DITO raises P3.3B via shares sale; Udenna unloads 500M DITO shares
DITO CME Holdings Inc. said Monday it raised P3.3 billion from the private placement new shares with Summit Telco Holdings Corp., a Philippine-registered company wholly-owned by Singapore-headquartered Summit Telco Corp Pte Ltd, an existing shareholder of the listed telecommunications venture of Davao-based businessman Dennis Uy.ok
Iloilo seeks prompt DOTr approval of port project under PPP
Local government officials anticipate a prompt national government approval of the proposed Iloilo City International Port project pursued by the International Container Terminal Services Inc. (ICTSI).
MORE Power looks to expand service beyond Iloilo City
More Electric and Power Corp. (MORE Power) is keen on expanding its electricity distribution business in Iloilo province as customers in nearby municipalities and cities clamor for its services.
SEC bares recalcitrant corporations list for the nth time
The Securities and Exchange Commission has released a list of 22,403 corporation that to this day obstinately refuse to submit a simple piece of paper regulators call the general information sheet or GIS.
Ship owners throw support behind Transport chief Bautista
The Philippine Coastwise Shipping Association Inc. (PCSA), the country's largest organization of shipowners and ship operators, has thrown its support behind Department of Transportation Secretary Jaime J. Bautista and has denounced the allegations of corruption against the official.
