DITO CME Holdings Corp. said Thursday it raised P2.24 billion for the funding requirements of DITO Telecommunity Corp., the third telecommunications company in the country that is owned by Davao businessman Dennis Uy.
The Department of Transportation is keeping its hands off on the impending modifications to the P125-billion Makati Subway project following the decision of the Supreme Court to transfer the 10 EMBO barangays to the jurisdiction of Taguig City.
Private equity firm Roark Capital agreed on Thursday to buy Subway, in a deal that people familiar with the matter said values the U.S. sandwich chain at up to $9.55 billion, including debt, subject to targets in its financial performance.
The Philippine government is set to purchase 2 million barrels of oil to strengthen the country’s fuel buffer stock, Department of Finance Secretary Frederick Go announced Tuesday.
PLDT Global Corporation has introduced a new digital remittance feature called ePadala under its Tindahan ni Bossing (TinBo) platform, aimed at helping overseas Filipino workers (OFWs) send money home more quickly and easily.