Corporate
Philippine Business Bank P500M rights offer starts Friday
Philippine Business Bank Inc. will start on Friday a 10-day stock rights offer that would raise P500 million for the listed savings bank.
Megaworld sets aside P55 billion in capex this year
Megaworld Corp., the property development arm of tycoon Andrew Tan, has set aside P55 billion in capital expenditures this year, 19 percent higher than last year’s P46 billion.
Ginebra reports spirited 2022 income despite headwinds
Ginebra San Miguel Inc., the conglomerate’s liquor maker, reported record net income of P4.5 billion last year, 9 percent higher than the previous year’s P4.17 billion.
Deep social, economic costs cited in Phl failure to hurdle learning metrics
The country’s performance at the inaugural Philippine learning-loss survey has deep social and economic costs the extent of which is feared to tell not only on the quality of higher education graduates down the line but on their employability as well.
Gold production in Nueva Vizcaya satisfactory although copper not as hot
Multinational OceanaGold Corp. projects improved gold production but roughly unchanged copper output this year from its mining operations in Didipio, Nueva Vizcaya.
