Corporate
SM Prime sets P100 billion capex, declares P10 billion cash dividend
SM Prime Holdings Inc., the property development arm of the Sy Group, said Tuesday it is looking at a P100 billion for capital spending to support various programs for this year and sustain growth.
SM Prime defers coming out with its own REIT
Shopping mall operator SM Prime Holdings Inc. ruled out the establishment of its own real estate investment trust (REIT) this year citing unfavorable market conditions.
San Miguel selling P20 billion in fixed-rate bonds
Conglomerate San Miguel Corp. is selling P20 billion in fixed-rate bonds taken out of the balance of a P50-billion shelf registration lodged with the regulator.
Profitable gold miner remits P1.1 billion to the BTr
OceanaGold (Philippines) Inc. (OGPI) has remitted USD20.3 million or P1.1 billion as government share in the profitable operations of the Didipio gold and copper mines in Nueva Vizcaya and Quirino. The remittance was sent Tuesday to the Department of Environment and Natural Resources (DENR).
SEC asks Google, Apple to delete Binance app from its store
The Securities and Exchange Commission on Tuesday asked Google and Apple to remove the applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.
