Corporate
MPTC eyes major fundraise ahead of strategic merger with San Miguel Tollways
Metro Pacific Tollways Corp. (MPTC) is set to raise between P30 billion and P50 billion this year to fund its ongoing expansion initiatives, ahead of a proposed merger with the tollway business of San Miguel Corp. (SMC).
Maynilad IPO in the Works – MVP
Maynilad Water Services Inc., the West Zone water concessionaire, is in talks with banks for its planned initial public offering (IPO) on the Philippine Stock Exchange, as part of its mandatory listing requirement by 2027.
Filinvest REIT reports 13% growth in new leases amid pre-termination adjustments
Filinvest REIT Corp., the real estate investment trust of the Gotianun group, reported a 13 percent increase in new leases for the first nine months of 2024, largely driven by multinational firms expanding operations at Northgate Cyberzone in Alabang.
Jollibee Group expands into artisan pastry market with Tiong Bahru Bakery’s Philippine debut
The Jollibee Group continues its strategic expansion into new culinary territories by launching the first Philippine branch of Tiong Bahru Bakery, marking the brand’s entry into the premium viennoiserie and handmade pastry market.
Boeing deliveries fall short in 4Q, hurt by workers’ strike
Boeing had a rough day in the market after revealing Tuesday that its fourth-quarter deliveries fell short of expectations—an indelible mark left by a two-month workers' strike, the first for the troubled plane maker in 16 years.
