Corporate
Loan aggregator partners with SME-oriented finance company
FundSpace, a homegrown loan aggregator under 917Ventures, has partnered with Global Dominion Financing, Inc. (GDFI) to provide financing solutions to small and medium enterprises...
Meralco invests P280M for new switching station for Metro Manila Subway
Manila Electric Co., the largest power distributor in the country, said Monday it is investing P280 million to develop a new switching station to ensure stable power supply for the Metro Manila Subway project, the country’s first underground train system.
STI Holdings 6-month earnings surge on strong enrollment growth
STI Holdings Inc., the listed owner of the largest private school network in the country, reported net profit in the six months to December more than doubled to P517.8 million from P223.2 million in the year-earlier period, bolstered by strong enrollment growth.
Residual assets sale could generate as much as $400 million for Ayala Corp.
Ayala Corp. could generate between $350 million to $400 million from the divestment of water and railway assets it no longer controls.
The amount, Ayala...
PSE begins VWAP trading in March
The Philippine Stock Exchange Inc. will begin volume weighted average price (VWAP) trading on March 1.
This comes after the Securities and Exchange Commission approved...
