Corporate
Philex needs $200M to immediately ramp up output at Silangan project
Philex Mining Corp. continues to look for investors that with at least $200 million to fund a significant ramp up ore production at its Silangan project in Mindanao scheduled to start producing gold and copper in the first quarter of 2025, the president of the country’s largest gold and copper producer said Tuesday.
Personal computer retailer operates out of new Manila headquarters
Upson International Corp, a retailer of personal computers and information technology products, on Tuesday said its new warehouse in Manila operational by year's end will support its growing customer base in Metro Manila and neighboring provinces.
GT Capital to redeem P4.8B perpetual preferred shares
GT Capital Holdings Inc. said Tuesday it secured board approval to redeem its series A perpetual preferred shares on 27 October at the shares’ issue price of P1,000, which means the company will have to shell out P4.80 billion for the redemption exercise.
Agrinurture completes acquisition of Australian firm
Agrinurture Inc., the agro-commercial business arm of businessman Antonio Tiu, on Monday completed the acquisition of Australian firm Freshness First Pty Ltd.
PAGCOR begins transition to regulation-only status
The Philippine Amusement and Gaming Corp. is transitioning to a purely regulatory body from its current role as both regulator and operator of the gaming business, PAGCOR chairman and chief executive officer Alejandro H. Tengco, said.
