Corporate
Financial regulators conclude 4th Supervisory College
The Bangko Sentral ng Pilipinas (BSP) on Friday announced the successful conclusion of the Fourth Financial Conglomerate Supervisory College, a key initiative under the Financial Sector Forum (FSF) to strengthen oversight of financial conglomerates and uphold financial system stability.
EEI enters real estate to broaden portfolio
EEI Corp., one of the Philippines’ leading construction companies, announced Friday its strategic expansion into real estate development, a major step in its evolution from a pure construction firm to a fully integrated property and infrastructure developer.
Walmart shares down as earnings miss eclipse raised outlook
Shares of Walmart were down on Thursday, closing 5 percent lower as the market focused on its second-quarter earnings missing analyst expectations instead of the better growth forecast for retail giant for the full-year.
SEC slaps ₱12M fine on Villar Land, board over delayed financial filings
The Securities and Exchange Commission (SEC) has imposed a ₱12-million fine on Villar Land Corp. (formerly Golden MV Holdings Inc.) and its 11-member board of directors for repeatedly failing to submit timely financial reports.
Security Bank expands presence in Bicol with new branch in Sorsogon City
Security Bank has expanded its footprint in the Bicol Region with the opening of a new branch in Sorsogon City, marking its 358th branch nationwide.
