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Udenna buys H2O Ventures for P327-M

MANILA — Udenna Development Corp. (Udevco) of businessman Dennis Uy on Thursday signed a deal to acquire listed Philippine H2O …

7 firms to submit joint NAIA rehab plan

MANILA — A company and subsidiaries of six large conglomerates in the country have agreed to form a consortium to …

TRAIN to benefit Filipinos, boost economic growth: NEDA

MANILA— The National Economic and Development Authority (NEDA) welcomes the passage of the Tax Reform for Acceleration and Inclusion (TRAIN) …

EDC restoring power plants in Leyte

MANILA — Listed geothermal leader Energy Development Corp. (EDC) said Tuesday it is working to restore power plants in Leyte …

All Value Holdings to ramp up supermarket expansion in 2018

MANILA — All Value Holdings Corp., the private retail-holding firm of the Villar family, plans to double its supermarket count …

SMC unit buys out Masinloc power plant

MANILA — SMC Global Power Holdings (SMCGPH), the power business of conglomerate San Miguel Corp. (SMC), has closed a deal …

2 Chinese firms keen on power, infra projects in PH

MANILA — Two major Chinese companies have expressed keen interest to partner with the construction arm of the Aboitiz Group …

PSE hopes to close merger deal with PDS before year-end

MANILA — The Philippine Stock Exchange (PSE) hopes it will finally close the deal to merge with fixed-income trading platform …

Udenna to build P302-B central business district in Clark

MANILA — Udenna Corporation, the holding company of businessman Dennis Uy, will invest USD6 billion (roughly PHP302.6 billion) in the …

Aboitiz Equity sets 2018 capex at P50-B

MANILA— Conglomerate Aboitiz Equity Ventures Inc. (AEV) will spend up to P50 billion next year, same level as this year, as …

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