Corporate

EEI losses widened despite revenue gains from construction projects 

Listed construction firm EEI Corp. widened its losses in the second quarter of the year, with increases in revenue not enough to cover losses...

Jollibee confident of exceeding targets this year

Fast food giant Jollibee Foods Corp. is confident of exceeding its targets this year and optimistic of a rebound of the local economy and...

Ayala sells majority stake in German auto parts maker 

Ayala Corp. on Tuesday bared selling its majority stake in the German auto parts maker MT Technologies GmbH and focus on its core businesses of real...

DITO names buyers of 2.2 billion shares; details wanting

DITO CME Holdings Corp. on Monday named the buyers of 2.2 billion shares it sold earlier this month to raise additional capital for the...

Manila Water unit secures P1.6B loan for capital spending in Laguna

Manila Water Co. said Monday an indirect subsidiary has secured a P1.6 billion, 10-year loan for projects within the unit’s concession area in Laguna,...

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