PH1 World Developers Inc., the property development arm of publicly-listed Megawide Construction Corp., on Tuesday took out a P500 million loan from Ayala-led Bank of the Philippine Islands for the development of its property in San Jose Del Monte, Bulacan.
Gokongwei-led Robinsons Retail Holdings Inc. on Tuesday reported core net earnings in the first half rising 12 percent to P2.64 billion from last year’s P2.36 billion.
PLDT Global Corp, (PLDT Global), the international arm of PLDT Inc., has linked up with Bru-Haas (B) SDN BHD in an international subsea connectivity agreement through the strategic use of the Asia Direct Cable (ADC) and the Apricot subsea cable systems.
The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.
The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.
Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.
FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.