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Six-country awards body rates as excellent JFC business practices

The six-country ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards has cited local fast food giant Jollibee Foods Corp. for its adoption of sustainable, responsible, and transparent business practices.   

Samsung Performing Arts Theater interim host to CCP shows for 3 years 

Celebrations of great cultural significance should henceforth be held at Ayala Land Inc.’s Samsung Performing Arts Theater following an agreement with the Cultural Center of the Philippines to host the shows initially scheduled at the CCP.

Vista Land raises P2.9B via 3-year debt notes sale

Vista Land & Lifescapes Inc., the property development arm of the Villar Group, said Friday it raised P2.9 billion through the issuance of three-year debt notes due December 2025.

Top 3 listed banks grow loan portfolio in 4Q

BDO Unibank, Bank of the Philippine Islands, and Metropolitan Bank & Trust Co.—the largest, second and fourth largest lenders by assets, according to a central bank report—also reported improvements in their nonperforming loan ratios on the growth of the loan portfolio and the steady or lower nonperforming loans.

UnionBank raises P12B from stock rights offer; listing on Feb. 6

Union Bank of the Philippines said Friday it has completed a stock rights offer that raised P12 billion for the country’s 9th largest lender by assets.

Just in

Starlink seeks NTC nod for two data transmission roles under Konektadong Pinoy rules

Starlink Internet Services Philippines Inc. has filed applications with the National Telecommunications Commission (NTC) to operate in two key data transmission segments: Core/Backbone Network Provider and International Gateway Facility Provider.

DigiPlus turns first Brazil revenue; maps more expansion beyond Asia

DigiPlus Interactive Corp. has started generating revenues from its Brazil operations, marking a key milestone in the firm’s push beyond Asia.

Aznar Shipping earmarks P504M for 2 RoRo vessels in 2027

CEBU-BASED Aznar Shipping Corp. will invest P504 million to acquire two new roll-on/roll-off passenger vessels next year, backed by proceeds from its planned initial public offering.

Gilas Women secure Asian Games quarterfinals berth

The scoreboard says 90-73. The game, for long stretches, said otherwise.
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