Venture Capital Funding
The country’s largest conglomerate, SM Investments Corp. (SMIC), is raising P5.6 billion through the issuance of debt notes to selected institutional investors. The 18-month fixed-rate notes were priced to yield…
A deal back in 2018 made by property developer Philippine Realty and Holdings Corp. (Philrealty) to take over some real estate assets of affiliate Meridian Assurance Corp. (MAC) has been…
Manila Water Co. Inc. is considering issuing US dollar-denominated “sustainability bonds” abroad, intended for refinancing debt and funding their capital expenditure for this year and next. Manila Water made the…
Ayala Land-sponsored AREIT Inc., the first real estate investment trust (REIT) to debut on the local stock exchange, has priced its initial public offering at P27 per share. This finalizes…
DUBAI — Long-haul carrier Qatar Airways said Wednesday it launched international arbitration seeking at least $5 billion from four boycotting Arab countries for blocking its flights from their airspace and…
Passengers wearing masks arrive at Jeju International Airport. (Yonhap) SEOUL — In the midst of the coronavirus pandemic, traffic for the world’s busiest air route between Seoul and Jeju fell…
Deputy Prime Minister and Finance Minister Hong Nam-ki. (Yonhap) SEOUL — South Korea on Wednesday unveiled a set of revised taxation rules aimed at better dealing with the widening economic…
MANILA, Philippines – ABS-CBN Corp. is permanently closing down the KidZania Manila children’s theme park in Bonifacio Global City by the end of August 2020, ending a five-year run. The…
In a cohousing venture, here the Quatre Vents development in Toulouse, people create an intentional community when they come together to buy, build or renovate a group of dwellings with…
MANILA, Philippines—Japan will give two Philippine health institutions new laboratory equipment and supplies to ramp up testing and boost the fight against COVID-19. In a statement on Wednesday (July 22),…
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