Corporate
Stockbrokers rule out SM unit, Prime Infra IPO this year
Investors can reasonably expect capital-raising activities from five or six companies going public this year but none of them present the kind of excitement seen generated by the planned initial public offering of SM Group’s real estate investment trust (REIT) unit and Enrique Razon’s Prime Infrastructure Inc., stockbroker Abacus Securities Corp. said.
PSE supports Recto as new DOF Secretary
The Philippine Stock Exchange said it supports the appointment of former Senator Ralph G. Recto secretary of the Department of Finance.
Aboitiz-led Apo Agua supplies water to Davao City Water District
Apo Agua Infrastructura, Inc. (Apo Agua), a water subsidiary of Aboitiz InfraCapital (AIC), now supplies the Davao City Water District (DCWD with safe, reliable, and sustainable water to ).
Grab Ph notes rapid rise in online food, groceries orders
The number of Filipinos ordering food and groceries online is rapidly rising, according to Grab's Southeast Asia (SEA) Food and Grocery Trends 2023 report.
Xurpas confident XAIL unit can help Philippines catch up in AI revolution
Listed technology firm Xurpas Inc. said Friday its aritificial intelligence and data science unit Xurpas AI Lab, or XAIL which was launched last year, is ready to help Philippine business catch up with their counterparts in the Asia-Pacific region through AI.
