BDO Unibank Inc. has eliminated transaction fees for its digital fund transfer channels, accelerating a margin-compressing race to zero among the country’s retail banks. The Sy family-controlled financial giant began notifying users through its mobile application that charges for money transfers...
Among the sustainability features integrated into SM’s most-loved malls are disaster-resilient structures designed to strengthen community safety and ensure operational continuity during calamities such as typhoons. As the Philippines remains one of the world’s most disaster-prone countries,...
Del Monte Pacific Limited has defended its financial solvency to Singapore’s independent market regulator, maintaining that its underlying operations remain viable despite severe capital deficits and cash constraints at the holding-company level. The Singapore Exchange Regulation (SGX RegCo)...
Cebu City-SM Prime Holdings, Inc. (SM Prime) has given a sneak peek of the ₱7-billion SM Seaside Cebu Arena in its South Road Properties (SRP) estate to trade, industry and corporate partners before the grand opening on July 11, 2026. The trade launch drew 400 guests from the events,...
Eight rising athletes headed by Southeast Asian Games medalists Hussein Loraña and Mariel Abuan are competing in the inaugural Asian U23 Athletics Championships in Ordos, China that started on Thursday, July 9 until July 12. Loraña will compete in the men’s 800 meters where he won the SEAG gold...
Sy-led BDO Unibank Inc., the Philippines’ biggest bank, is planning to raise at least ₱5 billion from the issuance of peso-denominated fixed-rate sustainability bonds to diversify its funding sources. This marks the bank’s second sustainability bond this year following a ₱100-billion issue...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
Saudi Aramco is set to launch its own branded retail fuel stations in the Philippines, marking the global oil giant’s direct return to the country’s downstream consumer market after a 17-year absence. An official “Aramco Stations Philippines” social media page surfaced recently, issuing...
Gotianun-led Filinvest Land Inc. (FLI) has turned over a prime 6,000-square-meter (sqm) property in Bicutan to the Department of Transportation (DOTr), clearing the way for the development of the highly anticipated Bicutan Station of the North-South Commuter Railway (NSCR) Project. Designed as a...
Trillionaire Enrique K. Razon Jr., through Prime Strategic Holdings Inc. (PSHI), has expanded his majority stake in Apex Mining Co. Inc. to 67 percent after acquiring shares worth ₱1.68 billion from its former controlling shareholder. In a disclosure to the Philippine Stock Exchange (PSE) on...
Following the opening of its biggest Healthway Multi-Specialty Center in Makati, Ayala Healthcare Holdings Inc. (AC Health) is planning to open two more branches to hit its target of operating a network of 20 branches by next year. "We are actively scaling our footprint to bring high-quality...
Asiabest Group International Inc. (AGI), the shell company acquired by construction tycoon Francis Lloyd Chua, is seeking shareholder approval to fold in infrastructure and real estate assets at a valuation significantly lower than initially projected. In a statement, the investment company said it...
