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01/31/2024

https://www.bworldonline.com/corporate/2024/01/30/572003/abs-cbn-says-sky-starts-shift-to-dedicated-internet-provider/

ABS-CBN Corp. said its subsidiary Sky Cable is embarking on its transition to becoming a dedicated internet service provider following its acquisition by Pangilinan-led PLDT Inc. In a stock exchange disclosure on Monday, ABS-CBN said Sky will have its final broadcast on Feb. 26 and will discontinue....

01/31/2024

https://mb.com.ph/2024/1/31/pcc-approves-1-8-b-coke-ph-sale-to-aboitiz-partner

The $1.8 billion acquisition of Coca-Cola Beverages Philippines Inc. (CCBPI) by Aboitiz Equity Ventures Inc. (AEV) and Coca-Cola Europacific Partners Plc (CCEP) takes a further step towards completion after getting the green light from the Philippine Competition Commission (PCC).

07/20/2023

https://www.bworldonline.com/banking-finance/2023/07/21/535190/bpi-posts-higher-income-in-q2/

BANK of the Philippine Islands (BPI) saw its net income rise by 4.5% year on year in the second quarter amid an increase in revenues. The lender’s second-quarter income stood at P13 billion, BPI said in a disclosure to the local bourse on Thursday. The modest year-on-year increase came amid a one-...

07/20/2023

https://www.bworldonline.com/corporate/2023/07/21/535267/7-eleven-operator-allots-up-to-p4b-for-expansion/

7-ELEVEN operator Philippine Seven Corp. has allotted P3.5 billion to P4 billion for this year’s capital spending budget to support its store expansion. “We opened about 150 stores so far this year out of [the] 400 new stores target,” Philippine Seven Head of Finance and Investor Relations Law...

07/20/2023

https://mb.com.ph/2023/7/18/megaworld-building-p1-5-b-mactan-convention-center

Township developer Megaworld Corporation is building a P1.5 billion, two-level standalone convention center inside its 30-hectare The Mactan Newtown in Lapu-Lapu City, Cebu.

07/20/2023

https://newsinfo.inquirer.net/1802684/bongbong-marcos-signs-maharlika-investment-fund-into-law

MANILA, Philippines — President Ferdinand "Bongbong" Marcos Jr. on Tuesday signed the controversial Maharlika Investment Fund (MIF) bill into law. The President signed the bill at

07/20/2023

https://newsinfo.inquirer.net/1795244/2-dole-p40-minimum-wage-hike-granted-for-private-sector-workers-in-metro-manila

MANILA, Philippines — The wage board in Metro Manila has approved a P40 minimum wage increase for workers in private establishments, the Department of Labor and Employment (DOLE) announced

07/20/2023

https://business.inquirer.net/410000/anchor-brewing-halting-operations-after-127-years

SAN FRANCISCO — San Francisco’s 127-year-old Anchor Brewing Co. will shut down after years of declining sales, citing tough economic conditions. “We recognize the importance and

07/20/2023

https://business.inquirer.net/411023/emperador-subsidiary-to-expand-scotland-distillery

MANILA -Billionaire Andrew Tan’s Emperador Inc. is ramping up whisky production at the Scotland distillery of subsidiary Whyte and Mackay in line with plans to grow its international

07/20/2023

https://business.inquirer.net/411034/ph-resorts-group-eyes-sale-of-assets

MANILA -Davao-based tycoon Dennis A. Uy’s PH Resorts Group Holdings divulged plans to sell certain assets as it struggles to get its casino projects off the ground. In a stock exchange filing

07/20/2023

https://business.inquirer.net/411062/boring-psei-bound-for-a-rally

MANILA -Fueled by positive economic fundamentals, Philippine stocks could finally break free from a humdrum trading toward the end of 2023 and shatter the elusive 7,300 to 7,500 levels, according to

07/20/2023

https://www.bworldonline.com/top-stories/2023/07/20/535009/neda-board-approves-naia-upgrade/

THE NATIONAL Economic and Development Authority (NEDA) Board on Wednesday approved three new infrastructure projects, including the P170.6-billion public-private partnership (PPP) project to upgrade the aging Ninoy Aquino International Airport (NAIA).

07/20/2023

https://www.bworldonline.com/corporate/2023/07/19/534761/aev-seeks-sec-nod-for-p17-45-billion-retail-bond-offer/

ABOITIZ Equity Ventures, Inc. (AEV) is seeking regulatory approval for the issuance of P17.45 billion worth of fixed-rate retail bonds, which it plans to offer in the third quarter of the year. In a stock exchange filing, the company said it had filed an application with the Securities and Exchange....

07/20/2023

https://www.bworldonline.com/corporate/2023/07/20/535041/united-airlines-readies-direct-manila-san-francisco-flights/

UNITED Airlines will be flying a daily service from Manila to San Francisco starting Oct. 30 eastbound, the US carrier said on Wednesday. Although still subject to government approval, the new flight will be United Airlines’ first trans-Pacific service from Manila since it started its Manila opera...

07/20/2023

https://www.bworldonline.com/corporate/2023/07/20/535038/lrmc-to-deploy-fourth-generation-train-set-for-lrt-line-1-by-july-20/

LIGHT RAIL TRANSIT Line 1 (LRT-1) private operator Light Rail Manila Corp. (LRMC) is set to deploy the initial fourth-generation train set by July 20. “LRMC has remained steadfast in upgrading the commuter experience and committed to our mission of delivering safe and efficient transport since we ...

06/28/2023

https://www.philstar.com/business/2023/06/25/2276294/dito-enters-postpaid-segment

Dennis Uy’s Dito Telecommunity Corp. has launched a number of mobile plans made affordable to reach even the low-income segment as it forayed into the postpaid competition.

06/28/2023

https://www.philstar.com/business/2023/06/27/2276734/pnb-selling-14-stake-holding-firm-private-placement

ppine National Bank is putting up for sale a minority interest in its holding company that invests, develops and sells assets comprised mainly of prime real estate properties.

06/28/2023

https://www.philstar.com/headlines/2023/06/26/2276726/lawmaker-seeks-suspension-cebu-pacifics-franchise-over-flight-woes

Cagayan de Oro's representative in Congress has filed a resolution seeking to suspend the franchise of budget carrier Cebu Pacific.

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