The Bureau of Immigration (BI) on Friday, March 27, vowed to pursue all legal remedies on the issue of “multiple identities” against Global Ferronickel Holdings, Inc. (FNI) chairman Joseph Sy. “We will exhaust all legal remedies available to hold accountable those who attempt to deceive...
The Global Finance Convention (GFC) is the premier flagship event organized by the Management of Financial Institutions Association (MaFIA) of De La Salle University–Manila. Now in its 10th year, MaFIA remains committed to sparking high-level discussions by providing a professional and...
San Miguel Global Power Holdings Corp. won approval from the Securities and Exchange (SEC) Commission to raise as much as ₱30 billion through a bond offering to refinance its debt and bankroll the expansion of its renewable energy portfolio. The regulator’s en banc commissioners rendered the...
DoubleDragon Corp.’s hospitality arm, Hotel101 Global Holdings Corp., opened its Madrid flagship, the first time a homegrown Filipino hotel brand has expanded operations into the European market. In a statement , DoubleDragon said the 680-room Hotel101-Madrid, located in the Valdebebas district,...
There are only a handful of local labels I’ve witnessed grow from inception to full-fledged global enterprises. One of them is Sunnies Studios. What began in 2013 as an eyewear label founded by Bea Soriano-Dee, Eric Dee, Georgina Wilson, Martine Ho, and Jess Wilson has evolved into a multi-brand...
WASHINGTON (AP) — The number of days when the weather gets hot, dry and windy — ideal to spark extreme wildfires — has nearly tripled in the past 45 years across the globe, with the trend increasing even higher in the Americas, a new study shows. And more than half of that increase is caused...
San Miguel Global Power Holdings Corp. (SMGP) has secured the highest possible credit rating for its planned ₱30 billion bond issuance, as the energy giant leverages recovery in earnings and massive expansion pipeline to bolster its financial standing. Philippine Rating Services Corp....
The Securities and Exchange Commission (SEC) has penalized Global Dominion Financing Inc. for employing unfair and abusive debt collection practices through third-party agents amid tightening of oversight on the nation’s lending sector. In a formal order, the SEC’s Financing and Lending...
Megaworld subsidiary Global-Estate Resorts, Inc. (GERI), a premier developer of integrated tourism and leisure townships, has broken ground on the clubhouse inside The Lindgren located within the 151-hectare Arden Botanical Estate in Trece Martires, Cavite. The Clubhouse at The Lindgren is designed...
Global Ferronickel Holdings Inc. (FNI) said its Palawan subsidiary, Ipilan Nickel Corp. (INC), is targeting the production of 1.5 million wet metric tons (WMT) of nickel ore this year, provided weather and operating conditions remain favorable. This year’s target is significantly higher than the...
RL Commercial REIT Inc. will join the Philippine Stock Exchange index (PSEi), the nation’s 30-company benchmark, replacing Alliance Global Group Inc. as part of a semi-annual reshuffle of the local equity market’s gauges. The Philippine Stock Exchange announced the changes following review of...
Hotel101 Global Holdings Corp., the Nasdaq-listed condotel operator, is seeking to raise as much as $300 million through a private placement of shares as it prepares to scale its asset-light business model across international markets. In a disclosure to Nasdaq, Hotel101 said the company’s board...
