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Elijah Felice Rosales
Elijah Felice Rosales
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Phone purchases pick up post-COVID
by Elijah Felice Rosales - March 3, 2024 - 12:00am
As the economy bounces back from the pandemic, Filipinos are starting to invest in new phones again, and they are mostly purchasing Chinese brands priced below $200.
Security Bank automates wealth management business
by Elijah Felice Rosales - March 3, 2024 - 12:00am
Security Bank Corp. has signed a five-year contract to automate its wealth management processes in line with efforts to become one of the most technologically advanced banks in the Philippines.
ICTSI on expansion mode; raises capex to $450 million
by Elijah Felice Rosales - March 2, 2024 - 12:00am
International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects.
Higher contribution to PLDT eyed by ePLDT
by Elijah Felice Rosales - March 2, 2024 - 12:00am
The data center builder of Pangilinan-led PLDT Inc. hopes to increase its share in the revenue of its parent to as much as 20 percent by the end of the decade.
BDO readies SMC financial war chest for NAIA
by Elijah Felice Rosales - March 2, 2024 - 12:00am
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from...
SMC opens NAIAx Tramo access ramp
by Elijah Felice Rosales - March 2, 2024 - 12:00am
The NAIA Expressway (NAIAx) yesterday opened its new access ramp in Pasay, providing motorists with an alternative way of entering the toll road.
‘Use PPPs for infrastructure, not to raise revenues’
by Elijah Felice Rosales - March 1, 2024 - 12:00am
A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership project...
GCash expands to South Korea
by Elijah Felice Rosales - March 1, 2024 - 12:00am
E-wallet giant GCash has added another Asian country to its reach, this time expanding to South Korea to serve the financial needs of Filipinos living and working there.
‘Now is best time for PAL to sell’
by Elijah Felice Rosales - February 29, 2024 - 12:00am
This is the best time for flag carrier Philippine Airlines (PAL) to sell a portion of the company, as investors are attracted to buy into it with travel and tourism picking up momentum, according to analysts.
PLDT: Disputes in final terms led to aborted Sky Cable buyout
by Elijah Felice Rosales - February 28, 2024 - 12:00am
Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly.
Converge out to challenge Cignal, Sky Cable in pay TV
by Elijah Felice Rosales - February 26, 2024 - 12:00am
Pampanga-based tycoon Dennis Anthony Uy will infiltrate the pay TV segment soon to challenge the dominance of Cignal Cable Corp. and Sky Cable Corp.
NAIA 4th worst in Asia, Middle East for business travel
by Elijah Felice Rosales - February 24, 2024 - 10:30am
The Ninoy Aquino International Airport has been named as the fourth worst gateway in Asia and the Middle East by business class travelers, trailing its Southeast Asian counterparts that were adjudged as some of the...
PLDT-Sky Cable merger unplugged
by Elijah Felice Rosales - February 23, 2024 - 12:00am
Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off.
PLDT proposes $3 million settlement in US budget mess suit
by Elijah Felice Rosales - February 23, 2024 - 12:00am
Integrated telco PLDT Inc. has proposed to settle $3 million, or around P165 million, to resolve a class action suit filed against it in the US over its budget fiasco.
Notes on the beat: Behind the scenes in the NAIA bidding
by Elijah Felice Rosales - February 23, 2024 - 12:00am
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless.
GCash says IPO not yet a priority
by Elijah Felice Rosales - February 22, 2024 - 12:00am
E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad.
MPIC likely to pass up on subway bidding
by Elijah Felice Rosales - February 22, 2024 - 12:00am
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government.
MVP, RSA plan to list expressway behemoth
by Elijah Felice Rosales - February 21, 2024 - 12:00am
Tycoons Manuel V. Pangilinan and Ramon S. Ang plan to bring an infrastructure behemoth to the local stock exchange in the event they succeed in combining their toll road units.
MPIC to pursue buyout of Ayala stake in LRT-1
by Elijah Felice Rosales - February 21, 2024 - 12:00am
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways.
As air fares go up, airlines dangle early bookings for flights
by Elijah Felice Rosales - February 20, 2024 - 12:00am
As worries that air fares may rise in the coming months, the country’s top carriers are urging travelers to book their flights early to take advantage of cheaper prices.
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