Corporate

Fernando Zobel returns as BPI director, replaces Romeo Bernardo who joins BSP

After a 16-month absence due to medical reasons, Fernando Zobel de Ayala is back on board as director of the Bank of the Philippine Islands.

Philrealty secures P3.8B project loan, P610M of credit lines from PBCom

Philippine Realty and Holdings Corp. said Thursday it secured a P3.8 billion loan from Philippine Bank of Communications that will be used to partly finance the construction of the Casa Unico project.

“Aboitiz Power will remain a listed company”

Aboitiz Power Corp. on Wednesday brushed aside notions of delisting from the Philippine Stock Exchange (PSE) with the purchase of 11,407,500 of its own shares on Tuesday. 

MPIC tender offer hits 97%

The consortium taking conglomerate Metro Pacific Investments Corp. back to private hands has bought more than 97 of the company’s total issued and outstanding shares, enough for its delisting at the Philippine Stock Exchange. 

Century Pacific expects steady growth for unMeat, adds Australia as market

Century Pacific Food Inc. continues to expand its plant-based alternative meat products foot print by securing a deal that makes its “unMeat” brand available in Australia’s largest super market chain Woolworths and making available additional lines in U.S. supermarket chain Walmart.

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