Corporate
Gokongwei Group ramps up drugs and money operation
The Gokongwei Group looks to hit it big in a drugs and money mix involving Pay&Go kiosk operator BTI Payments Philippines Inc. in a possibly potent commercial cocktail with Southstar Drug.
BDO starts offer of Sustainability Bonds, eyes initial size of P5B
BDO Unibank, Inc., the Philippines’ largest lender by assets, said Tuesday it will again issue peso-denominated fixed-rate Sustainability Bonds with a minimum aggregate issue size of P5 billion.
Philippines enacts new law that makes paying taxes easier
Philippine President Ferdinand Marcos Jr has signed into law a bill making it easier for taxpayers to pay their taxes in a bid to increase the revenue his government needs to boost infrastructure spending.
Asia wealth managers flock to Dubai as clients look to diversify
A growing number of wealth managers in Asia are setting up offices in Dubai, capitalizing on warming diplomatic ties between China and the Middle East and betting on a surge in demand from clients for geographical diversification.
MRC Allied initiates transaction marking entry into telecommunications
The board of directors at MRC Allied Inc. has green lighted the purchase of shares of stocks of Bitstar Prime Holdings Inc. meant as its entry vehicle into the information and communication technology sector.
