Corporate

SEC green lights CPG, A.Brown preferred share sale

The Securities and Exchange Commission (SEC) has approved the preferred share offering of property developer Century Properties Group Inc. 

Panasonic resumes electric fan production at Sta Rosa plant 

Panasonic Manufacturing Philippines Corp., the locally-listed unit of Japan’s Panasonic Holdings Corp., said Tuesday it has resumed electric fan production at its facility in Sta. Rosa, Laguna, which was damaged by fire in December. 

Licensed casinos, e-games push PAGCOR net income in 2023 to P6.81B

The Philippine Amusement and Gaming Corporation booked a net income of P6.81 billion in 2023, up 53 percent from the previous year, aided by a surge in revenue due to stronger results from licensed casinos and electronic games.

Megaworld building 21st hotel in ArcoVia City, will open in 2029

Megaworld Corp. is building its second hotel in Pasig City, which the listed property development venture of tycoon Andrew Tan said Monday would likely be the tallest homegrown hotel project to date.

Didipio Mine allots P169M fund for Nueva Vizcaya, Quirino  

The Didipio Gold-Copper Mine has set aside P169 million for its Community Development Fund this year. The budget is a 24 percent increase from last year and will benefit nearly four dozen barangays in Nueva Vizcaya and Quirino.

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