Corporate
Megawide to settle Citicore advances
Megawide Construction Corp. has signed an agreement to settle its receivables from Citicore Power Inc. (CPI) through a share transfer deal involving Citicore Renewable Energy Corporation (CREC).
SM Investments lauded for sustainability in TIME, Statista list
SM Investments Corp., the flagship holding company of the SM Group, has again been named to TIME and Statista’s “World’s Best Companies 2025”list, recognized for its strong performance in sustainability, financial growth, and employee satisfaction.
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.
