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GMA Network’s social media dominates all other news, entertainment sites

GMA Network Inc. on Wednesday claimed top ranking among news and entertainment media companies in the Philippines on Facebook and TikTok, with over 24 billion combined views in the first eight months of the year, according to Tubular data.

$303M ADB loan to boost flood resilience in river basins

The Asian Development Bank (ADB) has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of climate change and disasters caused by natural hazards.

Budget airline seeks more airport slots to serve an expanding market

AirAsia Philippines on Wednesday bared eyeing additional airport slots to service more flights to Visayas and Mindanao.

Vista Land plans to raise P35B through bond sale over 3 years

Vista Land & Lifescapes Inc. said Wednesday its board approved a plan to raise P35 billion through the issuance of fixed-rate, peso-denominated bonds within three years.

San Miguel plans to raise P65B via sale of preferred shares

San Miguel Corp. is looking to raise P65 billion through the public offering of 866.7 million series 2 preferred shares within the next three...

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GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.
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