Corporate
MPIC sets over P200B spending plan, driven by solar project
Metro Pacific Investments Corp. (MPIC) has earmarked more than P200 billion for capital spending this year, about 5 percent higher than last year’s P190 billion, mainly to fund a major solar energy project.
Filipino shoppers browse fashion but buy essentials during Shoppers Browse Fashion but buy Shopee 3.3 Sale
E-commerce platform Shopee reported a 19 percent increase in orders during its 3.3 sale, showing more Filipinos are joining major online shopping events.
EastWest, UA&P launch weekly economic newsletter
East West Banking Corporation (EastWest) has partnered with University of Asia and the Pacific (UA&P) to introduce Economic Watch, a weekly email newsletter aimed at helping clients better understand economic trends and make informed financial decisions.
ICTSI divests Yantai Terminal stake for P6.76B
International Container Terminal Services Inc. (ICTSI), the global port operator of billionaire Enrique Razon Jr., announced the sale of its entire 51 percent stake in Yantai International Container Terminal Ltd. (YICTL), a container port operator in China, in a transaction valued at P6.76 billion.
Top Line eyes P1.5B share offer to fund expansion
Top Line Business Development Corp. is stepping up its expansion drive while tapping capital markets, filing with the Securities and Exchange Commission for a follow-on offering of up to P1.5 billion in perpetual preferred shares.
