- SEC says GOCC listing push in initial phase
THE Securities and Exchange Commission (SEC) has started work on a plan to bring government-owned and -controlled corporations (GOCCs) to the stock market after securing approval from the Department of Finance, with the goal of deepening investor participation and boosting the capital market, its chairman said.
- Ayala Land shares rise on MSCI rebalancing, foreign inflows
AYALA LAND, INC.’S (ALI) share price rose last week after the Morgan Stanley Capital International (MSCI) rebalancing, a huge volume of net foreign inflows, and anticipation of interest rate cuts. The property developer was the third most actively traded issue last week, with a total of 96.98 million shares worth P2.76 billion changing hands from
- Lockheed Martin projects P50-billion impact, 2,000 jobs from PHL package
LOCKHEED MARTIN CORP., an American manufacturer of defense and aerospace equipment, said it expects to generate P50 billion in economic value from its investments in the Philippines, which include the establishment of repair facilities and knowledge transfer to support the country’s defense industry and workforce development.
- AirAsia Philippines expands Cebu operations with new services
AIRASIA PHILIPPINES is set to operate five new services from Cebu to further expand its hub and capture demand during the peak holiday season, the low-cost carrier said. Starting Nov. 15, AirAsia Philippines will operate flights from Cebu to Iloilo, Caticlan, and Davao, while also offering services between Cebu and Kuala Lumpur and Macau. “We
- PHL businesses need structured data, clear governance policies to adopt AI — Hitachi Vantara
PHILIPPINE enterprises need to reduce unnecessary data and strengthen their artificial intelligence (AI) governance policies to generate significant value from their AI-related investments, according to data management and storage firm Hitachi Vantara. “Companies in Asia are already hiring AI-relevant talent at higher-than-global rates and engaging external experts to accelerate outcomes. For Philippine enterprises, focusing on
- ERC approves Meralco, First Gen power supply deal extension until 2026
THE ENERGY Regulatory Commission (ERC) has approved the request of Manila Electric Co. (Meralco) and a unit of First Gen Corp. to continue procuring power supply from a 1,000-megawatt (MW) gas-fired power plant in Batangas until Jan. 31, 2026. In an order dated Aug. 27, the ERC authorized the implementation of the interim extension of
- How PSEi member stocks performed — August 29, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, August 29, 2025.
- ACEN readies 2 GW of solar, wind farms in Australia
SYDNEY, Australia — ACEN Australia is planning to expand its presence here by developing more than 2 gigawatts direct current (GWdc) of renewable energy (RE) projects over the next three years. Speaking to reporters, ACEN Executive Chairman Jose Maria Zabaleta said the company is building “a strong and diverse portfolio” spanning wind, solar, pumped hydro,
- DITO: Konektadong Pinoy IRR should not kill law’s purpose
DITO TELECOMMUNITY Corp. said it wants to play a role in crafting the implementing rules and regulations (IRR) of the Konektadong Pinoy Act, particularly on data security and privacy, warning that poorly designed rules could “kill the purpose of the law.” “That is where we can come in, in terms of security and data privacy…
- More Cebu Pacific domestic flights moving to Clark; Naga, San Jose up first
BUDGET CARRIER Cebu Pacific will transfer more of its domestic flights to Clark International Airport in October, starting with its Naga (Camarines Sur) and San Jose (Mindoro) routes. In a media release on Thursday, Cebu Pacific said its regional brand Cebgo will shift the Naga and San Jose routes from Manila to Clark beginning Oct.