Corporate
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.
Roxas Holdings sought voluntary suspension on Leandro Leviste’s acquisition plan
Roxas Holdings Inc. on Monday sought the approval of the Philippine Stock Exchange to suspend trading on its shares following comments from businessman Leandro Leviste on an agreement to acquire around 71 percent of the listed company.
Gaisano’s Metro Retail 1Q net income weighed down by narrower margins
Metro Retail Stores Group Inc., the listed retail business of the Gaisano Group, said Monday first-quarter net income dropped 16 percent year-on-year to P50.3 million due mainly to narrower margins brought by lower share to business of general merchandize.
