Companies

By
0

Baiyin mulls investing up to $700M in PH stainless steel plant AS part of the effort to boost economic collaboration between Manila and Beijing, the Philippines’ second largest nickel producer on Friday signed a long-term strategic partnership agreement with China state-owned enterprise Baiyin Nonferrous Group Co., Ltd. The signing of…

By
0

ALT board approves buyout plan of Philab for P500M PHILAB Industries Inc. is firming up its backdoor listing on the Philippine Stock Exchange (PSE) via the publicly listed Alterra Capital Partners Inc. (ALT) in a P500 million buyout plan. In a disclosure to the PSE, ALT said its board of…

By
1

The Securities and Exchange Commission (SEC) has sanctioned Liberty Telecoms Holdings Inc. with a P346,000 penalty for not disclosing the transfer of radio frequencies to another company. The commission noted such transfer could have been detrimental to pricing of Liberty’s mandatory tender offer of shares. It was only in August…

By
0

Boulevard Holdings Inc. narrowed losses after the resort developer posted higher sales, it said in a statement to the stock exchange. Net losses plunged to P168,160 in the first quarter of its fiscal year ending on May 31, down from P3 million a year ago. Room revenues jumped by 55…

By
0

After it was acquired by Lenovo, Motorola Mobility is making a comeback in the Philippine market as Moto, with a new portfolio of smartphones. “We’re officially announcing the return of Moto in the Philippines,” Lenovo Mobile Business Group country manager Dino Romano said in a briefing at the City of…

By
0

Increasing investments to continuously improve internet services in the country, Globe Telecom signed several agreements involving its technology partners Huawei Technologies, Nokia and Wuhan Fiberhome International Technologies amounting to $750 million over a period of 5 years to accelerate use of new LTE technologies to enhance its data services and…

By
0

The $13.5 billion worth of deals signed between the Philippines and China during the state visit of President Rodrigo Duterte will generate some two million jobs, the country’s trade chief said. “The $13.5 billion investment agreements would translate to an expected two million jobs in the next five years,” Department…

By
0

Branded labels drive bottom line higher RFM Corp. saw its net income increased by 9 percent in the first nine months of the year on the back of higher sales of its branded ice cream, pasta and milk products. In a disclosure to the Philippine Stock Exchange on Tuesday, RFM…

By
0

Ayala Land Inc. (ALI) is looking to issue at least P5 billion worth of commercial papers next year in line with its capital expenditure funding, a company official said. “One other series that we haven’t tapped into yet is the commercial paper. We may have the commercial paper series next…

1 133 134 135 136 137 145