Corporate

PAL rebuilding the enterprise under Lucio Tan grandson and namesake

  Flag carrier Philippine Airlines (PAL) is rebuilding the enterprise and resolve its many operational and supply issues to remain competitive, according to tycoon Lucio...

First Gen unit EDC calls off geothermal project in Peru

First Gen Corp.,the listed power generation company of the Lopez Group, said Friday its subsidiary Energy Development Corp. has decided to pull out of...

DITO Telecommunity renews $1.175 billion bridge financing

DITO CME Holdings Corp., the telecom venture of businessman Dennis Uy, said Friday that its subsidiary DITO Telecommunity Corp has renewed its $1.175 billion...

Grandson and namesake Lucio Tan III is named PAL Holdings Inc. president

PAL Holdings Inc. (PHI) has appointed the grandson and namesake of Lucio Tan as its new president.  The parent firm of Philippine Airlines (PAL) and...

Monde Nissin charging P7.15 billion deficit to retained earnings

Listed food company Monde Nissin Corp. said Thursday its board approved an equity restructuring to eliminate the deficit that at the end of 2022...

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