The Philippine Stock Exchange Inc. (PSE) announced on Tuesday that it has completed the acquisition of an 8 percent stake in the Philippine Dealing System Holdings Corp. (PDSHC), increasing its ownership to approximately 91 percent.
Megawide Construction Corp. has listed on the Philippine Stock Exchange its Series 6 Preferred Shares that raised P5.3 billion, an amount that is 1.7 times more than the base P3.0 billion offering, underscoring strong investor interest in the listed construction firm.
A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.
Advanced Media Broadcasting System Inc. (AMBS) will begin airing ABS-CBN’s Kapamilya Channel on ALLTV starting January 2 next year, following TV5’s decision to end its content partnership with ABS-CBN on the same date.
The Department of Transportation (DOTr) has started allowing cashless payments on the EDSA Busway using GCash to make commuting faster and more convenient.
The government will spend P6 billion to rehabilitate EDSA, Metro Manila’s busiest road, 64.7 percent less than the original plan, Public Works Secretary Vince Dizon said Wednesday.
Globe Telecom and First Philippine Industrial Park (FPIP) have signed a partnership agreement to bring faster, more reliable fiber internet to FPIP in Sto. Tomas, Batangas. The collaboration aims to provide high-quality connectivity to more than 150 companies and over 80,000 employees in the park, supporting smoother operations, real-time collaboration, and data-driven decision-making.