Megaworld, Accor team up to rebrand Manila Bay Hotel
Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.
PH keeps strong credit score as S&P affirms “BBB+” rating
The Philippines scored a major vote of confidence as S&P Global Ratings affirmed the country’s investment-grade credit rating, saying the economy remains one of Asia’s strongest despite a temporary slowdown.
Batu Ampar Port to get single operator in 2025 as modernization push speeds up
Batu Ampar Container Terminal (BACT) and Batam Terminal Petikemas (BTP), together with Interport Mandiri Utama, will take over as the single operator of the North Pier at Batu Ampar Port beginning December this year. The move is part of a major effort to modernize operations and boost Batam’s position as a regional logistics hub.
GCash IPO feature draws strong demand, expands access for small investors
GCash’s new in-app feature for buying shares in initial public offerings (IPOs) and follow-on offerings (FOOs) is gaining traction, opening fresh growth opportunities for listed companies while making the stock market more accessible to everyday Filipinos.
SEC green lights Sta. Lucia’s rental pool investments
The Securities and Exchange Commission (SEC) has approved Sta. Lucia Land Inc.’s rental pool investment offerings under the agency’s streamlined SEC RENT program, which simplifies how real estate firms register non-traditional investment products.
