Corporate
FPIP named major economic driver in Batangas
The Lopez-led First Philippine Industrial Park (FPIP) and 12 of its locators have been recognized as top contributors to local taxes and employment in 2024, underscoring their key role in driving economic growth in Santo Tomas City.
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.
