Corporate
SM Prime raises $350M from oversubscribed 5-year bond offering
SM Prime Holdings Inc. has raised US$350 million through the issuance of five-year US dollar-denominated notes, marking its inaugural dollar bond issuance under the US$3 billion euro medium-term note (EMTN) program launched in May 2024.
Travellers to inject up to $450M more Into Westside City Project
Travellers International Hotel Group Inc., led by businessman Andrew Tan, will invest an additional $300 million to $450 million to complete the Westside City integrated resort and casino in Entertainment City, Parañaque.
SEC opens fast-track registration to foreign firms
The Securities and Exchange Commission (SEC) has broadened the scope of its One Day Submission and Electronic Registration of Companies (OneSEC) platform to allow registration of corporations with foreign equity, as part of ongoing efforts to enhance regulatory efficiency and improve the business climate.
New water system unveiled in Basilan
The Manila Water Foundation, Metrobank Foundation, Zuellig Family Foundation, and local government partners launched a new water system in Barangay Bohelebung, Tipo-Tipo, Basilan.
Detained mining exec scores legal victory against immigration bureau
Global Ferronickel Holdings Inc. (FNI) announced that its detained chairman, Joseph Sy, has secured another legal victory after a Taguig Regional Trial Court (RTC) granted his urgent motion for release despite ongoing deportation proceedings initiated by the Bureau of Immigration (BI).
