Corporate
Ayala Health acquires control of Mercado Hospital
The Ayala Healthcare Holdings Inc. has increased its shareholding in Healthway QualiMed Health Network or the Mercado General Hospital Inc. to 94 percent, signifying its commitment to investing in healthcare in the Philippines.
SEC approves Angeles Electric direct share sale
The Securities and Exchange Commission has approved a direct sale of Angeles Electric Corp. shares whose proceeds could hit as much as P708 million.
EEI to diversify into civil works projects in Saudi Arabia
Construction firm EEI Corp. is diversifying into civil works in Saudi Arabia where it is constructing a gigantic city called Neom.
GSIS caps 2023 with 80B in income, up by 117% from 2022
The Government Service Insurance System (GSIS) reported net income of P80 billion for the first 10 months of the year, an increase of 117 percent from P37 billion in the same period last year.
DNL sanguine of 2024 prospects despite challenges
Chemical manufacturer D and L Industries Inc. expects 2024 to remain a challenging year but optimistic the environment to be better, with more stable interest rates and raw material costs.
