PH, Cambodia push stronger agri ties in bilateral talks
Agriculture Secretary Francisco P. Tiu Laurel Jr. held a bilateral meeting September 9 with Cambodian Minister of Agriculture, Forestry and Fisheries Dith Tina to strengthen agricultural cooperation between the two Southeast Asian nations.
SM Prime raises $350M from oversubscribed 5-year bond offering
SM Prime Holdings Inc. has raised US$350 million through the issuance of five-year US dollar-denominated notes, marking its inaugural dollar bond issuance under the US$3 billion euro medium-term note (EMTN) program launched in May 2024.
Travellers to inject up to $450M more Into Westside City Project
Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.
SEC opens fast-track registration to foreign firms
The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.
Meralco rate down in September on lower generation costs
The Manila Electric Co., the country’s largest power distributor that serves Metro Manila and parts of neighboring provinces, said Wednesday that power rate in September will be lower by P0.1852 per kiloWatt-hour due largely to lower generation costs.
