Vegetable oil exporter ventures into coconut oil refining meant for the EU market
Ares Merchants Philippines Inc. (AMPI), a leading supplier of vegetable oils in the Philippines, targets to export $2.768 billion worth of coconut oil over 10 years from 2025 to 2035.
Security Bank ends bond offer early as demand surges; listing set Aug 20
Security Bank Corp., the country’s 8th largest lender by assets, said Tuesday it has concluded its bond offering period ahead of schedule due to overwhelming demand and favorable market conditions. The bond offer was originally scheduled to close on August 13.
Emperador reports strong 2Q performance amidst global challenges
Emperador Inc., a leading global brandy and whisky conglomerate, has reported a significant increase in revenue and net profit in the second quarter, reflecting...
Del Monte Pacific secures USD210 million financing to boost U.S. unit liquidity
Listed food company Del Monte Pacific Ltd. said Tuesday that its U.S. subsidiary, Del Monte Foods Inc., completed a new financing arrangement to enhance its liquidity and operational flexibility.
DMCI Holdings 2Q net income drops 32 percent on weaker subsidiary performances
DMCI Holdings, a diversified engineering conglomerate, said Tuesday second-quarter net income dropped 32 percent to P5.5 billion due largely to weaker performance of its integrated energy, real estate, and nickel mining subsidiaries, despite some improvement posted by its water, off-grid power, and construction units.
