Corporate

Globe secures P5B loan from Bank of Commerce to fund capex

Globe Telecom Inc., the telecom and financial technology company of the Ayala Group, said it has signed a P5 billion term loan facility with Bank of Commerce to support its ongoing capital expenditures, debt refinancing, and other general corporate requirements.

DoubleDragon launched P10.9B retail bond offer

Listed property developer DoubleDragon Corp. on Thursday officially launched the public offering of its 7.7% fixed-rate retail bonds, following regulatory approval from the Securities and Exchange Commission.

Home Credit builds P100 billion loan portfolio in 12 years

The consumer financing firm Home Credit has built up a loan portfolio worth P100 billion in the 12 years since its founding as industry disruptor in 2013.

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).

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