CEBULANDMASTERS.COMVISMIN property developer Cebu Landmasters, Inc. (CLI) is earmarking P12 billion for the initial phases of its two maiden projects in Luzon as the company expands its market presence nationwide.CLI Chairman and Chief Executive Officer Jose R. Soberano III said the company’s first two Luzon

BW FILE PHOTOBy Revin Mikhael D. Ochave, ReporterCEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has lowered the size of its planned initial public offering (IPO) to around P900 million from the previous P3.16 billion after talks with potential institutional investors.Amid adjustments to the

PRESENT DURING the ceremonial signing (L-R) were MPower Strategic Account Management Head Rolando Abrojena, Meralco First Vice-President and MPower Head Redel Domingo, SM Retail Executive Vice-President for Controllership and Financial Planning Jonathan Ng, and SM Retail Vice-President for Workplace and Administration Luis Lava, Jr.SM RETAIL,

RIZAL COMMERCIAL Banking Corp. (RCBC) has raised $350 million from its offering of five-year sustainability bonds, marking its return to the dollar debt markets after a year.The five-year senior unsecured fixed-rate sustainability notes were priced at a coupon of 5.375% per annum, RCBC said in

STEELASIA MANUFACTURING CORP FACEBOOKSTEELASIA Manufacturing Corp. said it has awarded the engineering, procurement, and construction management (EPCM) contract for its P30-billion plant in Candelaria, Quezon, which is expected to produce over one million tons of structural steel.SteelAsia awarded the contract to engineering company MCC Huatian

BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits went down on Wednesday amid easing inflation concerns following the implementation of government measures to tame rice prices.The BSP’s term deposit facility (TDF) attracted bids amounting to P276.657 billion on Wednesday, below the

JETTI.COM.PHINDEPENDENT OIL company Jetti Petroleum, Inc. expects to spend around P1.2 billion to establish 80 more stations to achieve its target of 300 stations by 2026, its president said.“We are embarking on completing or having available 300 stations and, initially, we’re targeting by early 2026;

Bangko Sentral ng Pilipinas main office in Manila — BW FILE PHOTOTHE BANGKO SENTRAL ng Pilipinas (BSP) has amended its regulations on pawnshops’ reporting standards to improve its supervision over the sector.“The amendments set forth the Bangko Sentral’s expectations on pawnshops to establish an effective

PHILIPPINE STAR/ERNIE PENAREDONDOEvery January many international and local organizations issue their outlooks for the year, including on perceived risks. I personally look out for them, since these reports give a good idea of what issues national and business leaders will be watching out for.The World

PHILSTAR FILE PHOTODMCI MINING Corp. expects its ore production to reach three million wet metric tons (WMT) this year, driven by the commencement of operations at two new mine sites, the company’s president said.“We’re targeting a combined annual production capacity of three million WMT from

BASES CONVERSION and Development Authority (BCDA) President and CEO Engr. Joshua M. Bingcang (third from right) led the ceremonial signing of the memorandum of understanding (MoU) with PhilTower MIDC. Also present at the event was PhilTower MIDC President and Chief Executive Officer Devid Gubiani (fourth

FREEPIKFrom what I can recall, plastic packaging started becoming widely popular in the Philippines sometime in the 1970s. Before that, cans, bottles, and cartons were the primary materials used for food packaging. Fresh meat and produce were wrapped in paper, while milk and beverages came