Corporate
SMIC projects greater 2023 earnings contribution from investment portfolio
SM Investments Corp., the holding firm of the Sy family, on Wednesday projected accelerated contribution from its portfolio of investments that range from logistics to power firms.
Meta to lay off employees in metaverse silicon unit on Wednesday
Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality Labs division focused on creating custom silicon, two...
PSE short selling guidelines take effect immediately
The Philippine Stock Exchange Inc. (PSE) said the guidelines on short selling transactions took effect immediately after regulators gave the go signal on critical components of securities borrowing and lending.
Fruitas buys cloud kitchen equipment from Foodpanda
Fruitas Holdings Inc., a listed food and beverage company, said Tuesday it purchased from Foodpanda cloud kitchen equipment for its wholly-owned subsidiary Fly Kitchen...
ICTSI Australia subsidiary acquires large cargo handling equipment
Victoria International Container Terminal (VICT), a subsidiary of International Container Terminal Services, Inc. (ICTSI) has acquired two new ship-to-shore (STS) cranes in a bid to handle large vessels.
