Corporate
Megaworld building 21st hotel in ArcoVia City, will open in 2029
Megaworld Corp. is building its second hotel in Pasig City, which the listed property development venture of tycoon Andrew Tan said Monday would likely be the tallest homegrown hotel project to date.
Didipio Mine allots P169M fund for Nueva Vizcaya, Quirino
The Didipio Gold-Copper Mine has set aside P169 million for its Community Development Fund this year. The budget is a 24 percent increase from last year and will benefit nearly four dozen barangays in Nueva Vizcaya and Quirino.
ICTSI gets $20.5 million as settlement for labor dispute in Oregon
International Container Terminal Services Inc., the global port operator of tycoon Enrique Razon Jr., said its unit, ICTSI Oregon Inc., has reached a settlement with International Longshore and Warehouse Union on all legal claims.
ICTSI completes sale of Indonesia unit PT ICTSI Jasa Prima
The International Container Terminal Services, Inc. (ICTSI) on Friday announced the completion of the sale of 80.19 percent of PT ICTSI Jasa Prima Tbk (IJP), its Indonesian subsidiary, to PT Sarana Kelola Investa.
Amazon beats estimates on AI-fueled cloud, ecommerce businesses, shares jump
Amazon.com AMZN.O beat fourth-quarter revenue expectations on Thursday as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical holiday period, sending its shares up 8 percent after the market close.
