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CLI gets SEC nod for P5-B sustainability bond tranche

Business World Philippines

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November 25, 2025

CEBU LANDMASTERS, INC. (CLI) has obtained approval from the Securities and Exchange Commission (SEC) to offer up to P5 billion in sustainability-linked bonds, representing the third and final tranche of the company's P15-billion debt securities program.

In a regulatory filing on Monday, CLI said the SEC granted approval on Nov. 21. The bonds, denominated in Philippine pesos, will be structured into three series with staggered maturities: Series F due 2029, Series G due 2032, and Series H due 2035.

The base offer is set at P3 billion, with an oversubscription option of P2 billion. The offer period will run from Nov. 24 to 28, with issuance and listing on the Philippine Dealing and Exchange Corp. expected on Dec. 5.

MÁS HISTORIAS DE Business World Philippines

Business World Philippines

Chinese sportswear maker Anta Sports Products exploring bid for Puma

CHINESE sportswear maker Anta Sports Products is among firms exploring a potential takeover of German sportswear brand Puma, Bloomberg News reported on Thursday.

time to read

1 min

November 28, 2025

Business World Philippines

Not too scary, but a solid first effort

KMJS' GABI NG LAGIM THE MOVIE

time to read

3 mins

November 28, 2025

Business World Philippines

Business World Philippines

More than half of new articles on the internet are being written by AI – is human writing headed for extinction?

The line between human and machine authorship is blurring, particularly as it’s become increasingly difficult to tell whether something was written by a person or AI.

time to read

4 mins

November 28, 2025

Business World Philippines

Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR

THE BUREAU of Internal Revenue (BIR) has filed tax evasion complaints against two Bulacan-based contractors allegedly involved in “ghost” flood control projects.

time to read

1 min

November 28, 2025

Business World Philippines

Intel denies TSMC allegations that executive leaked trade secrets

Intel on Thursday denied allegations by Taiwan Semiconductor Manufacturing Company (TSMC) that one of its executives, Wei-Jen Lo, who formerly worked at the Taiwanese chipmaker, had leaked trade secrets.

time to read

1 min

November 28, 2025

Business World Philippines

Business World Philippines

PHL card payments seen growing to P4.2 trillion

CARD PAYMENTS in the Philippines are expected to grow to P4.2 trillion this year, driven by sustained financial inclusion efforts and improved infrastructure, according to GlobalData’s Payment Cards Analytics.

time to read

2 mins

November 28, 2025

Business World Philippines

Business World Philippines

Federal Land opens first FIFA-standard football field in Marikina City

THE Federal Land, Inc. (FLI) on Wednesday said that it seeks to encourage a more active lifestyle and bring new opportunities to Marikina City through its first football field aligned with the standards of the Fédération Internationale de Football Association (FIFA).

time to read

2 mins

November 28, 2025

Business World Philippines

Recto tax amnesty proposal seen providing relief while DoF grapples with audit abuses

THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a good starting point as the department grapples with the issue of revenue officers abusing their authority when inspecting taxpayers’ books.

time to read

1 mins

November 28, 2025

Business World Philippines

Business World Philippines

Meralco to redeem remaining P2.87-B bonds in December

MANILA ELECTRIC CO. (Meralco) will retire the remaining P2.87 billion of its P7-billion 12-year bonds next month, it said in a stock exchange filing on Thursday.

time to read

1 min

November 28, 2025

Business World Philippines

AirAsia MOVE broadens network with VietJet Air flight integration

AIRASIA MOVE has added VietJet Air flights to its platform through a partnership with GalaxyJoy, expanding access to low-cost fares and boosting connectivity for travelers in the Philippines and across Southeast Asia, the AirAsia group’s online travel agency said on Thursday.

time to read

1 min

November 28, 2025

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