Corporate

Phoenix financial soundness indicators worsen; P3.2B accounting error spurs review, probe

Financial soundness indicators reported by Phoenix Petroleum Philippines Inc. painted a cloudy future for the listed oil company owned by businessman Dennis Uy, with...

Aboitiz Construction to build five warehouses for FAST Logistics Group in Cebu

Aboitiz Construction recently engaged in a partnership with FAST Logistics Group to design and build five ambient warehouses, along with ancillary and utility spaces,...

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,...

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