• Joint ventures involving Ayala Land, Markham receive regulator’s nod
    THE Philippine Competition Commission (PCC) announced on Thursday that it approved two joint ventures (JV), one involving Ayala Land Inc. and Royal Asia Land Inc., and another between Markham Resources Corp. and Alternergy Mini Hydro Holdings Corp. The PCC said it found both transactions to not result in substantial lessening of competition in their respective relevant markets. […]
  • Hyundai bucks tax fears, sees January sales up 3%
    HYUNDIA Asia Resources Inc. (Hari) was able to withstand the first month of the additional taxes on automobile, as the official distributor of Hyundai vehicles in the country posted a 3-percent growth in sales in January. Hari kicked off this year with a modest 3-percent growth of 2,093 units sold in January, as compared to […]
  • Petron to put up charging hubs for electric vehicles
    PETRON Corp. has informed the government of its plan to put up electric-vehicle (EV) charging stations in select retail stations, Energy Secretary Alfonso G. Cusi said. Cusi said he was informed that “Petron also” committed to put up EV charging stations. “Shell has committed,” Cusi stated. “Petron is also interested.” Petron President Ramon S. Ang […]
  • Young fintech firm to support MSMEs
    THE outgoing chairman of financial-technology (fintech) company Acudeen Technologies Inc. believes it can support micro, small and medium enterprises (MSMEs) under Januario Jesus Gregorio Atencio III, a former chief executive of a mass-housing company. Atencio has been appointed as the new chairman of Acudeen, a two-year-old company that helps MSMEs to finance receivables ahead of […]
  • Asian shares gain on rosy Japan data, bucking Wall Street losses
    TOKYO—Shares were higher in Asia on Wednesday, supported by rosy manufacturing data from Japan. The gains came despite losses on Wall Street, where a six-day winning streak was snapped by a plunge in Walmart stock and losses in other sectors. Japan’s Nikkei 225 index climbed 0.2 percent to 21,970.81 and Hong Kong’s Hang Seng advanced […]

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