Corporate
Phinma cement unit buys all of Petra Cement
Philcement Corp., a unit of conglomerate Phinma Corp., on Tuesday signed a share purchase agreement to buy all of Petra Cement Inc.
Ayala Land, unit Westview raise P3.18 billion from sale of ARIET shares
Ayala Land Inc. said Tuesday that in tandem with wholly-owned subsidiary, Westview Commercial Ventures Corp., it raised P3.18 billion from the sale of shares in AREIT Inc., the first listed real estate investment trust on the Philippine Stock Exchange.
SM Markets to open 10-15 new stores in 2024 as part of regional expansion
SM Markets, a part of the SM Group, plans to open 10 to 15 new stores this year in the provinces, expanding its store network to over 350, with seven in every 10 located outside the National Capital Region.
Electronic games drive Philippine gaming industry revenue higher in 1Q—Pagcor data
The Philippine Amusements and Gaming Corp., the government-owned corporation in charge of licensing games of chance, appears to have made a good bet in allowing the expansion of electronic games, which mainly includes eCasinos and sports betting.
Nexgen raising P579.6 million via IPO
Nexgen Energy Corp., a renewable energy developer focused on wind and solar energy, plans generating as much as P579.6 million from a proposed initial public offering (IPO) at the Philippine Stock Exchange.
