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Fruitas Holdings completes P200 million private placement

Fruitas Holdings Inc., a listed operator of multi-format food and beverage stores, has successfully completed a maiden private placement of corporate notes that raised P200 million for working capital and other corporate purposes.

New rules let go of securities brokers minimum commission

The Securities and Exchange Commission has removed the minimum amount of commissions that stockbrokers charge their customers as part of efforts to perk up the stock market.

Filreit rejects asset acquisition at this time when stock prices have yet to improve

Filinvest REIT Corp., the real estate investment trust of the Gotianun group, on Wednesday ruled out acquiring more assets at this time when the equities market has yet to recover and stock prices have yet to improve.

SPNEC under MVP in 2023 posted profits reaching P5.7 billion

SP New Energy Corp. (SPNEC), the listed renewable energy company now chaired by Manuel V. Pangilinan, reported net income of P5.7 billion in 2023.

Fraud-linked mobile numbers purged from Smart

Smart Communications Inc. on Wednesday bared blocking over 13 million spam text messages  and blacklisted nearly 200,000 mobile numbers linked to phishing activities in the first quarter of 2024. 

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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