Corporate

SM Prime income rises 37% in nine months

Shopping mall operator SM Prime Holdings Inc. said its income in the nine months to September rose 37 percent to P30.1 billion from last year’s P22 billion.

DigiPlus attributes earnings surge to strong gains in digital gaming ventures

DigiPlus Interactive Corp., a listed online gaming group, said Monday its net income in the first nine months surged more than tenfold to P2.1 billion, driven by a surged in its digital retail gaming business, the launch of new game offerings, and improved cost efficiencies.

Didipio mines seen exceeding gold output guidance this year

Multinational mining firm OceanaGold Corp. projects gold output at its copper-gold mine in Didipio, Nueva Vizcaya to exceed guidance this year.

SEC reports frenetic corporate registration in 2022

Company registration at the Securities and Exchange Commission (SEC) hit a record high last year. It reported 42,926 corporate registrations, 13 percent higher than only 38,052in 2021, a record high in the agency’s 85-year history. In 2021, the number of company registrations jumped 67 percent as the business sector started to recover from the pandemic in 2020.

Elon Musk asks court to reject SEC’s bid to make him testify in Twitter probe

Elon Musk asked a federal judge on Thursday not to force him to testify in the U.S. Securities and Exchange Commission's probe into his $44 billion takeover of social media site Twitter.

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