Corporate

SPNEC hopes for quick reinstatement of suspended shares

SP New Energy Corp. (SPNEC), whose shares have been suspended from trading at the Philippine Stock Exchange, on Tuesday hoped for a quick reinstatement...

ICTSI’s container terminal concession in Karachi ends June 17

International Container Terminal Services Inc., the port operations business of billionaire Enrique Razon, said Tuesday it was informed by Pakistani authorities that its container...

Meralco overall electricity rate to rise in June

Manila Electric Co., the largest power distributor in the country, said Friday overall electricity rates for a typical household in June increased to P11.9112 per kiloWatt-hour...

Suntrust to borrow P25 billion to fund hotel-casino project

Suntrust Resort Holdings Inc. said Friday its board has approved a plan to borrow from China Banking Corp. a total P25 billion. “The loan facility...

Maynilad installing new algae control equipment in Laguna Lake

Maynilad Water Services Inc. is installing three new units of ultrasonic algae control equipment at the intake structure of the company’s Putatan water treatment...

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