investments

MPIC nears P1-B Franklin Baker buyout

Metro Pacific Investments Corp. (MPIC) expects to close its P1-billion takeover of Franklin Baker Co.…

SMIC kicks off mammoth P60-B stock buyback program

SM Investments Corp. (SMIC), the country’s largest company in terms of market capitalization, kicked off…

Philippines swings back to dollar surplus

The Philippines broke its streak of dollar deficit to post its largest balance of payments…

SM shies away from data centers, for now

Conglomerate SM Investments Corp. (SMIC) has deferred plans to enter the data center market as…

Washington drops bid to make Google sell AI investments in antitrust case

The US Department of Justice on Friday dropped a proposal to force Alphabet’s Google to…

Recycling firm in ‘Ponzi scheme’ loses SEC registration

A manufacturer of recyclable materials found to have been soliciting investments from the public without…

DFNN eyes CIC partnership launch this year

DFNN Inc., the technology investment firm of businessman Ramon Garcia Jr., plans to launch a…

Musk’s SpaceX to invest $1.8 billion in Starship program expansion

WASHINGTON — SpaceX is planning to invest at least $1.8 billion to build new Starship…

ACEN sets $13M for Malaysia projects

ACEN Corp. is pouring an additional $13 million into a joint venture with a German…