Corporate
EEI reshapes portfolio with subsidiary shuffle
EEI Corp. has greenlit two major consolidation moves aimed at sharpening its strategic focus and boosting long-term value, as the listed construction group restructures ownership across key subsidiaries.
Palawan links up with Ria for affordable overseas money transfers
The Palawan Group has partnered with Ria Money Transfer to offer low-cost outbound remittances for Filipinos abroad, including students, freelancers, and small business owners.
MPTC raises ₱20 billion from oversubscribed bond sale
Metro Pacific Tollways Corp. (MPTC) has raised ₱20 billion from its first public bond issuance, which was more than three times oversubscribed from its ₱15-billion base offer. The company will use the funds to support ongoing and future tollway projects, make new investments, and reduce existing debt.
MPIC unit acquires coconut processor Franklin Baker
Metro Pacific Coconut Holdings Corp. (MPCH), a subsidiary of Metro Pacific Investments Corporation (MPIC), has finalized its acquisition of Franklin Baker Company of the Philippines, one of the country’s oldest and largest coconut processors.
Manila Water, Rockwell launch EcoSpark sustainability program
Manila Water has partnered with Rockwell Property Management Corporation (RPMC) and Rockwell Workspaces to launch EcoSpark, a new initiative promoting environmental sustainability.
