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.
The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.
The Philippines has the highest level of consumer optimism in e-commerce across Southeast Asia, according to Blackbox Research’s new Insight Report, “The Next Leap for E-Commerce in Southeast Asia.”
Environment Secretary Raphael P.M. Lotilla on Wednesday reaffirmed the country's drive toward responsible, tech-powered mineral development as global demand surges for critical resources needed in a low-carbon economy.
Alliance Global Group Inc. (AGI) is looking to raise as much as P27.7 billion through a warrant sale and the eventual exercise of those warrants into common shares, as the conglomerate seeks to strengthen its balance sheet and ramp up real estate investments.