International Container Terminal Services Inc. (ICTSI) has become the first company listed on the Philippine Stock Exchange (PSE) to surpass a market capitalization (MCAP) of ₱2 trillion, underscoring sustained investor confidence in the port operator’s global expansion. In a statement on...
DAVAO CITY – The Singlife Davao Marathon presented by SM Supermalls is expecting 4,000 to 6,000 local and foreign runners when the race debuts at SM Lanang in Davao City on Aug. 15 in celebration of the Kadayawan Festival. Speaking at the media launch at SMX Convention Center in Davao on...
Philippine-based business process outsourcing (BPO) firm Asiatel Outsourcing Inc. is taking a significant step toward its international expansion plans as it goes public by listing on Canada’s TSX Venture Exchange (TSXV). Asiatel made history as the first Philippine-founded BPO company to list on...
Top township developer Megaworld Corp. has raised an additional ₱147.1 million from the latest sale of shares in its real estate investment trust (REIT) unit, MREIT Inc., to increase its public float ahead of its fifth wave of asset-for-share swap. The Andrew Tan-led property firm said it sold...
Meralco PowerGen Corp. (MGen) energized the first phase of its MTerra Solar facility on Tuesday, July 14, introducing an initial wave of renewable energy into the country’s main grid to help cushion consumers from peak nighttime electricity prices. The power generation arm of Manila Electric Co....
The Philippine Stock Exchange (PSE) suspended trading of Robinsons Retail Holdings Inc. (RRHI) on July 13, after a share buyout by the founding Gokongwei family squeezed the company’s public ownership to a fraction of a percent, effectively trapping remaining minority shareholders. The trading...
Asia-Pacific business leaders are demanding stricter artificial intelligence (AI) governance and tighter cross-border policing to counter the surge in sophisticated online scams and cyber fraud across the region. The APEC Business Advisory Council (ABAC), meeting in Bangkok, Thailand, formalized a...
The Securities and Exchange Commission (SEC) has issued a cease-and-desist order (CDO) against EF Easy Franchise Technological Ventures Inc., which counts popular show host Rene “RJ” Ledesma as a co-founder, to stop its illegal solicitation of investments from the public for so-called franchise...
GAC International Philippines has officially joined the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI), the premier organization of automakers and car manufacturers in the country. This milestone enables GAC Philippines to collaborate directly with industry stakeholders,...
A group of senior company executives based in the United States (US) will visit the country in August for a business mission to explore investment opportunities and advance the economic partnership between Manila and Washington. In a notice seen by Manila Bulletin, the US-ASEAN Business Council...
The Sy family’s flagship SM Investments Corp. (SMIC) has completed the sale of its prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc. (SM Prime), as part of efforts to consolidate property assets under the subsidiary. In disclosures to the Philippine Stock...
Megaworld Corporation, the flagship real estate company of tycoon Andrew Tan, has raised a total of ₱5.6 billion from multiple block sales of shares of real estate investment trust unit MREIT Inc. between April and July 2026, in preparation for the fifth wave of asset infusion into MREIT In a...
