DOTr commits to complete Manila’s P488-billion subway project in 5 years
The Department of Transportation (DOTr) on Wednesday projected completing the Metro Manila Subway Project (MMSP) right on schedule and be fully operational by 2029.
Country Builders rebrands as ‘Top Bank’
Country Builders Bank, Inc. on Tuesday bared a new image and has rebranded as Top Bank Philippines, Inc. (A Rural Bank). Its reinvention marks the start of a new era defined by its commitment to exceptional service.
Bright Kindle subsidiary acquiring mining firm in P5 billion deal
Investment holding company Bright Kindle Resources & Investments Inc. said Wednesday it subsidiary, Brightstar Holdings and Development Inc., will acquire Strong Built (Mining) Development Corp. in a transaction valued at P5 billion.
Brightstar Holdings will issue new common shares and assets to shareholders of Strong Built, which mines magnetite sand in mining claims in several towns of Leyte.
Higher buying price allows exponential NFA palay inventory boost
The decision of the National Food Authority (NFA) Council to raise the palay buying price has allowed the agency to exponentially increase its palay inventory in only a month.
FEU sets aside P2.17 billion for capital expenditures, expansion projects
Far Eastern University Inc., a listed education institution, said its board approved the appropriation of P2.17 billion of retained earnings for various projects and investments.
