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SM PRIME Holdings, Inc. has appointed Steven T. Tan as the new president of its mall management unit, Shopping Center Management Corp.
DEL MONTE Pacific Ltd. is selling the shares of its Philippine unit Del Monte Philippines, Inc. (DMPI) to a Singapore-based investor for $130 million, it told the stock exchange on Monday.
THE Securities and Exchange Commission (SEC) is seeking to revise rules on financial derivatives to “improve the regulatory compliance of investment companies and their fund managers and ensure adequate protection to shareholders and unitholders.”
THE Securities and Exchange Commission (SEC) is requiring companies to submit on or before Jan. 30 certifications in relation to its new Code of Corporate Governance for Public Companies and Registered Issuers.
BUSINESSMAN Gregorio Ma. Araneta III is moving closer to start the construction of an 800-megawatt (MW) pumped storage hydroelectric facility in Pangil, Laguna as he engages with foreign firms interested to partner for the project.
THE Philippine government said it is working to resettle any affected families in case of an explosive eruption of the Taal volcano.
THE Civil Aeronautics Board (CAB) has ordered the suspension of all flights linking Wuhan, China and the Philippines to protect the country from the spread of the new flu-like virus.
LOCAL shares ended flat on Friday anud heightened worries across the globe over China’s coronavirus outbreak.
THE Philippine real estate industry is projected to attract more investors this year due to the continuous rise in demand from online gaming operators, relatively cheap leasing rates compared to other countries and new catchments from regional peers.
PHILWEB CORP. is looking to seal a strategic partnership with an online gaming operator as it expects to return to profitability this year.
THE Securities and Exchange Commission (SEC) is warning the public against investing in Billford Trading Co. and Bill Ford VIP Trading, Inc., which it found were violating the Securities Regulation Code.
THE Securities and Exchange Commission (SEC) has ordered the immediate shutdown of three more illegal online lenders found to be operating without licenses.
AYALA LAND, Inc. (ALI) said it is open for a probe of its contract with the University of the Philippines (UP) for the UP-Ayala Land Technohub project following allegations of underpayment by Malacañang.
GLOBAL-ESTATE Resorts, Inc. (GERI) is embarking on a new residential project at the boundaries of Laguna and Cavite, which it expects will raise P1 billion in sales once completed.
ROBINSONS Land Corp. (RLC) has been recognized by Bloomberg for providing a workplace that promotes gender equality and advancing women.
THE government has relaxed its requirements for real estate investment trusts (REITs) in hopes of attracting the Philippines’ first issuer nearly 11 years since the REIT law was passed.
THE government is set to sign today the amendments to the implementing rules and regulations (IRR) of the Real Estate Investment Trust (REIT) Act, which is expected to draw up REIT registrations from listed property firms.
THE HOSPITAL UNIT of Metro Pacific Investments Corp. (MPIC) came close to staging a massive initial public offering (IPO) this year worth P83.3 billion — right on the eve of implementing the Universal Health Care Law (UHC).
MEGAWORLD Corp. is building two new office towers in the Iloilo Business Park to expand its office portfolio in the urbanized city in Visayas.
FIVE YEARS AGO, Jack, a 71-year-old retired physician, bought a two-story house worth P11 million in the upland town of Alfonso in Cavite province, 16 kilometers away from one of the world’s smallest and active volcanoes -- Taal Volcano.
PEPSI-COLA Products Philippines, Inc. (PCPPI) has notified the Philippine Competition Commission (PCC) regarding the plan of majority shareholder Lotte Chilsung Beverage Co. Ltd. to increase its stake in the company.
CIRTEK Holdings Philippines Corp. has been fined by the Philippine Stock Exchange, Inc. (PSE) for violations of its disclosure rules and doing transactions during black-out period.