DFNN Inc.’s technology unit has secured a role in the modernization of the Philippines’ primary international gateway, partnering with travel technology giant Amadeus IT Group SA to deploy biometric systems and automated gates at the Ninoy Aquino International Airport (NAIA). The subsidiary,...
United Paragon Mining Corp., the gold producer controlled by the Ramos family, agreed to a debt-to-equity conversion that will hand a 13.3 percent stake to the Marsman Drysdale Group as the miner seeks to clean up its balance sheet despite nearly two decades of suspended operations. The company’s...
Niche residential developer Haus Talk Inc. plans to raise as much as ₱2 billion through its debut bond offering to finance land acquisitions and accelerate the construction of housing projects. In a disclosure to the Philippine Stock Exchange, Haus Talk said the company will offer ₱1 billion in...
A Brown Co. Inc. (ABCI) is cleaning up its portfolio by recognizing losses on three projects investing in liquefied natural gas (LNG), railway, and palm oil businesses that have not been moving along as planned. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its board of...
Top township developer Megaworld Corp. has divested more of its stake in integrated resort developer Suntrust Resort Holdings Inc., bringing its holdings down to 23.65 percent of the affiliate’s outstanding capital. In a disclosure to the Philippine Stock Exchange (PSE), Megaworld said it...
The Philippine Stock Exchange index (PSEi) made a strong bounce on Monday, Dec. 22, and recovered last Friday’s lost ground on the back of bargain-hunting and some window-dressing for the year’s end. The main index jumped by 120.39 points, or 2.03 percent, to close at 6,041.26, with the advance...
PH Resorts Group Holdings Inc., the gaming arm of embattled businessman Dennis Uy, is exploring a total pivot of its business model after losing its casino license and warning investors of a cash crunch that threatens its survival. The company confirmed in a regulatory filing on Monday, Dec. 22,...
Globe Telecom enters the next phase of its digital and business transformation, demonstrating that strong financial discipline and operational efficiency can power growth even amid challenging market conditions. With a robust balance sheet and strengthened cash generation, Globe is positioned to...
Top township developer Megaworld Corp. raised ₱1.86 billion through the sale of equity in its real estate investment trust (REIT) and its integrated resort subsidiary. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 22, Megaworld said the company sold 98 million shares of MREIT...
Filinvest Land Inc., the property arm of the Gotianun family’s conglomerate, is shuttering a wholly owned subsidiary to streamline its corporate structure as development of its flagship mall in Clark remains on track under a separate unit. In a disclosure to the Philippine Stock Exchange,...
EVOxTerra Inc., the official distributor of Hongqi vehicles in the Philippines, marks another milestone as it officially joins the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI), the country’s leading automotive association representing the industry’s foremost automotive...
Enrique M. Aboitiz, chairman of Aboitiz Equity Ventures Inc., was appointed as an independent director to the board of International Container Terminal Services Inc., the port operator led by billionaire Enrique Razon. Aboitiz will join the board on Jan. 1, 2026, to serve the unexpired term of...
