Corporate
Southeast Asia’s 500 largest money makers include San Miguel Corp.
Some of the country's largest and most profitable corporations made it to the prestigious Fortune Southeast Asia 500 list of elite businesses but only the conglomerate San Miguel Corp. ranked among the top 10 money-making machines in the region.
Ayala Land buys out Aboitiz Land, Aboitiz Equity from Cebu Real Estate project
Ayala Land Inc., the country’s largest property developer, said Tuesday it signed a deal to acquire the combined 50 percent stake of Aboitiz Land, Inc. and Aboitiz Equity Ventures Inc. in Cebu District Property Enterprise Inc.
Wilcon to hit 100-store network by end 2024, a year ahead of schedule
Despite a slowdown in 2023, Lorraine Belo-Cincochan, president of Wilcon Depot Inc., expressed confidence in the prospects of the home improvement business.
San Miguel launches P20 billion retail bond offer Tuesday
San Miguel Corp., a prominent diversified investment holding company, announced on Tuesday that it has secured regulatory clearance to launch an offering of up to P20 billion worth of fixed-rate retail bonds.
Government eyes water district-managed water refilling stations to lower cost
The government is seriously considering allowing the various water districts to operate refilling stations of their own to help bring down the cost of the commodity at the retail level, the Department of Environment and Natural Resources (DENR) said on Monday.
