Corporate

Pacific Online Systems Corp., a listed developer and manager of online computer systems, terminals, and software for the Philippine lottery industry, has entered into an investment agreement with software provider HHR Philippines Inc. (HHRPI) to acquire a 37.5 percent stake in the company.

D.M. Wenceslao & Associates, Inc. (DMW) has secured a prestigious position in the 91st percentile of the S&P Global Corporate Sustainability Assessment (CSA) for the real estate sector, placing the Philippine Stock Exchange-listed company among the top 9 percent of real estate firms globally.

The Chamber of Mines of the Philippines (COMP) and the Philippine Nickel Industry Association (PNIA) have raised concerns over the potential economic fallout of Senate Bill 2826, which seeks to ban the export of raw ore unless processing plants are built within five years.

The Philippine Stock Exchange (PSE) has reached a revised agreement with the Bankers Association of the Philippines (BAP) to purchase a smaller stake in the Philippine Dealing System Holdings Corp. (PDS), a key player in the country’s fixed income market.

Cebu-based fuel retailer Top Line Business Development Corp. posted a record P90.5 million net income in the first nine months of 2024, more than double its performance from the same period in 2023.