Corporate

DITO names buyers of 2.2 billion shares; details wanting

DITO CME Holdings Corp. on Monday named the buyers of 2.2 billion shares it sold earlier this month to raise additional capital for the...

Manila Water unit secures P1.6B loan for capital spending in Laguna

Manila Water Co. said Monday an indirect subsidiary has secured a P1.6 billion, 10-year loan for projects within the unit’s concession area in Laguna,...

Accelerated in-store shopping fuel listed retailer units expansion in 2024

Businessman Manuel B. Villar Jr., the country’s richest individual, plans the expansion next year of the listed retail chain AllHome Corp. and grocery chain...

SEC tells reports-deficient companies to avail of amnesty program

The Securities and Exchange Commission has appealed to offending corporations and associations facing regulatory sanctions to avail of the amnesty program before higher penalties...

Phoenix financial soundness indicators worsen; P3.2B accounting error spurs review, probe

Financial soundness indicators reported by Phoenix Petroleum Philippines Inc. painted a cloudy future for the listed oil company owned by businessman Dennis Uy, with...

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