The state-owned United Coconut Planters Bank (UCPB) allegedly lost P167 million to hackers who were able to access the bank’s core system in the midst of an online security upgrade, according to reports. The hackers… Read More »Hackers hit UCPB with P167M Cyber heist
San Miguel Corp. (SMC) said it will be hiring local residents of Bulacan and its nearby provinces, as well as returning overseas Filipino workers (OFWs) for the construction of the New Manila International Airport, SMC… Read More »San Miguel Corp hiring locals for Bulacan International Airport
Property developer DMCI Homes is looking to maximize its largest estate located in Taguig City to help the company weather the challenges of the Coronaconomy. DMCI Homes President Alfredo Austria said the company is thinking… Read More »DMCI bullish with Property Market
The most frequently asked questions about the stock market answered “When is the best time to Buy and Sell Stocks?”. This question probably belongs in the top 5 questions investors asked when they start their… Read More »When is the best time to Buy and Sell Stocks?
Metro Manila’s electric power distribution company Manila Electric Co. (Meralco) said on Monday that it would shoulder a portion of the electricity bills paid for by its poor customers as a form of aid and… Read More »Meralco offers P101-M aid to customers
Ayala-led energy firm AC Energy Philippines, Inc. is investing in more renewable energy projects in the Philippines as it sets to build two solar farms with a consolidated capacity of 150 megawatts (MW) in Central… Read More »AC Energy to build solar plants in Pampanga, Zambales
The Philippine’s oldest conglomerate Ayala Corporation, reported a 79 percent fall in net income to P7.9 billion in the first half of the year to lower earnings of its banking and property units. The conglomerated… Read More »Ayala Corp H1 income -79% to P7.9 B.
Media giant GMA Network Inc. is buying back all the Philippine Deposit Receipts (PDRs) it had sold to foreigners to defend their investments after lawmakers voted not to renew the franchise of the rival media… Read More »GMA7 PDR buyback
Jefferies Hong Kong Limited today announced that it has established a co-brand agreement with Regis Partners Inc. (formerly Deutsche Regis Partners Inc.), one of the largest equity brokerage houses in the Philippine Stock Exchange (PSE).… Read More »Jefferies co-brand agreement with Regis Partners
A 200-day delay in the processing of permits for the construction of cell towers for telecommunication companies is “unacceptable”, Shorten the process for telco towers, President Rodrigo Duterte said late Monday night. A total of… Read More »Pres. Shorten the process for telco towers