Monday, 04 August 2025, 8:20 am

    Corporate

    Filinvest secures SEC nod for ₱8B capital boost

    The Securities and Exchange Commission (SEC) has approved Filinvest Development Corp. 's planned ₱8 billion preferred share offering, a move that underscores the firm’s continued drive to strengthen its capital structure and fund key operations.

    Supreme Court ruling lifts sequestration on Benguet Corp. stake

    Benguet Corp. announced that its principal stockholders—Palm Avenue Holding Co. Inc. and Palm Avenue Realty and Development Corp.—have secured a final decision from the Supreme Court lifting the sequestration of their shares in the listed mining firm.

    PLDT, IBPAP strengthen 20-year tech partnership

    In a major affirmation of the country's commitment to digital economic leadership, PLDT Enterprise and the Information Technology and Business Process Association of the Philippines (IBPAP) have renewed their strategic partnership to bolster the country’s IT-BPM industry—a key economic driver and source of global competitiveness.

    Seafront divests from Hermosa Ecozone for P325M

    Seafront Resources Corp., a publicly listed investment holding firm under the Yuchengco Group, has sold its entire 11.33% stake in Hermosa Ecozone Development Corp. for P325 million.

    Jollibee climbs to 79th on Fortune SEA 500

    The Jollibee Group advanced to the 79th spot in the 2025 Fortune Southeast Asia 500 list, climbing seven places from its 86th rank in 2024.

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