Corporate
Century Pacific investing more in renewable energy
Tuna canner Century Pacific Food Inc. on Tuesday bared investing more in the renewable energy space with the expansion of its solar photovoltaic facilities and the commissioning of new biomass boilers in General Santos City.
Balai ni Fruitas raises budget for commissary construction to P110 million
Balai ni Fruitas Inc. said Monday its board approved the re-allocation of part of the proceeds from its initial public offering to avoid incurring additional loans to build its commissary.
ICTSI fully divests from Indonesia-listed unit PT ICTSI Jasa Prima
International Container Terminal Services Inc., the global port operations of tycoon Enrique Razon Jr., said Monday it fully divested from its Indonesia-listed subsidiary PT ICTSI Jasa Prima Tbk for USD2 million.
Monde projects 2023 core net income to rise “by mid-teens”
Monde Nissin Corp., manufacturer of the Philippines’ market leading Lucky Me! instant noodles, on Monday projected its core net income growing “by mid-teens” in 2023 as sales likely rose in the “high single-digit” on the back of strong growth in the Asia-Pacific branded food and beverage business, offsetting the decline in meat alternative gross margin.
PCC green lights PLDT’s Sky Cable purchase for P6.75 billion
The Philippine Competition Commission (PCC) has approved the sale of Sky Cable Corp.'s broadband business and related assets to PLDT Inc.
