As Christmas greetings made the rounds, so did quieter whispers of an unsettling rumor: that a major mining company shareholder is allegedly being groomed to take the helm of the Department of Environment and Natural Resources (DENR). This raises a troubling scenario: Is current Environment...
Sarmiento-led poultry and feeds producer Vitarich Corp. expects a ₱196-million boost in net income after it finally secured a ₱400-million settlement for its claims for damages incurred during Typhoon Ondoy in 2009. In a disclosure to the Philippine Stock Exchange (PSE), Vitarich said it has...
Rockwell Land Corp., the high-end property arm of the Lopez family, has secured a majority controlling interest in Alabang Town Center for ₱21.6 billion, marking a decisive expansion into the affluent southern corridors of Metro Manila. Nestor Padilla, Chairman and Chief Executive Officer of...
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...
The Bangko Sentral ng Pilipinas (BSP) now expects the Philippine economy to expand below five percent this year, citing the erosion of investor confidence stemming from concerns over the governance of the government 's flood control fund. BSP Governor Eli M. Remolona Jr. told reporters on the...
PHINMA Community Housing (CoHo), the low-income housing segment of PHINMA Corp., expects to commercially launch its first project units in the first half of next year. The firm recently broke ground on the site in Tugbok District, Davao City. CoHo aims to provide 500 affordable homes for...
Ayala Land Inc. (ALI) raised ₱4.19 billion from the sale of shares in its real estate investment trust, AREIT Inc., boosting its public float as it prepares for a fresh asset infusion. In a disclosure to the Philippine Stock Exchange (PSE), ALI said it sold 100 million AREIT common shares at...
The country’s chief economist expressed a less optimistic outlook for third-quarter growth, noting that both domestic—including the flood control corruption scandal—and external economic conditions may have influenced the possibly dismal performance. “I am not as optimistic as I used to, or...
Real estate giant Ayala Land Inc. (ALI) is infusing into AREIT Inc. (AREIT) two malls—Ayala Malls Feliz in Pasig City and Ayala Center Cebu—worth ₱19.5 billion in exchange for new shares, so that retail will now account for over half of the real estate investment trust’s (REIT) portfolio....
SM Investments Corp., the flagship of the SM group, has once again earned the prestigious 5 Golden Arrow Award from the Institute of Corporate Directors (ICD) for the second consecutive year for achieving the highest distinction in corporate governance excellence. The ICD 2025 Golden Arrow Awards...
For over a decade, H&M has been providing Filipinos with everyday style fixes through its numerous stores across the country. Until now, fans of the brand have only seen its latest collections on store shelves after their international debuts. This time, the Swedish fashion giant reinforces its...
On Oct. 3, 2025, I had the privilege of meeting with the relatives and friends of Celestino M. Dizon, one of the pioneering Filipino entrepreneurs in gold and copper mining. The gathering at the University of Asia and the Pacific (UA&P) celebrated two things: the construction of the Celestino Dizon...
