Corporate

Filipino shoppers browse fashion but buy essentials during Shoppers Browse Fashion but buy Shopee 3.3 Sale

E-commerce platform Shopee reported a 19 percent increase in orders during its 3.3 sale, showing more Filipinos are joining major online shopping events.

EastWest, UA&P launch weekly economic newsletter

East West Banking Corporation (EastWest) has partnered with University of Asia and the Pacific (UA&P) to introduce Economic Watch, a weekly email newsletter aimed at helping clients better understand economic trends and make informed financial decisions.

ICTSI divests Yantai Terminal stake for P6.76B

International Container Terminal Services Inc. (ICTSI), the global port operator of billionaire Enrique Razon Jr., announced the sale of its entire 51 percent stake in Yantai International Container Terminal Ltd. (YICTL), a container port operator in China, in a transaction valued at P6.76 billion.

Top Line eyes P1.5B share offer to fund expansion

Top Line Business Development Corp. is stepping up its expansion drive while tapping capital markets, filing with the Securities and Exchange Commission for a follow-on offering of up to P1.5 billion in perpetual preferred shares.

RCR eyes rapid expansion, sees portfolio doubling in a year

RL Commercial REIT Corp. (RCR), the real estate investment trust of Robinsons Land Corp. (RLC), said it could easily double its portfolio to around 2 million square meters within the next year.

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