Corporate

ACEN secures up to P15 billion credit line from Metrobank

ACEN Corp., the power generation arm of the Ayala Group, has secured loan agreements with Metropolitan Bank & Trust Co. for an omnibus credit line of up to P15 billion.

Binalot eyes overseas comeback, provincial expansion

Binalot Foods Corp., the fast-casual brand famed for meals wrapped in banana leaves, is sharpening its growth playbook as it deepens its Philippine footprint and eyes a return to overseas markets.

Land Bank sells stake in PDS to PSE

State-owned Land Bank of the Philippines has agreed to sell its 2.15 percent stake in Philippine Dealing System Holdings Corp. (PDS) to the Philippine Stock Exchange (PSE) for P80.62 million.

Monde Nissin backs FDA reforms at CanCham business forum

Monde Nissin Corp. reaffirmed its commitment to food safety and transparent regulation during a business forum organized by the Canadian Chamber of Commerce of the Philippines (CanCham) in Makati City.

SEC shuts down Seek Explore over illegal investment scheme

The Securities and Exchange Commission (SEC) has revoked the registration of Seek Explore Sports Association Inc. for selling unregistered investment products without a license.

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