Corporate
PLDT board appoints former TV network head as SVP/COO
PLDT Inc. has appointed Menardo G. Jimenez, Jr. as executive vice president and chief operating officer effective September 17, 2024.
SEC reports significant progress vs corporate abuses
The Philippines has made significant progress in implementing beneficial ownership policies that prevent the misuse of corporate vehicles for illegal activities.
Phoenix selling non-core assets to streamline operations
Phoenix Petroleum Philippines Inc. on Tuesday said its plan to sell non-performing and non-core assets is meant to streamline operations and not a prelude to a divestment by its major shareholder, Davao-based businessman Dennis Uy.
Analysts see stronger second half for SM
SM Investments Corp. is seen to benefit from a stronger second half, a traditionally better season for the retail business.
Manila Water secures MWSS nod for implementation foreign currency differential adjustment
Manila Water Co. Inc., one of two water concessionaires in Metro Manila, said Monday it secured the approval of the Metropolitan Waterworks and Sewerage System for a foreign currency adjustment that will increase water tariff by 2 percent starting 1 October.As a result, Manila Water said, customers of the water concessionaire controlled by billionaire Enrique Razon Jr. will see an increase in their water bills due to a Foreign Currency Differential Adjustment.
