Corporate
BJ Mercantile taps Thaco for PH truck, bus distribution
BJ Mercantile Inc. has partnered with Vietnam’s Thaco Auto (Truong Hai Group Corp.), officially becoming the exclusive distributor of Thaco trucks and buses in the Philippines.
ACEN boosts land-banking vehicle with P875M share subscription
ACEN Corp. has subscribed to an additional ₱875 million worth of shares in its subsidiary, Buendia Christiana Holdings Corp. (BCHC), in a move that strengthens its land acquisition vehicle for renewable energy projects.
SEC halves fees for document requests in major policy shift
The Securities and Exchange Commission (SEC) announced Thursday cuts in regulatory fees for corporate document requests by 50 percent starting July.
ABS-CBN targets return to profitability by 2026 on debt cuts, ad gains
ABS-CBN Corp. is projecting a return to profitability within the next 18 months, citing substantial debt reduction and a rebound in advertising revenue as key drivers of its financial turnaround.
Bayanihan SIM brings connectivity to GIDA communities
Globe Telecom, in partnership with the Department of Information and Communications Technology (DICT), has launched the Bayanihan SIM initiative in the remote town of Doña Remedios Trinidad, Bulacan—an early step in a broader push to deliver digital connectivity to geographically isolated and disadvantaged areas (GIDAs) across the country.
