Tag: GSIS

The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.

Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.

Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion. 

In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.