Corporate
ICTSI fully divests from Indonesia-listed unit PT ICTSI Jasa Prima
International Container Terminal Services Inc., the global port operations of tycoon Enrique Razon Jr., said Monday it fully divested from its Indonesia-listed subsidiary PT ICTSI Jasa Prima Tbk for USD2 million.
Monde projects 2023 core net income to rise “by mid-teens”
Monde Nissin Corp., manufacturer of the Philippines’ market leading Lucky Me! instant noodles, on Monday projected its core net income growing “by mid-teens” in 2023 as sales likely rose in the “high single-digit” on the back of strong growth in the Asia-Pacific branded food and beverage business, offsetting the decline in meat alternative gross margin.
PCC green lights PLDT’s Sky Cable purchase for P6.75 billion
The Philippine Competition Commission (PCC) has approved the sale of Sky Cable Corp.'s broadband business and related assets to PLDT Inc.
BOC outlines exporter registration to e-CO portal
The Bureau of Customs (BOC) has laid down the steps for the registration of exporters who have not yet enrolled in the bureau’s electronic certificate of origin (e-CO) processing platform.
PLDT eyes lower capital expenditure in 2024
PLDT Inc., the largest integrated telecommunications company in the country, said Friday its capital expenditure this year will be lower compared to last year’s budget of between P80 billion and P85 billion.
