RLC cites recurring-income expansion, REIT platform for stable operations
ROBINSONS LAND CORP. (RLC) said its push to expand recurring-income assets, monetize properties through its real estate investment trust (REIT) platform, and tighten residential...
Lufthansa Technik PHL signs NAIA lease deal with NNIC
LISTED aviation support provider MacroAsia Corp. said its associate Lufthansa Technik Philippines has signed a lease contract with New NAIA Infra Corp. (NNIC), the...
DoubleDragon to launch tender offer for MerryMart shareholders
DOUBLEDRAGON CORP. (DD) said it will launch a mandatory tender offer for shareholders of MerryMart Consumer Corp. (MM) from May 18 to June 16...
Pickup Coffee targets 800 stores by yearend
HOMEGROWN COFFEE chain Pickup Coffee is targeting at least 800 stores nationwide by yearend as it expands its footprint despite rising commodity prices.
鈥淚nitially, we...
How PSEi member stocks performed 鈥 May 13, 2026
Here鈥檚 a quick glance at how PSEi stocks fared on Wednesday, May 13, 2026.
ACEN Q1 profit jumps 50% on PSA recoveries, India gains
ACEN CORP. posted a 49.9% increase in first-quarter attributable net income, supported by power supply agreement (PSA) recoveries, India-related gains, and higher electricity revenues.
In...
Strong data demand lifts Globe Q1 revenues; profit slips on base effects, higher financing...
GLOBE TELECOM, Inc. posted a 20% decline in first-quarter (Q1) attributable net income to P5.55 billion from P6.98 billion a year earlier, as the...
Airline fuel surcharge remains elevated at Level 15 for May 16-31
THE Civil Aeronautics Board (CAB) lowered the passenger fuel surcharge to Level 15 for the second half of May from Level 18 previously, although...
SPC sees 2026 capex at lower end of guidance
SHELL PILIPINAS Corp. (SPC) said it expects 2026 capital expenditures (capex) to settle near the lower end of its previously announced P2-billion-to-P3-billion guidance as...
Jollibee Group reviews 2026 assumptions amid cost volatility
JOLLIBEE FOODS CORP. (JFC) said it is reviewing some of its 2026 assumptions, including the pace of store openings and capital spending, as geopolitical...
First Gen says gas asset sale to Razon group was 鈥榗orrect choice鈥
FIRST GEN CORP. said its decision to sell a majority stake in its gas-fired power assets to the Razon group was 鈥渁 correct choice,鈥...
GT Capital donates land for future Ateneo campus in Cavite
GT CAPITAL Holdings, Inc. said it donated 15 hectares of land in its Riverpark estate in Cavite to Ateneo de Manila University for the...