Corporate

Luna Securities bets on lower broker commission to increase market share

Luna Securities Inc., only two years old as an online stockbroker, plans to capture more of the market through commission fees lower than its peers to reduce the cost of trading for its customers.

GCash helps empower micro store owners, MSMEs in partnership with retailer Puregold

GCash lending unit Fuse has partnered with Puregold in providing sari-sari store owners and micro, small, and medium enterprises (MSME) a range of digital business solutions, including the in-app GGives for Business.

Potato Corner opens 2,000th store in SM Cebu with new format

Potato Corner, the kiosk-based food brand acquired by listed Shakey’s Pizza Asia Ventures Inc. in 2022, has expanded its store network to 2,000 outlets globally with the recent opening of a new outlet in SM Cebu. The store is operated by franchisee Por Fin Trading Corp.

US Court approves USD3 million settlement of class suit vs PLDT on capex overrun

PLDT Inc., the Philippines’ largest integrated telecommunications company, disclosed Thursday that a court in the U.S. has approved the listed company’s proposed USD3 million settlement of a class suit due to overruns in capital expenditures between 2019 and 2022.

SEC revokes Boracay Capital corporate franchise

The Securities and Exchange Commission has ordered the revocation of the primary license or incorporation of Boracay Capital Holdings Inc. for selling investment contracts without benefit of registration.

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