The Clark International Airport Corp. (CIAC) is accelerating the implementation of infrastructure projects to further develop the Clark Aviation Capital, the prime land surrounding the privately-run Clark International Airport. In a statement on Thursday, Nov. 7, Jojit Alcazar, CIAC...
Tanco-led gaming firm DigiPlus Interactive Corporation registered a 314 percent surge in net income to P8.75 billion in the first nine months of the year compared to the same period of 2023. In a disclosure tothe Philippine Stock Exchange, the firm said its strong performance was driven by the...
Lucio Co-led Philippine Bank of Communications (PBCom) has raised P7.69 billion from its oversubscribed maiden issuance of Peso Fixed Rate Bonds. The bank said in a disclosure to the Philippine Stock Exchange that the bonds have been listed on the Philippine Dealing & Exchange Corp....
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported a 75 percent jump in consolidated net income to P618 million in the first nine months of 2024 from the P354 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the...
Cebu-based fuel retailer Top Line Business Development Corp. (Topline) is launching its P3.16 billion initial public offering before the year ends to be the last maiden offering at the Philippine Stock Exchange for 2024. The PSE said it has approved the firm’s IPO tentatively slated for Nov. 27...
Renewable energy (RE) firm Alternergy Holdings Corporation announced that the Department of Energy (DOE) approved its request to increase the registered capacity of the Tanay Wind Power Project. In a disclosure to the Philippine Stock Exchange on Wednesday, Oct. 30, Alternergy said the DOE...
Metropolitan Bank & Trust Company (Metrobank) has approved the sale of its asset management unit to ATR Asset Management Inc. (ATRAM) while Union Bank of the Philippines is also in talks to merge its trust business with that of ATRAM. "These are bold moves by ATRAM to quickly scale up its trust...
Asialink Finance Corporation has secured a P1 billion credit line facility from Maybank Philippines to help provide financing options for micro, small, and medium enterprises (MSMEs). In a statement on Wednesday, Oct. 30, Asialink said the partnership aims to accelerate its loan disbursements and...
State-run Philippine Amusement and Gaming Corporation (PAGCOR) has reported a surge in revenue for the first nine months, driven by solid performances in electronic gaming and brick-and-mortar casinos. In a statement on Tuesday, Oct. 29, the government’s gaming regulator and operator, said...
State-run Social Housing Finance Corporation (SHFC) has declared a one-month moratorium on monthly payments for beneficiaries affected by Tropical Storm Kristine. In a statement, Federico A. Laxa, SHFC president and chief executive officer, said the initiative aims to provide immediate financial...
Small businesses affected by typhoon Kristine were encouraged to avail of a loan offered by the Department of Trade and Industry (DTI). DTI Secretary Ma. Cristina Roque (RTVM Screenshot) In a Palace briefing on Friday, Oct. 25, DTI Secretary Ma. Cristina Roque disclosed that the agency has...
Publicly-listed DigiPlus Interactive Corporation is strengthening its position in the digital entertainment landscape with the strategic expansion of its Research and Development (R&D) capability. The firm is also launching the “DigiPlus Technology Bootcamp” to foster Filipino tech talents...
