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The Philippine Stock Exchange Signs MOU with Taiwan Stock Exchange

8/30/2024

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The Philippine Stock Exchange Signs MOU with Taiwan Stock Exchange
A Memorandum of Understanding (MOU) was signed by the Taiwan Stock Exchange (TWSE) and the Philippine Stock Exchange, Inc. (PSE) to formalize and enhance the partnership.

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AyalaLand Logistics Holdings Corp. Expands Cold Storage Network in Cebu

8/30/2024

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AyalaLand Logistics Holdings Corp. Expands Cold Storage Network in Cebu
AyalaLand Logistics Holdings Corp. (ALLHC) breaks ground for the construction of ALogis Artico Consolacion. Strategically located to meet the increasing demand for temperature-controlled facilities in the Central Visayas region, the new facility will add 6,000 pallet positions to ALLHC’s cold storage portfolio. This will be ALLHC’s second facility in the province of Cebu following the addition of ALogis Artico Mandaue in late 2022.

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Globe Telecom, Inc. Maintains 'AA' MSCI ESG Rating for 2nd Consecutive Year

8/30/2024

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Globe Telecom, Inc. Maintains 'AA' MSCI ESG Rating for 2nd Consecutive Year
Globe has maintained its MSCI ESG Rating of "AA" for the second consecutive year, solidifying its position as an Environment, Social, and Corporate Governance (ESG) leader in the telecom industry.

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PT&T Corp., Netlinkz Limited Announces Joint Venture

8/29/2024

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PT&T Corp., Netlinkz Limited Announces Joint Venture
PT&T Corp. (PT&T), a telecommunications provider in the Philippines, has partnered with Australian technology innovator Netlinkz Limited to establish a groundbreaking joint venture. This partnership is set to revolutionize network security and connectivity for businesses across the Philippines, including those in remote and underserved areas.

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Meralco’s S&P Credit Rating Upgrade to ‘BBB’ from ‘BBB-’

8/29/2024

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Meralco’s S&P Credit Rating Upgrade to ‘BBB’ from ‘BBB-’
Manila Electric Company (Meralco) has secured an upgrade from S&P Global for its long-term credit rating to ‘BBB’ from ‘BBB-’ with stable outlook, on the back of solid financial performance and ongoing strategic investments.

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PT&T Corp. Achieved P256.7 Million in Revenues in H1-2024; Net Income at P7.9 Million

8/28/2024

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PT&T Corp. Achieved P256.7 Million in Revenues in H1-2024; Net Income at P7.9 Million
PT&T Corp. (PT&T) announced its financial results for the first half of 2024, highlighting the company’s strategic growth initiatives and operational resilience. Despite a slight dip in total revenues, PT&T demonstrated robust performance across key financial metrics, underscoring its commitment to innovation and sustainable value creation.

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Robinsons Land Strengthens its Partnership with Meralco for Future Developments

8/28/2024

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Robinsons Land Strengthens its Partnership with Meralco for Future Developments
Robinsons Land Corporation (RLC) announced the continuation of its strong partnership with Manila Electric Company (Meralco) to ensure reliable and sustainable power solutions for its existing and upcoming projects.

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SEC Revokes Corporate Registration of Procap, Ray International

8/28/2024

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SEC Revokes Corporate Registration of Procap, Ray International
The Securities and Exchange Commission (SEC) has cancelled the corporate registrations of Procap International and Ray International Philippines Corporation for their illegal solicitation of investments from the public.

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Filinvest REIT Corp. Wins Gold for Sustainability at 2024 Stevie International Business Awards

8/28/2024

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Filinvest REIT Corp. Wins Gold for Sustainability at 2024 Stevie International Business Awards
​Filinvest REIT Corp. (FILRT) wins anew at the 2024 Stevie International Business Awards®, reaffirming its position as a sustainable REIT. FILRT earned a Gold Stevie® Award in the Sustainability Product of the Year - Asia, Australia, & New Zealand category).

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ACEN Corporation, Barito Renewables Announces Partnership to Transform Indonesia's Wind Energy Landscape

8/28/2024

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ACEN Corporation, Barito Renewables Announces Partnership to Transform Indonesia's Wind Energy Landscape
ACEN, the listed energy platform of the Ayala group, and PT Barito Renewables Energy Tbk (Barito Renewables) announced a transformative partnership designed to accelerate the development of wind renewable energy projects across Indonesia. This exclusive collaboration, effective immediately, brings together two industry leaders, united in their vision to drive the nation’s shift towards a sustainable energy future.

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Sun Life Financial Inc. Announces Renewal of its Normal Course Issuer Bid

8/28/2024

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Sun Life Financial Inc. Announces Renewal of its Normal Course Issuer Bid
Sun Life Financial Inc. announced that the Office of the Superintendent of Financial Institutions and the Toronto Stock Exchange have approved the renewal of the company’s previously announced normal course issuer bid (NCIB) to purchase up to 15,000,000 of its common shares (representing approximately 2.6% of the 577,567,842 common shares issued and outstanding as of August 20, 2024).

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Rethinking IT Infrastructure for Enhanced Agility and Scalability: Globe and Red Hat Open Innovation Labs Partner

8/27/2024

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Rethinking IT Infrastructure for Enhanced Agility and Scalability: Globe and Red Hat Open Innovation Labs Partner
​In order to modernize Globe Telecom's IT infrastructure and provide a new and improved customer experience, the world's top provider of open source solutions, Red Hat, Inc., and Globe Telecom have announced a partnership. Through Red Hat Open Innovation Labs, Globe Telecom will be able to innovate, scale, and be more agile in its operations.

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PLDT, Smart: Scammers Turn to ‘Vishing’ After Activation of a New Firewall

8/27/2024

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PLDT, Smart: Scammers Turn to ‘Vishing’ After Activation of a New Firewall
​Vishing, or phishing, over phone calls is something that PLDT Inc. (PLDT) and its wireless unit Smart Communications, Inc. (Smart) caution consumers about. Smart previously announced a significant decrease in SMShing, or phishing via SMS, following the activation of its new, more sophisticated network firewall.

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Google AdSense Launches New Ad Intent Chips Format

8/26/2024

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Google AdSense Launches New Ad Intent Chips Format
​Ad intent chips, Google's newest intent-driven search format, will soon be available. Ad-intent chips give the publisher even more opportunities to interact with highly relevant AdSense for Search ads, following the success of ad intent links and ad intent anchors.

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Metro Retail Stores Group, Inc. Continues Sales Growth in H1-2024; Records P100.4 Million Net Income

8/24/2024

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Metro Retail Stores Group, Inc. Continues Sales Growth in H1-2024; Records P100.4 Million Net Income
​Metro Retail Stores Group, Inc. (MRSGI) generated P18.0 billion in net sales for the first half of 2024, representing 6% growth year-on-year driven by improved sales of existing stores and incremental sales from newly opened stores. For the second quarter, the company posted P9.3 billion in net sales or a 7% increase from last year.

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