Corporate
Aboitiz Power moves to buy back shares; to use internal funds
Aboitiz Power Corp. said Wednesday its board approved a plan for the energy firm to buy back its own shares using internally-generated excess cash.
PAL fills executive posts to boost management
PAL Holdings Inc., which operates flag carrier Philippine Airlines, has filled key executive positions in a move to build a structure that strengthens the airline’s leadership team.
ACEN plans to raise P25 billion preferred shares offer
ACEN Corp. said Tuesday its board approved a plan to raise as much as P25 billion from the sale of preferred shares.
Nickel miners call for predictable regulation, shorter permitting process to spur investments
The Philippine Nickel Industry Association is urging government to promote predictable regulations and ease the process of securing permits to attract more investments in mining, particularly for value-added nickel processing.
Jollibee rules out taking Vietnam coffee business public for now
Fast food giant Jollibee Foods Corp. said listing its Vietnam operations, mainly coffee shops, may take longer than expected as it works to boost its operations in the country.
