Corporate

Shares of biotechnology company Moderna Inc., which are listed on the NASDAQ, continued to struggle on declining demand for its COVID-19 vaccine, which drove its revenue in 2021 and 2022 and helped propel it to prominence during the pandemic.

The Parañaque Integrated Terminal Exchange (PITX) has launched an electric shuttle service in collaboration with GET Philippines, Inc. for a sustainable and convenient transport option for commuters traveling between PITX and the SM Mall of Asia (MOA) complex.

The Victoria International Container Terminal (VICT) at the Port of Melbourne onThursday announced the acquisition of four hybrid automatic container carriers (ACCs) from Kalmar, marking a significant step in its ongoing expansion and sustainability efforts. Operated by International Container Terminal Services, Inc. (ICTSI), VICT’s investment in these advanced carriers underscores its commitment to improving capacity while reducing environmental impact.

Pacific Online Systems Corp., a listed developer and manager of online computer systems, terminals, and software for the Philippine lottery industry, has entered into an investment agreement with software provider HHR Philippines Inc. (HHRPI) to acquire a 37.5 percent stake in the company.

D.M. Wenceslao & Associates, Inc. (DMW) has secured a prestigious position in the 91st percentile of the S&P Global Corporate Sustainability Assessment (CSA) for the real estate sector, placing the Philippine Stock Exchange-listed company among the top 9 percent of real estate firms globally.