
PSE takes PDS control via P2.32-B shares deal
At an acquisition price of P600 per share, PSE will be purchasing a total of 3.87 million PDS shares for P2.32 billion. The transaction cost was based on the…
· 2 min read
Topic

At an acquisition price of P600 per share, PSE will be purchasing a total of 3.87 million PDS shares for P2.32 billion. The transaction cost was based on the…
· 2 min read
Despite economic headwinds being faced by the country, such as peso volatility and ever-fluctuating inflation, the Sy Family-led SM Group said they remain…
· 2 min read

The local bourse and the currency ended trading in positive territory on the eve of Christmas holidays.
· 1 min read

The Asian Development Bank (ADB), HSBC and Security Bank Capital Investment Corp. lent early this month to Asialink Finance Corporation $115 million to fund…
· 1 min read

‘We take great pride in now operating fully on renewable power, some of which is own-produced, but mostly through this partnership’
· 2 min read

CoA advised PhilHealth’s management to assess whether there is substantial doubt about a company’s ability to continue as a going concern and disclose any…
· 3 min read

Since the enactment of the Sin Tax Law in 2012, PhilHealth has amassed an incredible amount in excess funds. Every year, it generates an estimated P50 billion…
· 3 min read

Measures taken include expanded staffing, improved terminal operations and strengthened security protocols to effectively handle the increased passenger volume.
· 2 min read

Herbosa pointed to a widespread misunderstanding of the fundamental difference between a pension fund and health insurance, which he said had led to…
· 2 min read

SM Hotels & Conventions Corp. (SMHCC) ends 2024 with an attitude of gratitude in the presence of all its properties’ general managers together with SMHCC…
· 1 min read

The gleaming holiday season holds a different meaning for Conrad Manila.
· 3 min read
ALLHC has recently completed the first phase of ALogis Mabalacat, a 7,700-sqm warehouse, with construction already underway for the second phase, which will…
· 2 min read

The first drawdown amounting to P1.6 billion was made available last November.
· 1 min read

ALTER remitted P117.93 million, its first dividend to GSIS, a year after the latter made a P1.45-billion equity investment to support the company’s renewable…
· 1 min read

Ayala Corp. has secured a €50 million, or about P3.1 billion, social loan with European banking leader ING to support AC Health’s portfolio expansion.
· 1 min read

Health Secretary Teodoro Herbosa, along with members of the Philippine Health Insurance Corp. (PhilHealth) board, on Monday approved a P284-billion corporate…
· 2 min read

ST Telemedia Global Data Centres (STT GDC) Philippines, a joint venture among Globe Telecom Inc., Ayala Corp. and Singapore-based STT GDC, is advancing in the…
· 2 min read

Of its total current portfolio, 45 percent consists of operational assets, 34 percent are projects under construction, and the remainder are board-approved,…
· 2 min read

