Jollibee Foods Corp.’s ambitious plan to spin off its international business and list it on a United States (US) stock exchange is facing pushback from Philippine market regulators and analysts, who warn that local investors may find themselves holding shares they cannot easily trade. The...
The Philippine Stock Exchange Inc. (PSE) is turning to the country’s largest state-run pension funds to arrest the slump in market participation and offset a persistent exodus of foreign capital. PSE President Ramon S. Monzon told reporters that the exchange is in talks with the Social Security...
The Philippine Stock Exchange (PSE) is targeting ₱170 billion in capital raising for the year, marking a more than 20 percent increase from the previous year’s ₱140 billion haul as regulators prepare to ease listing hurdles for tech giants and smaller enterprises alike. PSE President Ramon S....
The Department of Human Settlements and Urban Development (DHSUD) has begun deploying modular shelter units to disaster-hit areas to serve a new standard for transitory housing. In a statement Friday, Dec. 26, the DHSUD said the modular units are designed for faster installation while ensuring...
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,...
Marking fifty years in the craft, Architect Ramon Antonio reflects on the small discoveries that shaped how he understands people and the way they live. This milestone comes to life in the Harvest Side Table, created with Punt Mobles and launched at Studio Dimensione in Bonifacio Global City, a...
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...
Diversified conglomerate San Miguel Corp. (SMC) expects the holiday season to perk up its already high earnings growth rate in the first nine months of 2025. “Despite factors outside our control, we delivered strong results and continued making steady progress on our major projects,” SMC...
Vice President Sara Duterte shrugged off allegations linking her to supposed destabilization efforts against the government, calling it as mere gossip. In a media interview in Negros Occidental on Tuesday, Nov. 11, Duterte said the claims she is one of the financiers of a supposed destabilization...
San Miguel Food and Beverage Inc. (SMFB), a core unit of diversified conglomerate San Miguel Corp., reported an 11 percent growth in consolidated net income to ₱33.7 billion for the first nine months of 2025, driven by strong performances across its food, beer, and spirits divisions. Consolidated...
San Miguel Corp. has signed a memorandum of agreement with the provincial government of Laguna to expand its ongoing river cleanup and restoration to reduce flooding in the province. The agreement, signed by SMC Chairman and CEO Ramon S. Ang and Gov. Marisol “Sol” Aragones on Friday, integrates...
Del Rosario-led PHINMA Corp. reported an attributable net loss of ₱216.45 million in the first nine months of 2025 from the net income of ₱122.73 million earned in the same period last year. The firm disclosed to the Philippine Stock Exchange that its consolidated revenues dipped to ₱16.31...