Philippines (National)
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Vg Cabuag's coverage primarily focuses on legal and compliance, business & industry, and real estate. The articles he covers are largely announcements, press releases, and expert commentary related to businesses, investments, companies' activities, SEC (Securities and Exchange Commission), and the real estate industry.
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PUERTO Princesa, Palawan—DMCI Mining Corp. expects some P1.52 billion in revenues from its new mine site in Longpoint Nickel mining project in Aborlan in Palawan, and then doubling the production every year until at least in 2028. The company said it projects to have P3.06 billion from the mine site…
THE Securities and Exchange Commission (SEC) has approved the initial public offering (IPO) of Mynt Inc., the operator of the electronic wallet GCash app, for up to P92.32 billion, which would be the country’s biggest offering to date. Mynt will be the first company to take advantage of the SEC’s…
THE Gotianun-led East West Banking Corp. has priced its stock rights offering at P10.80 to P11.05 per share, with a par value of P10 apiece. Under the proposed transaction, eligible shareholders as of the record date of November 19, will be entitled to subscribe to one rights share for every…
PHILIPPINE corporate leaders are not simply preparing for a single disruption as they are learning to navigate multiple shifts simultaneously, according to the 2026 Philippine CEO Survey. Philippine CEOs, the study said, need to steer their company through rough waters as a result of the war in the Middle East,…
Berong Nickel Corp. (BNC), a unit of DMCI Mining Corp., is nearing completion of the rehabilitation of the depleted Berong Mine in Palawan, with only 13 percent of the mined-out areas remaining idle. “We measure our success by the forests we rebuilt, lives we empowered, communities we left stronger, and…
SM Prime Holdings Inc. on Wednesday said it signed an expansion lease with Visa Inc. to double its office footprint at the SM Mall of Asia Complex in Pasay as it grows its Philippine operations. Visa is relocating from approximately 4,000 square meters at Five E-com Center to a 9,000-square-meter…
Campos-led Del Monte Pacific Ltd. (DMPL) nearly tripled its net income during its fiscal first quarter ending July 31 to $16.11 million (about P1 billion) from the previous year’s $5.5 billion on higher international sales. Sales for the period grew 9 percent to $222.05 million from the previous year’s $203.72…
Mid-sized lender Security Bank Corp. on Thursday said it is targeting to return to the benchmark Philippine Stock Exchange index (PSEi) at least in the next three years. Victor Lee Meng Teck, the company’s president and CEO, said the bank will have to grow its returns consistently over the three-year…
A general manager of IBM Philippines and president of Vivant Corp. have been voted as the new trustee of Philippine Business for Social Progress, a business-led non-government organization. The group said they voted Leo L. Capinpin, country GM and technology leader of IBM Philippines, and Emil Andre M. Garcia, president…
The owner and the finance manager of Dermacare, which operates dozens of skin, hair and wellness centers in the country, were arrested in connection with criminal cases involving alleged unauthorized investment solicitation, investment fraud and syndicated estafa. The Securities and Exchange Commission (SEC), along with the Criminal Investigation and Detection…
