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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The Securities and Exchange Commission (SEC) on Monday said it is moving to the next phase of its reform agenda, with measures aimed at making it easier to start businesses, raise capital and improve liquidity in the Philippine market. SEC Chairman Francis E. Lim, who is celebrating his first year…
THE Securities and Exchange Commission is warning the public against fake Facebook pages that uses the name and logo of Just Smile Lending Corp., a company offering loans and other related financial services. According to the regulator, Just Smile executives has informed the SEC it doesn’t own, operate, control, authorize,…
The Securities and Exchange Commission (SEC) is set to require all companies raising funds from the equities and debt markets to use its system called Online Application for Registration Statements (OARS). The said system, according to the SEC’s Memorandum Circular (MC) 24, will be for direct public offering, first tranche…
Property developer Ayala Land Inc. (ALI) on Thursday said it is beefing up its residential pipeline across three developments in South and Central Luzon as end-user demand outside of the National Capital Region (NCR) supports new supply in the company’s master planned estates. The launch pipeline includes new phases of…
DMCI Project Developers Inc., the real estate development arm of Consunji-led DMCI Holdings Inc., said it is developing a socialized housing project to meet the government requirements for real estate companies to build affordable homes for the people. Alfredo R. Austria, the company’s president said, the first phase of the…
SB Equities Inc., a unit of Security Bank Corp., has tempered its income target assumptions on property developer Ayala Land Inc. (ALI) due to the company’s upward revision on its operating cost projections. In its research note, the company also slashed its target share price on the company by 4…
A top official of Shopping Center Management Corp. (SM Supermalls) said last Tuesday the company’s shopping malls will continue to evolve to meet customer needs, as higher consumer prices push people to become more picky in their spending. Steven T. Tan, the company’s president, said SM will keep building business…
A research by Airbnb Inc. revealed domestic search interest for members of the “Gen Z” segment rose close to 25 percent for check-ins at the start of the “ber” months, pointing to strong interest among younger travelers in exploring the Philippines as the season begins. Pampanga and Davao recorded the…
FAST-food giant Jollibee Foods Corp. (JFC) announced last Tuesday its plan to spin off its international business and list it at the main board of the Stock Exchange of Hong Kong Ltd. In its disclosure to the local bourse, the company said Jollibee Foods Corp. International (JFCI) will become the…
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…
