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MVP, RSA open to partnerships with China, Russia firms

MVP, RSA open to partnerships with China, Russia firms

By Richmond Mercurio (The Philippine Star) Updated May 29, 2017 – 12:00am http://www.philstar.com/business/2017/05/29/1704463/mvp-rsa-open-partnerships-china-russia-firms MANILA, Philippines –  Tycoons Manuel Pangilinan and Ramon Ang are not passing up on opportunities to capitalize on the country’s warming relationship with China and Russia as they welcome potential joint venture deals with firms from these nations. Pangilinan and Ang said […]

  • by Land Asia Listings
  • June 1, 2017
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PH main index up on foreign buying, window dressing

PH main index up on foreign buying, window dressing

By: Doris Dumlao-Abadilla Philippine Daily Inquirer 12:24 AM May 30, 2017 http://business.inquirer.net/230386/ph-main-index-foreign-buying-window-dressing The local stock barometer firmed up on Monday, aided by some foreign buying and month-end window-dressing activities. The main-share Philippine Stock Exchange index added 18.54 points or 0.24 percent to close at 7,886.03. “The Philippine market kicked off the last few days of […]

  • by Land Asia Listings
  • June 1, 2017
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Eagle Cement marks stock debut, targets dominance in Philippines market

Eagle Cement marks stock debut, targets dominance in Philippines market

By Richmond Mercurio (The Philippine Star) Updated May 30, 2017 – 12:00am http://www.philstar.com/business/2017/05/30/1704769/eagle-cement-marks-stock-debut-targets-dominance-philippines-market MANILA, Philippines – Newly-listed Eagle Cement Corp. targets to dominate the local market over the near term after a successful stock debut yesterday. Eagle Cement chairman Ramon Ang said the company is eyeing a market share of at least 25 percent in […]

  • by Land Asia Listings
  • June 1, 2017
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Manila Water raises stake in Vietnam water firm

Manila Water raises stake in Vietnam water firm

By Czeriza Valencia (The Philippine Star) Updated May 30, 2017 – 12:00am http://www.philstar.com/business/2017/05/30/1704778/manila-water-raises-stake-vietnam-water-firm MANILA, Philippines – The Singapore unit of Ayala-led Manila Water Co. Inc. is raising its stake in a Vietnamese water firm to strengthen its foothold in the Southeast Asian country. In a regulatory filing yesterday, the company said its wholly owned unit […]

  • by Land Asia Listings
  • June 1, 2017
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Alsons revives Indonesia expansion plan

Alsons revives Indonesia expansion plan

By Danessa Rivera (The Philippine Star) Updated May 29, 2017 – 12:00am http://www.philstar.com/business/2017/05/29/1704465/alsons-revives-indonesia-expansion-plan MANILA, Philippines –  Alcantara-owned Alsons Consolidated Resources Inc. (ACR) is reviving its plans to expand operations in Indonesia given its proximity to its home base in Mindanao. The company is exploring power investment opportunities in Sulawesi province in Indonesia “because of its […]

  • by Land Asia Listings
  • June 1, 2017
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3 bidders qualify for Sucat power plant

3 bidders qualify for Sucat power plant

By Danessa Rivera (The Philippine Star) Updated May 30, 2017 – 12:00am http://www.philstar.com/business/2017/05/30/1704770/3-bidders-qualify-sucat-power-plant MANILA, Philippines – State-run Power Sector Assets and Liabilities Management Corp. (PSALM) has pre-qualified three firms to bid for the decommissioned 850-megawatt (MW) Sucat Thermal Power Plant (STPP) in Muntinlupa City. Out of the six bidders who initially expressed interest to bid, […]

  • by Land Asia Listings
  • June 1, 2017
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GBPC to bid for Caliraya-Botocan-Kalayaan project

GBPC to bid for Caliraya-Botocan-Kalayaan project

By Danessa Rivera (The Philippine Star) Updated May 29, 2017 – 12:00am http://www.philstar.com/business/2017/05/29/1704466/gbpc-bid-caliraya-botocan-kalayaan-project MANILA, Philippines –  Global Business Power Corp. (GBPC) is keen on joining the bid for the 728-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydropower plant in Laguna, one of the hydropower projects offered by the government. “If there will be an auction which we think […]

  • by Land Asia Listings
  • June 1, 2017
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SMC proposes $2 B flood control project

SMC proposes $2 B flood control project

By Richmond Mercurio (The Philippine Star) Updated May 30, 2017 – 12:00am http://www.philstar.com/business/2017/05/30/1704771/smc-proposes-2-b-flood-control-project MANILA, Philippines – Diversified conglomerate San Miguel Corp. (SMC) is preparing to submit an unsolicited proposal for a $2-billion project that would spare Metro Manila from massive flooding in the coming years. “I will be submitting it,” SMC president and chief operating […]

  • by Land Asia Listings
  • June 1, 2017
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First Holdings earmarks P10 B to redevelop real estate assets

First Holdings earmarks P10 B to redevelop real estate assets

By Danesa Rivera (The Philippine Star) Updated May 30, 2017 – 12:00am http://www.philstar.com/business/2017/05/30/1704775/first-holdings-earmarks-p10-b-redevelop-real-estate-assets MANILA, Philippines – Lopez-led First Philippine Holdings Corp. (FPH) is allotting P10 billion over the next five years for green redevelopment projects of its under-utilized real estate assets to generate better returns, company officials said yesterday. The company is in the process […]

  • by Land Asia Listings
  • June 1, 2017
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Stocks reflect uptick in foreign markets

Stocks reflect uptick in foreign markets

By Richmond Mercurio (The Philippine Star) | Updated May 24, 2017 – 12:00am http://www.philstar.com/business/2017/05/24/1702853/stocks-reflect-uptick-foreign-markets MANILA, Philippines – The stock market sustained its winning ways yesterday despite much smaller gains as it continued to take cues from foreign markets. The Philippine Stock Exchange index (PSEi) finished yesterday’s trading with a 0.07 percent, or 5.57-point improvement at […]

  • by Land Asia Listings
  • May 24, 2017
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