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Philippines
Saturday, October 12, 2024

Jenniffer B. Austria

Meralco announces lower rates in October

Consumers of Manila Electric Co. (Meralco) will enjoy lower rates of P0.3587 per kilowatt-hour in their electricity bill in October on reduced generation charges. This...

MREIT gets nod for P13-b property-for-share swap

MREIT Inc., the real estate investment trust (REIT) company of Megaworld Corp., received the Securities and Exchange Commission’s (SEC) approval to acquire six office...

PH stocks plunge as US inflation picked up in September

Philippine stocks plunged by more than 100 points Friday as sentiment turned negative after Wall Street posted losses overnight. The 30-company Philippine Stock Exchange index ended...

SEC approves P13.15-billion MREIT, Megaworld property swap

MREIT Inc., the real estate investment trust (REIT) company of Megaworld Corp., received the Securities and Exchange Commission’s (SEC) approval to acquire six prime...

PH stocks, peso fall ahead of US inflation report

Philippine stocks declined for the third straight trading day ahead of the release of US September inflation report. The 30-company Philippine Stock Exchange index slipped...

SPNEC subscribes to more shares in Terra Solar, Terra Nueva for P8.9b

SP New Energy Corp. (SPNEC) said Thursday it is subscribing more shares in subsidiaries Terra Solar Philippines Inc. (TSPI) and Terra Nueva, Inc. (TNI)...

Aboitiz, Yuchengo groups form joint venture for industrial estate

The Aboitiz and Yuchengco groups formed a partnership to develop and expand an industrial estate in Central Luzon. Aboitiz Equity Ventures Inc. (AEV) said in...

SEC approves P3.16-b IPO of Top Line

The Securities and Exchange Commission (SEC) approved the initial public offering (IPO) of Top Line Business Development Corp., allowing the company to raise up...

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