SM Prime defers $1 billion IPO of REIT unit
There will be no initial public offering happening this year for the real estate investment trust of Sy-led integrated property developer SM Prime Holdings Inc......»»
Robinsons Land infusing P34 billion assets to RCR, expands tie-up with Meralco
Robinsons Land Corp. , the real estate firm of the Gokongwei family, plans to inject P33.92 billion worth of assets to its real estate investment trust unit RL Commercial REIT Inc.to diversify the latter’s portfolio......»»
Alternergy unit secures P8 billion for wind energy project
Renewable energy firm Alternergy Holdings Corp. borrowed P8 billion from two banks to finance the construction of a 112 megawatt wind power project in Rizal province......»»
PLDT completes P2 billion investment in Radius
PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»
Manila Water unit spends P1.15 billion for Laguna expansion
Razon-led Manila Water Co. Inc. is spending P1.15 billion to buy into the Laguna Water District Aquatech Resources Corp. (LARC), which oversees the water supply system of the Laguna Water District in the towns of Los Baños, Bay, Calauan, Victoria and Nagcarlan in the province......»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
Alliance Global injects P2.6-B into Megaworld
Megaworld clarified the recent subscription of its parent company, Alliance Global, to 1.375 billion common shares at P1.90/share to say that it is part of a plan to increase MEG’s outstanding authorized capital stock by P5.5 billion (from P40.2 billion to P45.7 billion)......»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Blackpink Lisa, RCA Records ng Sony Music sanib-pwersa para sa solo album
IBANG level at tunay nang pang-international ang isa sa mga miyembro ng Blackpink na si Lisa! Pumirma kasi siya ng partnership with RCA Records, isang American record label na pagmamay-ari ng Sony Music Entertainment. Ayon sa kumpanya, nakatakda silang ikasa ang solo album ng Korean idol na ipo-promote globally. “I’m super excited to be joining.....»»
Bills vs online piracy to be prioritized with public hearing
Two legislative measures granting additional capability to the Intellectual Property Office (IPO) in curbing online content piracy will be tackled during the recess of the Senate sessions......»»
Survey shows Dabawenyos want FPRRD to return to public service
NEARLY nine out of 10 Dabawenyos expressed a desire for former President and Mayor Rodrigo Duterte to return to public service, according to a survey conducted by the University of Mindanao Institute of Popular Opinion (IPO)......»»
IPO-bound OceanaGold to explore another Didipio
Australian-Canadian firm OceanaGold Corp. is spending $2 million this year to kick start its exploration program and find “another” Didipio mine as part of its expansion program......»»
The Daily Guardian: Reddits Planned IPO Seeks Up to $748 Millio
Reddit Inc., the popular social media platform, is gearing up for one of the largest initial public offerings of the year. The company, along with.....»»
Paolo Contis tahimik sa pagkakasibak ng noontime show sa GMA
HATAWANni Ed de Leon AYAW daw munang magsalita ni Paolo Contis ngayon tungkol sa pagkakasibak ng Tahanan nilang hindi na masaya. Noon ipinakikipaglaban niya iyong pilit pati na ang pag-angkin sa titulong Eat Bulaga, pero nabulaga sila sa desisyon ng IPO at ng Korte at ngayon nga sa naging desisyon ng GMA 7 na tuluyan nang alisin ang kasiyahan sa ….....»»
Road to IPO
The Philippine Stock Exchange hosted a forum on Feb. 28 featuring CEOs who talked about how their respective initial public offerings helped accelerate the growth of their companies......»»
GCash says IPO not yet a priority
E-wallet pioneer GCash is in no hurry to go public anytime soon, as it wants to prioritize the growth of its portfolio with the app expanding abroad......»»