Citicore Renewable Energy Corp. (CREC), a pure-play renewable energy producer in the Philippines, has filed for an initial public offering (IPO) aimed at raising as much as P12.94 billion.

PHILEX Mining Corp. announced last Tuesday of having secured a P100-million syndicated debt facility for Silangan Mindanao Mining Co. Inc., which Philex Mining refers to as the “Silangan project.”

Filinvest Development Corp., the holding firm of the Gotianun group, announced last Tuesday it filed a registration statement with the Securities and Exchange Commission (SEC) for the shelf registration of peso-denominated fixed rate bonds of up to P3...

PROPERTY developer Vista Land and Lifescapes Inc. has set the price of its interest rate for its peso-denominated fixed-rate bonds.

Metro Pacific Tollways Corp. (MPTC) may spend some $600 million in its bid to acquire a 35-percent stake in Indonesia’s Jasamarga Transjawa Tol.

Last week

Hive Health Philippines Inc., a health insurance startup, said it has acquired Health Plan Philippines Inc. (HPPI), one of the pioneers in health maintenance organization (HMO) service providers in the country.

Conglomerate SM Investments Corp. (SMIC) said it had a consolidated net income of P55.9 billion in January to September, higher by 30 percent from P42.9 billion last year.

Mindanao-based real estate developer and listed firm A Brown Co. Inc. is seeking the approval of regulators for the second tranche of its preferred shares offering worth some P1.5 billion.

Monde Nissin Corp. said its income in January to September reached P5.68 billion, flat from a year ago, as it was weighed down mostly by its veggie meat business.

Property developer Megaworld Corp. on Thursday said its income in January to September rose 39 percent to P13.5 billion from P9.7 billion last year.

Bloomberry Resorts Corp., which owns and operates Solaire Resort and Casino, on Tuesday said its income in January to September more than doubled to P8.27 billion, from last year’s P4.05 billion.

San Miguel Brewery Inc. (SMB), the beer unit of conglomerate San Miguel Corp., said its 9-month income went up by 20 percent to P19.4 billion from the previous year’s P16.16 billion.

RL Commercial REIT Inc. (RCR) on Tuesday said it generated P4.1 billion in revenues in January to September, 4 percent higher than last year’s P3.91 billion.

The Securities and Exchange Commission (SEC) has approved the shelf registration of Filinvest Land Inc. (FLI) for up to P35 billion of fixed-rate bonds.
The post FLI bond offer gets nod of SEC first appeared on BusinessMirror.

SEC chairman Emilio B. Aquino said the agency has stretched itself on the deadline of its amnesty program, which slaps a one-time fee for all the company’s penalties incurred in the submission of documents such as the general information sheet and the ...

ASK any executive today on the driving force of innovation and the most probable answer you may get is artificial intelligence.
The post Not a threat, but a tool: Experts share insights on why smart use of AI can help humans work and live better fir...

THE Securities and Exchange Commission has defended its move to increase its fees and charges, saying it made a thorough and careful study of the hike.
The post SEC defends move to raise fees, to meet business groups first appeared on BusinessMirror.

The Securities and Exchange Commission (SEC) is drafting guidelines which will ensure the consistency and uniformity of sustainability measures that will be reported by listed Philippine companies.