Corporate
PH economic progress highlighted at 2025 Pulse of Asia Conference
Frederick Go, Special Assistant to the President for Investment and Economic Affairs, highlighted in Singapore the country’s economic achievements and progress that helped solidify its position as a top investment destination in Southeast Asia.
PSE raises PDSHC stake to 59.53% with AIA deal
The Philippine Stock Exchange Inc. (PSE) said on Monday that it has closed an agreement with AIA Philippine Life and General Insurance Co. for the acquisition of the latter’s stake in Philippine Dealing System Holdings Corp.
DoubleDragon launches P10 Billion bond offering
DoubleDragon Corp. has officially received approval from the Securities and Exchange Commission for its 7-year peso retail bond offer that is expected to raise up to P10 billion for the listed property developer and hospitality firm.
Emperador expands into Mezcal with acquisition of Destileria Los Danzantes
Emperador Inc. has made a strategic move into the mezcal market with the acquisition of a 60 percent stake in Mexico’s Destileria Los Danzantes S.A. de C.V. for 80 million Mexican pesos (approximately P226 million).
Unlicensed investments disguise as e-commerce opportunity
The Securities and Exchange Commission (SEC) has filed a criminal complaint against New Seataoo Corp. and Seataoo Information Technology OPC for soliciting public investments without the required license. The complaint, submitted to the Department of Justice, also implicated several key individuals, including officers Anna Rose Jangao Tero, Jonathan Tuazon Garcia, and others associated with the company.
