Corporate
Stock transactions seen surging seven-fold following Capital Market Efficiency Act
The Philippine stock market is poised for a significant boom, with transactions expected to increase by seven times once the Capital Market Efficiency Promotion Act (CMEPA) is signed into law, according to Frederick Go, Special Assistant to the President for Investment and Economic Affairs Secretary.
Global Ferronickel reports 59.5% profit decline in 2024
Global Ferronickel Holdings Inc. (FNI) has reported a significant 59.5 percent drop in net income for 2024, reaching P733.78 million, down from P1.8 billion in 2023.
EEI announces management buyout deal
EEI Corp., a leading construction firm with a 93-year legacy, has announced a management buyout led by its president and chief executive officer, Henry D. Antonio.
SteelAsia mill rated among world’s greenest
SteelAsia’s plant in Calaca, Batangas has been certified as one of the greenest in the world in an independent report by DNV (Det Norske Veritas), a leading global assessment and certifying organization.
VITRO Inc, Nokia forge AI-driven data center alliance
VITRO Inc., the data center arm of PLDT Inc. in the Philippines, has entered into a strategic partnership with global telecommunications leader Nokia to develop AI-ready data center solutions aimed at bolstering network security, scalability, and operational efficiency.
