Corporate

SEC asks Google, Apple to delete Binance app from its store 

The Securities and Exchange Commission on Tuesday asked Google and Apple to remove the applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.

Megaworld to invest P500 million from sale of MREIT shares in 3 townships 

Megaworld Corp., the property development arm of tycoon Andrew Tan, said Tuesday it plans to invest the P500 million it raised from the sale of MREIT shares in its township projects in Bacolod, Cebu and Pasig.

Jollibee declares P1.29 billion cash dividend for shareholders on record May 9

Jollibee Foods Corp., the country’s largest fast food chain, said Tuesday it declared a cash dividend worth a total P1.29 billion.

Construction business drives Megawide earnings back in the black

Megawide Construction Corp. said Tuesday that robust growth in its construction business helped it book a P269 million net profit last year, a sharp reversal from the P1.87 billion loss it recorded in 2022.

Suntrust board approves $38 million loan from LET Group

Suntrust Resort Holdings Inc., co-developer of the Westside City Resorts World project at the Entertainment City, has obtained a 10-year USD38 million loan from China's LET Group Holdings Ltd.

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