Wednesday, 10 December 2025, 7:26 pm

    Tag: Cebu

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    Top Line starts IPO, aims to raise P624.6M for expansion

    Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.

    Top Line in advanced talks with strategic investor

    Cebu-based Top Line Business Development Corp. is in advanced discussions with a strategic investor ahead of its upcoming initial public offering (IPO) and listing on the Philippine Stock Exchange (PSE) in early April. The company aims to raise some ₱764 million from the sale of up to 2.14 billion primary shares, priced at an indicative ₱0.38 per share.

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    DOE sees more private-led rooftop solar projects as SM Prime hits 100 MW milestone

    The Department of Energy (DOE) expects more private companies to invest in rooftop solar after SM Prime Holdings reached 100 megawatts (MW) of installed capacity across its properties.

    SEC seeks public comment on higher audit threshold

    The Securities and Exchange Commission (SEC) has released a draft rule that would raise the audit threshold for corporations to more than P3 million in total assets or liabilities. The proposal aims to cut compliance costs for micro, small, and medium enterprises.

    PH, Canada eye closer farm ties at Manila forum

    The Philippines is pushing a four-year plan to modernize its agriculture sector, focusing on better infrastructure, logistics, and irrigation, according to Agriculture Assistant Secretary Arnel De Mesa at the “Canada-in-Asia: Momentum Manila” event. Speaking on behalf of Agriculture Secretary Francisco Tiu Laurel Jr., De Mesa said reducing post-harvest losses is central to improving productivity and food security.

    Globe mobile data prices down nearly 60% since 2019

    Globe Telecom says its mobile data rates have dropped almost 60 percent since 2019, driven by stronger competition and sustained network investments. CEO Carl Cruz said the company aims to make reliable internet more accessible nationwide.

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