by Ruelle Castro | Oct 10, 2024 | Business, Enterprise
The Department of Budget and Management (DBM) said spending for infrastructure for the year is on track as government works to hit growth targets. The DBM, however, said the proposed infrastructure budget for next year is a bit lower than this year. In a...
by Ruelle Castro | Oct 10, 2024 | Business, Corporate Business
THE Republic of Korean is funding parts of the Laguna Lakeshore Road Network Project as well as other infrastructure projects in Samar and Western Visayas. Finance Secretary Ralph Recto and Korea’s Deputy Prime Minister and Minister of Economy and Finance Choi...
by Ruelle Castro | Oct 10, 2024 | Business, Corporate Business
THE Securities and Exchange Commission (SEC) has approved the P3.16-billion initial public offering (IPO) plan of Cebu-based fuel retailer Top Line Business Development Corp. The company is looking to offer to the public an initial 3.68 billion primary shares and...
by Ruelle Castro | Oct 10, 2024 | Business, Corporate Business
DoubleDragon Corp. is looking to raise P30 billion through a bond sale up until 2026. “Given the current downtrend in the interest rates, the company expects to issue these retail bond offerings in at least three tranches at 5- to 7-year tenors with rates...
by Ruelle Castro | Oct 10, 2024 | Business, Corporate Business
Filinvest Land Inc. has opened its second mall in the Visayas, a 3,759-square-meter (sq.m.) retail hub “poised to become the city’s premier destination for everyday conveniences and special occasions.” Filinvest Malls Dumaguete is situated at Flores avenue...