Home / Business / Companies (page 20)

Companies

HK execs to converge in Manila for Asia meet

The Philippines will host the 14th Asia Forum of Hong Kong Business Associations (HKBAs) this year, Hong Kong Chamber and Commerce of the Philippines, Inc. (HKCCPI) President Anthony Chan said. 

Read More »

PAL at 75 eyes five-star status

Flag carrier Philippine Airlines (PAL) marked its 75th anniversary last year by unveiling a new marketing campaign called Heart of the Filipino and along with it a goal of becoming a five-star airline within five years. 

Read More »

AP Corp. ramps up power plant stakes

By Riza Lozada Aboitiz Power Corp. (AP Corp.) has acquired a majority stake in GNPower Mariveles Coal Plant Ltd. Co. (GNPower – Mariveles) and a minority interest in GNPower Dinginin Ltd. Co. (GNPower – Dinginin), the company reported to the bourse.

Read More »

PHA raises stake in Palawan development

Listed Premiere Horizon Alliance Corp. (PHA) has completed a 15-percent equity placement with strategic investors in West Palawan Premiere (WPP) development worth P800 million covering its current Palawan landholdings hiking PHA’s stake in WPP to 85 percent. WPP is the mountain and beach side lifestyle community development of PHA in Puerto Princesa City covering 576 hectares. “The full implementation of …

Read More »

BDO seeks to raise P60B to meet higher capital rule

By Riza Lozada BDO Unibank Inc. (BDO) seeks to raise up to P60 billion in additional core capital through a stock rights offer to finance the bank’s medium-term growth plans and provide a buffer on higher capital requirements imposed by the Bangko Sentral ng Pilipinas (BSP).

Read More »

Shakey’s eyes 20 stores in 2017 expansion binge

Pizza chain Shakey’s Pizza Asia Ventures Inc. (Spavi), which is seeking to raise P3.96 billion through an initial public offer (IPO), targets to put up 20 new stores next year, as it embarks on an ambitious expansion plan.

Read More »

Shell on track with P624-M upgrade of Tabangao plant

Pilipinas Shell Petroleum Corp (PSPC) will pursue its $13-mil­lion (P624-million) upgrade of the Tabangao Refinery to pro­duce bitumen.

Read More »

Jollibee opens 1st Canada store in NorthAm expansion

Last Dec. 15, Jollibee opened its first store in Winnipeg, Canada, home to over 70,000 Filipinos. The pioneer location was chosen as Winnipeg is home for several Filipinos with Ta­galog being the second-most common language spoken. In typical Jollibee fashion, the store was welcomed by long queues with people lining up as early as 10:30 PM the night before the …

Read More »

PSE unveils rules for trades in dollar

By Riza Lozada The Philippine Stock Exchange Inc. (PSE) has released the rules for Dollar De­nominated Securities (DDS) that provides the framework and guidelines for the listing, trading and clearing and set­tlement of dollar-denominated shares.

Read More »

FMETF earmarks P1B more for bourse trading

First Metro Philippine Exchange Trade Fund Inc. (FMETF) will re­lease an additional P1 billion in Exchange-Traded-Fund (ETF), company executives said.

Read More »