Gov’t raises P235B in new money from FXTNs
PHILSTAR FILE PHOTOBy Aaron Michael C. Sy, Reporter THE GOVERNMENT has raised P235 billion in fresh funds from its offering of new fixed rate Treasury notes (FXTNs), closing the public offer period a day after the rate-setting auction due to strong
First Gen Corp. expects to close P75-B Prime Infra deal this year
THE UPPER WAWA DAM — PRIMEINFRA.PHLOPEZ-LED power producer First Gen Corp. expects to close its P75-billion acquisition deal with Razon-led Prime Infrastructure Capital, Inc. (Prime Infra) this year as it seeks approval from the competition watchdog. “Closing of the transaction is
Megaworld to spend P10 billion on lifestyle malls in four provinces
MAPLE GROVE in General Trias, Cavite — MEGAWORLD CORP.MEGAWORLD Lifestyle Malls, the retail arm of Megaworld Corp., will invest about P10 billion to develop new lifestyle malls and commercial projects across several townships this year and next, adding more than
SM Offices investing P1B in Cebu expansion
NU Cebu — SM INVESTMENTS CORPORATIONSM OFFICES, the commercial property arm of SM Prime Holdings, Inc., plans to add more than 60,000 square meters (sq.m.) of new leasable space worth about P1 billion at SM City Cebu Towers by the
Metrobank’s 2025 net income hits record high
BW FILE PHOTOMETROPOLITAN BANK & Trust Co. (Metrobank) in 2025 posted an all-time high net income for the fourth consecutive year, backed by steady loan growth and strong trading gains. The bank booked a P49.7-billion net profit in 2025, it said
Winter in Seoul
1 of 7Text and photos by Brontë H. Lacsamana, Reporter ON A TRIP this writer’s family took to Seoul early in February, the Korean capital was beset by a period of intense cold thanks to the arctic air from Siberia sweeping
Seen at the DTI fair: Chocolate. Shell jewelry. Venus flytraps?!?!
1 of 3THERE are over 300 stalls at this edition of the DTI (Department of Trade and Industry) Bagong Pilipinas National Trade Fair, with the vendors coming from all over the Philippines, occupying Megatrade Halls 1 through 3 at SM