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PLDT is betting investors are ready to buy into one of the country’s fastest-growing infrastructure segments, filing plans for a VITRO REIT offering that could raise as much as P24.2 billion.
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Located on a 5,384-square-meter property along Eco West Drive in Davao City, the hotel is positioned about a one-minute walk from SM City Ecoland Davao. The development will offer an all-day dining HBNB Kitchen operated by a concessionaire, a fitness gym, full-size swimming pool, function and conference rooms, and a helipad.
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San Miguel Corp. is bringing its river rehabilitation program to Cebu, extending a flood-control effort that has restored some of the country’s most heavily silted waterways as communities face growing flood risks.
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GCash owner Mynt has taken the first formal step toward a landmark stock market debut, filing for an initial public offering that will test investor appetite for the Philippines’ biggest fintech success story.
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ICTSI’s relentless rise has turned it into the Philippine market’s dominant stock, making a recent rumor about its future listing plans all the more surprising.
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ABS-CBN Corp. said the Securities and Exchange Commission has served summonses on the company, a subsidiary and several top executives in connection with a complaint filed by director Federico “Piki” Lopez alleging corporate and securities law violations.
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MANDAUE CITY, Cebu — Cebuanos will be treated to a full IKEA experience when the Swedish furniture retailer opens its first Visayas branch at Ayala Malls Gatewalk in Mandaue City this December.
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Conglomerates San Miguel Corp. and Metro Pacific Investments Corp. are moving closer to combining their toll road businesses, a deal that would create a network carrying nearly 1.8 million vehicles a day across hundreds of kilometers of expressways in Luzon and Cebu.
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Filipino investors have long been seen as conservative, with many preferring to stay somewhere in the middle of the risk spectrum rather than take more aggressive positions.
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