drive Philippine office space growth — JLL

THE continued expansion of multinational companies in the Philippines is expected to drive office market growth, JLL Philippines said. “Tenants are expanding in the Philippines,”...

Megaworld breaks ground for Palawan condo project

TAN-LED Megaworld Corp. broke ground for its first residential condominium project in San Vicente, Palawan. In a statement on Thursday, the property developer said its...

Metro Retail breaks ground for Dalaguete, Cebu branch

LISTED Metro Retail Stores Group, Inc. said it held groundbreaking ceremonies for a Metro Supermarket branch in Dalaguete town, Cebu as part of its...

How PSEi member stocks performed — January 4, 2024

Here’s a quick glance at how PSEi stocks fared on Thursday, January 4, 2024.

Airlines may sustain growth amid travel pickup

AIRLINE companies in the Philippines are expected to sustain their gains this year as airport investments including the rehabilitation of the country’s major gateway drive investor sentiment, analysts said.

Maynilad to build P2.8-B reservoirs in 3 cities

MAYNILAD Water Services, Inc. on Wednesday said it would build four reservoirs worth P2.8 billion that will add 211 million liters (ML) of water to its storage capacity by 2026.

Axelum opens hospital in Northern Mindanao

LISTED coconut product maker Axelum Resources Corp. has branched out into healthcare by opening its first hospital in Misamis Oriental. The listed Philippine company launched...

ACEN completes purchase of Indonesia wind projects

AYALA-LED ACEN Corp. said its unit has completed the acquisition of three late-stage wind projects from Indonesia-based Barito Renewables, Inc. In a stock exchange disclosure...

PLDT unit expands digital services for Pinoys abroad

PLDT, Inc. on Wednesday said its international retail arm is expanding its digital services through a one-stop shop platform that offers online shopping and...

House of Investments unit buys Tarlac property for P2.7B

A UNIT of Yuchengco-led House of Investments (HI) has bought a 184-hectare property in Tarlac province in northern Philippines as part of efforts to...