Corporate

A. Brown cleans house, refocuses core bets

A. Brown Co. Inc. is cleaning up its portfolio, with its board approving one-time, non-cash impairment provisions on non-core investments and assets as the investment holding firm sharpens its focus on profitable core businesses.

Foundever Philippines brings solar power to Aeta school in Zambales

Foundever® in the Philippines donated solar panels and essential supplies to Judd Hendricks Memorial Aeta Integrated School in Zambales, supporting education and sustainability in an indigenous community.

ACEN secures up to P15 billion credit line from Metrobank

ACEN Corp., the power generation arm of the Ayala Group, has secured loan agreements with Metropolitan Bank & Trust Co. for an omnibus credit line of up to P15 billion.

Binalot eyes overseas comeback, provincial expansion

Binalot Foods Corp., the fast-casual brand famed for meals wrapped in banana leaves, is sharpening its growth playbook as it deepens its Philippine footprint and eyes a return to overseas markets.

Land Bank sells stake in PDS to PSE

State-owned Land Bank of the Philippines has agreed to sell its 2.15 percent stake in Philippine Dealing System Holdings Corp. (PDS) to the Philippine Stock Exchange (PSE) for P80.62 million.

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