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Petron to repurchase $50-M notes → BusinessMirror

Petron Corp. is planning to repurchase $50 million of its $500-million outstanding senior perpetual capital securities. The country’s lone oil refiner said it intends to make an announcement in the Singapore Securities Trading Limited on its proposed tender offer to purchase up to $50 million of its outstanding $500 million…

SIM registration hits 12 million

Some 12 million SIMs have been registered with local public telecommunication entities (PTEs) as of Tuesday January 3, 2023, a week after registration started. Smart Communications Inc. recorded 5,700,599 SIMs registered; Globe Telecom Inc., 5,030,649 SIMs, while DITO Telecommunity Corp. had 1

NTC 7 to assist registration of non-tech savvy SIM users

CEB welcomes 2023 with a special sale → BusinessMirror

Cebu Pacific (CEB) welcomes the new year with its trademark P1SO sale for select international routes. For as low as P1 one-way base fare (exclusive of fees and surcharges), Cebu Pacific’s #CEBSuperSeatFest is up for grabs until January 6, 2023. Travel period is from February 1 to May 31, 2023,…

AXA merger with Charter Ping An secures SEC nod → BusinessMirror

The Securities and Exchange Commission (SEC) has approved the merger between AXA Philippines a joint venture between the Metrobank Group, GT Capital, and the Paris-based AXA Group and its former general insurance subsidiary Charter Ping An Insurance Corp. GT Capital Holdings Inc. said on Wednesday that the approved merger is the final…

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