Corporate
Paterno chairs US-based convenience store group
Jose Victor Paterno, president and CEO at Philippine Seven Corp, is elected chairman of the National Association of Convenience Stores (NACS) based in Alexandria, in the United States.
Harbour Star in shipyard JV with Malaysian firm Kaibuok
Habour Star Shipping Services Inc. said Monday it secured the approval of Securities and Exchange Commission for the incorporation of Kiabuok Star Shipyard Inc., a joint venture with with Malaysia’s Kaibuok Shipyard Sdn. Bhd.
MREIT spent P1.05B of private placement funds over 3 months
MREIT, the listed real estate investment trust of property developer Megaworld Corp., said it spent for various projects a total P1.05 billion over the last three months, with the bulk of the amount going to Northwin Global City, a sprawling mixed-used development in Bulacan.
Proponent hopes to rekindle aborted Boracay casino project
The company behind the aborted development of a casino in Boracay Island in Aklan said talks with its Chinese partner continues in a bid to put the project back on track.
SEC: We are not anti business
Securities officials failed in meeting the various business organizations on Thursday but came away from the aborted session proclaiming their pro-business leanings, in contrast to claims that the Securities and Exchange Commission (SEC) is anti-business.
