Philippine Business Bank completes P500M SRO
Listed Philippine Business Bank (PBB) has raised another P500 million through the sale of shares to existing shareholders to raise much needed capital in its bid to transform into a universal bank in the next two years.
‘Power interruptions likely if regulator bucks supply contract extension’
The National Grid Corporation of the Philippines (NGCP) warned of intermittent power interruptions resulting from the denial by the Energy Regulatory Commission (ERC) of its request for the extension of ancillary service (AS) agreements while the competitive selection process (CSP) is underway.
Oil prices down for second consecutive week
Local oil retailers are implementing a second rollback in fuel prices in as many weeks.
Seaoil on Monday announced a cut in the per liter price of its products by P0.85 for...
Regulators allow Megawide to sell 15M preferred shares
Megawide Construction Corp. said Monday the Securities and Exchange Commission has approved its primary offering of and certificate to sell 15 million perpetual series...
Mreit secures SEC approval of Taguig, Iloilo properties
Mreit Inc., the real estate investment trust of Megaworld Corp., on Monday secured approval from the Securities and Exchange Commission for the acquisition of office...
