IFC boosts development in Asia Pacific with record $12.2B investment
The International Finance Corporation (IFC), the World Bank Group’s private sector arm, has reported a record USD12.2 billion in investments across Asia Pacific for the fiscal year ending 30 June 2024.
Top Line gears up for P2.75B IPO as Central Visayas economy surges
Cebu-based fuel retailer Top Line Business Development Corp. is gearing up for its public debut with an initial public offering (IPO) aimed at raising up to P2.75 billion to fund its ambitious expansion in the thriving Central Visayas economy.
Security Bank 9-month profit rises 12%, boosted by strong revenue growth
Security Bank Corporation reported a 12 percent annual increase in net profit for the first nine months of 2024, posting P8.5 billion compared to P7.6 billion in the same period last year.
PAL takes flight with predictive maintenance, adopts Airbus’ S.FP+ Suite
Philippine Airlines (PAL) and its subsidiary PAL Express have signed an agreement with Airbus to implement the S.FP+ suite, a cutting-edge predictive maintenance and health monitoring solution.
JG Summit to infuse P17.1B to petrochemical unit JGSOC
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, has approved a capital infusion of up to P17.1 billion into its wholly-owned subsidiary, JG Summit Olefins Corp, to provide the necessary funding to help the petrochemical unit pay off maturing debts.
