Petron seeks to raise P30B from preferred shares offer in May
Petron Corp. said Monday it filed with the Securities and Exchange Commission for the shelf registration and offer and sale in the Philippines of up to 50,000,000 preferred shares, which could raise for the country’s largest oil company a total P50 billion.
NEDA releases rules of amended Public Service Act
The National Economic and Development Authority (NEDA) on Monday released the implementing rules and regulations (IRR) of the amendments to the Public Service Act...
ABS-CBN, Theta Labs partner to boost media and entertainment with theta video API and digital collectibles
Theta Labs, the leading blockchain infrastructure provider for Web3 media and entertainment, announces a new partnership with ABS-CBN, the Philippines’ leading content company. Following the success of “Idol Philippines” on ThetaDrop, Theta will be the Web3 video infrastructure partner to power ABS-CBN’s various business units and its digital collectibles NFT business.
Max’s earnings rise to all-time high on pandemic strategies
Max’s Group Inc., the largest casual dining restaurant group in the country, said Monday that net income last year increased 38 percent year-on-year to an...
PNB 2022 net income dropped 63% on lower one-off gains
Philippine National Bank said Monday net income last year dropped 63 percent year-on-year to P11.6 billion, with the double-digit growth in total operating income not enough to cover the one-off gains from properties-for-shares swap booked in 2021.
