THE Securities and Exchange Commission (SEC) has approved the planned bond offering of Saavedra-led infrastructure conglomerate Megawide Construction Corp. worth up to P5 billion.The commission en banc rendered effective the registration statement of Megawide’s bond offer during a meeting on June 18, the SEC said

PHILIPPINE STAR/RYAN BALDEMORTHE DEPARTMENT of Transportation (DoTr) is now evaluating the unsolicited proposal of the Metro Pacific Investments Corp. (MPIC) to integrate the operations of the Metro Line Transit Line 3 (MRT-3) and the Light Rail Transit Line 1 (LRT-1).“The proposal was first submitted to

BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday amid monetary easing signals from policy makers.The central bank’s term deposit facility (TDF) attracted bids amounting to P212.412 billion on Wednesday, above the P180 billion on the auction block.

1 of 5Sheraton Manila Bay’s Tour de France du Vin 2024WINE enthusiasts and connoisseurs are invited to a journey through the vineyards of France via Sheraton Manila Bay’s Tour de France du Vin 2024, held in partnership with Le Cellier French Wine Selection. The wine

Golden MV Holdings, Inc.'s annual meeting of stockholders to be held online on July 15 - BusinessWorld Online Spotlight is BusinessWorld’s sponsored section that allows advertisers

GOTIANUN-LED Filinvest Hospitality Corp. (FHC) is eyeing to open the P2.7-billion Grafik Hotel Baguio within Camp John Hay by the first quarter (Q1) of 2025, marking the launch of its new hotel line.The new hotel will offer 256 rooms, five food and beverage outlets, a

BW FILE PHOTOTHE GOVERNMENT made a partial award of the Treasury bonds (T-bonds) it offered on Wednesday at an average rate higher than secondary market levels amid expectations of faster inflation in the coming months.The Bureau of the Treasury (BTr) raised just P24.003 billion via

SECURITY BANK Corp. targets to double its sustainable financing portfolio by 2025, the bulk of which will be made up of investments in wind and solar energy projects, a senior official said on Wednesday.“The ambition is to book new renewable loans totaling P40 billion by

The Us Surgeon General’s call on Monday for social media services to carry health warning labels makes for a great headline, but it will do little to change harmful habits. More forceful action is needed. Taking inspiration from the anti-smoking efforts that began in the

CEBUPACIFICAIRCEBU PACIFIC, operated by Cebu Air, Inc., is further expanding its domestic network by launching flights to San Vicente, Palawan from Cebu in October, it said on Wednesday.“Cebu Pacific is thrilled to expand our domestic network by introducing flights to San Vicente,” Alexander G. Lao,

MAYA BANK saw its deposits grow by 24% year on year to P32 billion at end-May as average savings account balances more than doubled in 12 months, it said on Wednesday.The digital bank’s depositor base also expanded by 74% to 3.7 million as of May

PHILIPPINE STAR/KJ ROSALESPhilippine agriculture is at a crossroads. Should the country start commercially producing genetically modified or GM crops such as Golden Rice and BT eggplant? Or should it wait until more comprehensive scientific data are available to prove that such crops are truly safe