Corporate

Maynilad may consider sourcing water from Manila Bay if desalination cost eases to affordable levels

Maynilad Water Services Inc., the water utility of Metro Pacific Investment Corp., may consider Manila Bay as source of potable water for its concession area in Metropolitan Manila and nearby towns if the cost of desalination comes down or large consumers such as factories start extracting water from the salt-water bay for their needs.

SM Prime eyes record-size initial public offering from REIT listing

SM Prime Holdings Inc., the shopping mall operations of the Sy family, said Friday it is looking to list its real estate investment trust...

Minimal amount left in Robinsons Retail’s shares buyback budget; price still below IPO price

Robinsons Retail Holdings Inc., the retail arm of the Gokongwei Group that operates supermarkets, department stores, community malls, and consumer electronics and drug stores,...

SP New Energy takes steps to lift trading suspension, avoid delisting

SP New Energy Corp., a listed renewable energy company founded by Leandro Leviste, said Friday it will seek regulatory approvals for its plan to...

Villar Group plans a second casino in Villar City

Former politician and now businessman Manuel B. Villar Jr. is putting up a second casino inside the eponymous Villar City, a 3,500-hectare development in...

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