Corporate
Manila Water pouring P37.3B in a three-river wastewater treatment masterplan
Manila Water Co. Inc. is investing P37.3-billion in a three-river system wastewater masterplan designed to rehabilitate and protect natural waterways while providing its customers with the best sanitation and sewerage services.
Money-making fraudsters make it to SEC notorious list
In a series of public advisories, the SEC warned against investing in Flipkart Platform, PPG Investment Group/Conamor Shop, Livewell Multiventures, Blackrock and Perfx Solutions Corp. and Trading Basket and Trading Philippines.
Cebu Pacific plans P42B capex in 2023, eyes return to profitability
Cebu Air Inc., which owns the country’s largest budget carrier Cebu Pacific, told the Philippine Stock Exchange on Thursday it has budgeted P42 billion as capital expenditures this year, most of which will fund aircraft purchases.
Chemphil to be renamed Uniholdings, plans follow-on offer
Chemical Industries of the Philippines (Chemphil) said Thursday its board approved the plan to change its name to Uniholdings Inc.
Monde Nissin takes 15% of Figaro Coffee for P820.3M
Food giant Monde Nissin Corp. said Thursday it will acquire a 15 precent stake in Figaro Coffee Group Inc. for P820.3 million, equivalent to a price of P1 a share, a premium to the current market price of P0.89.
