Corporate

SEC creates fast lane for energy firms raising capital

The Securities and Exchange Commission (SEC) has put in place a streamlined process for energy firms to raise capital quickly through the stock market...

CDC drops MCWMC for Razon-led Prime Infra unit PWS Pampanga

Clark Freeport – Clark Development Corp. (CDC) has refused to renew the service contract with Metro Clark Waste Management Corp. (MCWMC) that expired on Saturday, 5 October this year.

Globe director Jaime Alfonso Antonio Zobel named to DTI investments promotions body

Globe Telecom Inc., the telecommunications and financial technology arm of the Ayala Corp., said Friday its board member, Jaime Alfonso Antonio Zobel de Ayala, has been appointed to an investment promotion panel of the Department of Trade and Industry.

DFNN board approves capital-raising exercise to fund expansion, pay debt

DFNN Inc., a listed information technology firm, said Friday its board has approved a P45-million capital-raising initiative through the private placement of additional shares to Nautilus International Management Corp. and Asia Defense and Armament Corp.

Figaro secures PEZA greenlight to operate Binan pizza factory

Publicly-listed Figaro Coffee Group Inc. unit Figaro Innovation and Development Inc. on Thursday secured the Philippine Economic Zone Authority greenlight to begin production at its pizza facility in Binan, Laguna.

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