Corporate
Profitable gold miner remits P1.1 billion to the BTr
OceanaGold (Philippines) Inc. (OGPI) has remitted USD20.3 million or P1.1 billion as government share in the profitable operations of the Didipio gold and copper mines in Nueva Vizcaya and Quirino. The remittance was sent Tuesday to the Department of Environment and Natural Resources (DENR).
SEC asks Google, Apple to delete Binance app from its store
The Securities and Exchange Commission on Tuesday asked Google and Apple to remove the applications operated by cryptocurrency giant Binance in app marketplaces accessible in the Philippines.
Megaworld to invest P500 million from sale of MREIT shares in 3 townships
Megaworld Corp., the property development arm of tycoon Andrew Tan, said Tuesday it plans to invest the P500 million it raised from the sale of MREIT shares in its township projects in Bacolod, Cebu and Pasig.
Jollibee declares P1.29 billion cash dividend for shareholders on record May 9
Jollibee Foods Corp., the country’s largest fast food chain, said Tuesday it declared a cash dividend worth a total P1.29 billion.
Construction business drives Megawide earnings back in the black
Megawide Construction Corp. said Tuesday that robust growth in its construction business helped it book a P269 million net profit last year, a sharp reversal from the P1.87 billion loss it recorded in 2022.
