Corporate
Manulife appoints new COO
Manulife Financial Corp., the local arm of insurer The Manufacturers Life Insurance Co., has appointed Rachel Marie Vizcarra as its new chief operations officer. Vizcarra has over 25 years of experience in the insurance industry, particularly in operations and business transformation.
Ramon Villavicencio to leave San Miguel board on July 31
San Miguel Corp., one of the largest diversified companies in the country, said Tuesday that Ramon Villavicencio has resigned as director of its board.
Vista Land eyes USD500 million from 5-year bond issue of unit VLL International
VLL International Inc., a unit of Vista Land & Lifescapes Inc., is looking to raise at least USD500 million from the issuance of five-year senior unsecured fixed-rate notes by 29 July.
Vista Land plans sale of $300 million fixed rate bonds later this month
Property developer Vista Land and Lifescapes Inc. may issue a $300 million in senior unsecured fixed-rate notes, which will come from its $2 billion medium term note program.
Atlas Mining 1H earnings gets boost from higher metal prices, more shipments
Atlas Consolidated Mining and Development Corp. said Monday higher copper and gold prices bolstered its financial results in the first half of 2024, with net income surging to P2.07 billion from P803 million in the year-earlier period,
Atlas Mining posted first-half revenues of P12.47 billion, a 23 percent increase on higher metal prices.
