Filinvest Land Inc., the listed property development arm of the Gotianun Group, has successfully tapped the bond market and raised P12 billion to fund capital expenditures and refinance debt. FLI issued 5-, 7- and 10-year peso fixed-rate retail bonds, which are PRS Aaa-rated by the Philippine Rating Services Corp. for their outstanding quality and minimum risk. The bonds were listed on the Philippine Dealing and Exchange Corp. (PDEx). This is the second tranche of FLI’s 2023 bond shelf-registration.
The Philippine Exporters Confederation, Inc. (PHILEXPORT) hailed a sweeping 6-3 decision by the United States Supreme Court striking down former President Donald Trump’s “reciprocal” tariffs, calling it a decisive lift of an unfair burden on Philippine exporters.
Newly-merged Honda Philippines, Inc. (HPI) is accelerating its manufacturing push, unveiling a major expansion in motorcycle engine components as it doubles down on its long-term commitment to the Philippine market.
Recovery in the Visayas is still a work in progress, but property developer Cebu Landmasters Inc. is ensuring resilience is built into that recovery, not treated as an afterthought.