Companies

By Riza Lozada All Toys “R” Us stores in the Philippines are operating “business as usual” and continue to offer a wide assortment of toys and merchandise for kids.

Renewable energy firm Solar Philippines became the first Filipino company to win Power Company of the Year at the Asian Power Awards, the region’s most prestigious awards known as “the Oscars of the power industry”.

Businessman Manuel V. Pangilinan-led Metro Pacific Investments Corp (MPIC) will likely be granted the original proponent status for the takeover and rehabilitation of the Metro Rail Transit (MRT) Line 3, Transportation Secretary Arthur Tugade said.

Listed building solutions provider Holcim Philippines Inc. recently shared their products that can help the government better execute its road infrastructure program, a key thrust of the national infrastructure upgrade particularly in Mindanao, during the 2017 Philconstruct in Davao.

By Riza Lozada  The Philippine Stock Exchange index (PSEi) composed of 30 blue chips will not see any changes based on the review covering the trading period from July 2016 to June 2017, the PSE said. 

Finance Secretary Carlos Dominguez III is amenable to any amendment of the Real Estate Investment Trust (REIT) if there is an assurance that money allocated for this purpose will be used for domestic activities. 

The Board of Investments (BOI), the industry and investment promotion arm of the Department of Trade & Industry (DTI), has pursued its campaign to raise the awareness level of its stakeholders on the latest government investment policies, regulations, and procedures as it conducts the third BOI Investment Awareness Seminar To Strengthen The Investors and Stakeholders (BOI ASSIST) recently at the …

Listed Chelsea Logistics Holdings Corp. (CLC) expressed its support to regulator Maritime Industry Authority’s (MARINA) Circular 2017-04 or the Rules on Importation of Passenger Ships, which was issued by the MARINA Board last July 13 that seeks to assure the seaworthiness of local vessels. 

By Riza Lozada Listed domestic liner operator Chelsea Logistics Holdings Corp. (CLC) sailed through the first half of the year with a 93-percent surge in earnings, as it realized the full benefit of deploying vessels acquired in late 2016 and those previously drydocked as well as recognized its share in the earnings of 2GO Group, Inc. 

Major telecommunications firm Globe Telecom has expanded so-called Long Term Evolution (LTE) to the Visayas and Mindanao regions as it aims to improve its network coverage.