Corporate
Megaworld COO promoted as president
The board of Megaworld Corporation, the property development arm of Andrew L. Tan, has appointed Lourdes T. Gutierrez-Alfonso as its president, effective immediately.
SM Prime lists initial P25 billion tranche of fixed-rate retail bonds
SM Prime Holdings, Inc., one of the largest integrated property developers in the country and part of the SM Group, has listed its P25 billion fixed-rate retail bonds at the Philippine Dealing and Exchange Corp.
Election spending, tourism-related activities seen boosting Shell Pilipinas bitumen business
Shell Pilipinas Corp. on Monday said its bitumen business is seen posting double-digit growth this year on the back of heightened activities related to the upcoming election of national and local officials and on the sustained pursuit of the government's Build Better More program.
Casinos, integrated resorts drive Philippine tourism growth–PAGCOR exec
An executive of the Philippine Amusement and Gaming Corp. (PAGCOR), the state agency in charge of licensing casinos and other games of chance, highlighted the role of integrated resorts and casinos in driving local tourism and fostering economic growth across various sectors.
Emperador budgets P6.5 billion for capital spending in 2024
Emperador Inc., a leading player in the global brandy and whisky industry, said Monday it has budgeted P6.5 billion for capital expenditures for this year.
