AREIT posts strong growth, announces new acquisition
AREIT Inc., the listed real estate investment trust of the Ayala Group, delivered a robust financial performance for 2024, posting total revenue of P10.3 billion, a 44 percent increase from 2023.
Keppel requests trading suspension amid delisting move
Keppel Philippine Holdings Inc. on Friday sought the suspension of trading for its common shares on the Philippine Stock Exchange (PSE) following the approval of its board of a tender offer aimed at the company’s eventual delisting.
Aboitiz Power to decommission Naga power plants in Cebu
Aboitiz Power Corp. said it will decommission at the end of March its 44.640 megaWatt Naga oil-fired power plant and its 0.440 MW Black Start diesel engine generating unit in Naga City, Cebu.
Gilas Pilipinas suffers 1st loss in FIBA Asia Cup Qualifiers
Gilas Pilipinas suffered its first defeat in the FIBA Asia Cup Qualifiers, falling to a revamped Chinese Taipei squad, 84-91, on Thursday night at the Taipei Heping Basketball Gymnasium.
BOC seizes P900M worth of luxury cars in Taguig warehouse
The Bureau of Customs (BOC) has seized an estimated P900 million worth of high-end luxury cars in Taguig City, highlighting the ongoing battle against smuggling and its tax implications for both the government and businesses. The seizure on Wednesday, the BOC’s third operation this year, took place at a warehouse in Brgy. Ususan along Levi Mariano Ave.
