Affordable housing developer Haus Talk Inc. (HTI) has raised ₱1.8 billion from its fixed-rate bond issuance, upsized from its base offer of ₱1 billion, although its oversubscription option of another ₱1 billion was not fully taken up. Following this, the firm listed the bonds at Philippine...
MREIT Inc., the real estate investment trust (REIT) of Andrew Tan-led Megaworld Corp., has secured the Securities and Exchange Commission’s (SEC) approval for the fourth wave of its property-for-share swap transaction worth ₱16.2 billion. This paves the way for MREIT to proceed with the...
Tiger Resort, Leisure & Entertainment Inc., the operator of Okada Manila, has tapped leading local gaming service provider PhilWeb Corp. to introduce a new online gaming platform under the brand Okada Play. Under the agreement, PhilWeb will deliver a comprehensive online gaming platform (OGP)...
Globe Telecom, Inc. has scheduled its Annual Stockholders’ Meeting on April 21, 2026, at 9:00 a.m. The meeting will be held virtually via https://conveneagm.com/ph/GLOBE2026ASM , and stockholders will only be able to participate by remote communication. Duly accomplished proxy forms and voting...
Globe Telecom, Inc. has scheduled its Annual Stockholders’ Meeting on April 21, 2026, at 9:00 a.m. The meeting will be held virtually via https://conveneagm.com/ph/GLOBE2026ASM , and stockholders will only be able to participate by remote communication. Duly accomplished proxy forms and voting...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, is opening SM City Zamboanga on Friday, March 20, marking its eighth mall in Mindanao and its 90th mall in the Philippines. Reinforcing its growing footprint in the southern island of Mindanao, the four-level...
President Marcos has encouraged women legislators to continue pushing for measures that safeguard women and children and efforts to open up more opportunities for them. Marcos made the call as he expressed his alliance to the Association of Women Legislators ' Foundation Inc.(AWLFI) of the...
Sy-led SM Investments Corp. (SMIC) and its real estate subsidiary SM Prime Holdings Inc. (SM Prime) are planning to tap the offshore bond market to fund their continued growth and expansion. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 17, the two firms said SMIC SG...
D&L Industries Inc. does not expect any material impact on its business under current market conditions following the filing of a bill in Congress that would allow the temporary suspension of mandatory biofuel blending in the Philippines. The firm informed the Philippine Stock Exchange (PSE) on...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
The Securities and Exchange Commission (SEC) has penalized lending firm Nittan Capital Finance Inc. (NCFI) for failing to completely disclose to borrowers its charges, interest rates, amortization, and other fees prior to the signing of a loan agreement. In an order dated Feb. 13, the SEC’s...
PHINMA Education Holdings Inc., a subsidiary of Del Rosario-led PHINMA Corp., is expanding its presence in the southern part of Metro Manila as well as parts of Laguna and Cavite by acquiring a controlling 84.91-percent stake in Southeastern College Inc. for ₱690 million. In a disclosure to the...