SM Prime reclassifying 100M shares for funding option
SM Prime Holdings Inc. is paving the way for a fresh funding channel after its board of directors approved the reclassification of 100 million unissued common shares into 100 million preferred shares, a move designed to broaden its capital-raising flexibility and attract a wider investor base.
DigiPlus clears key hurdle in IEC stake deal
DigiPlus Interactive Corp. has moved closer to sealing its P12 billion investment in Hong Kong-listed International Entertainment Corp. after IEC shareholders approved the subscription agreement and related whitewash waiver in a special meeting on February 26.
BPI launches debit card made from 100% recycled plastic
The Bank of the Philippine Islands (BPI) has introduced a new Debit Mastercard made from 100 percent recycled, PVC-free plastic as part of its push for more sustainable banking.
Lender urges Filipinos to diversify as markets enter ‘new phase’ in 2026
With inflation easing and interest rates expected to stabilize, Security Bank Wealth is urging Filipino investors to rethink their strategies, warning that 2026 will demand greater discipline, wider diversification, and sharper decision-making.
Discovery World injects capital to units, sells shares
Discovery World Corp. is shoring up its war chest as it approved fresh capital infusions into two wholly-owned subsidiaries, and a 66 million share issuance to bolster working capital and support resort expansion.
