Wed08202014

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Trans-Asia set to make P500-million rights offering

TRANS-ASIA Petroleum Corp., a unit of Trans-Asia Oil and Energy Development Corp., plans to conduct a rights offering that will generate roughly P500 million in funds to bankroll new and existing energy projects.

Read more: Trans-Asia set to make P500-million rights offering

Increased traffic volume boosts MNTC H1 net income by 13%

THE operator of the North Luzon Expressway saw its net income grow by more than a tenth in the first half of the year driven by an increase in traffic volumes.

Read more: Increased traffic volume boosts MNTC H1 net income by 13%

Smart’s mobile-data business ballooned by 121% in H1

WIRELESS services provider Smart Communications Inc. said on Wednesday demand for its mobile-data offering ballooned by almost five quarters in the first half of the year, driven largely by the availability of content offered by the telco.

Read more: Smart’s mobile-data business ballooned by 121% in H1

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