The Securities and Exchange Commission (SEC) plans to lift the nearly four-year-old moratorium on online lending licenses by April, a move aimed at boosting competition and lowering borrowing costs in the country’s burgeoning digital finance sector. SEC Commissioner Rogelio Quevedo announced the...
Philex Mining Corp., the gold and copper producer led by tycoon Manuel V. Pangilinan, expects a turnaround this year as its long-awaited Silangan project prepares for its first metal pour, offsetting declining output from its aging flagship mine. In a disclosure to the Philippine Stock Exchange,...
By Joyce A Ramirez As Chinese New Year 2026 ushers in a fresh cycle of renewal, many turn to Feng Shui to realign their homes, habits, and intentions. Increasingly, this philosophy of balance is extending to the face where harmony, proportion, and energy flow are believed to influence not only...
Just days before Valentine’s Day, the Department of Health (DOH) issued a Valentine’s Day reminder urging the public to practice safe sex and use protection to prevent sexually transmitted infections (STIs), including human immunodeficiency virus (HIV). In a Facebook post titled “DOH...
Filinvest Development Corp. (FDC), the investment vehicle of the Gotianun family, is signaling a continued push for expansion following record-breaking performance last year. FDC Chief Operating Officer Ysmael V. Baysa said the conglomerate aims to sustain its growth trajectory by maintaining high...
Meralco PowerGen Corp. (MGen), the electricity-generating arm of Manuel V. Pangilinan-led power distributor, distanced itself from the congressional franchise investigation involving the company founded by Batangas Rep. Leandro Leviste. In a statement, MGen said ith olds no ownership stake in...
BDO Unibank Inc., the Philippines’ largest lender by assets, provided ₱30 billion to help finance Prime Infrastructure Capital Inc.’s acquisition of a controlling stake in gas assets previously held by First Gen Corp. In a statement, BDO said the financing accounts for 60 percent of the ₱50...
ABS-CBN Corp. signed a licensing agreement with billionaire Manuel Villar Jr.’s Advanced Media Broadcasting System Inc. to air the Kapamilya Channel on the ALLTV Network starting Jan. 2, 2026. The media company controlled by the Lopez family disclosed the deal to the Philippine Stock Exchange on...
The Securities and Exchange Commission (SEC) called for collective action to strengthen corporate governance standards and promote sustainability-oriented decision-making. The SEC recently concluded the 12th Corporate Governance Forum, which was held in partnership with Institute of Corporate...
Metro Pacific Coconut Holdings Corp. (MPCH), a subsidiary of Metro Pacific Investments Corp. (MPIC), has increased its market share to nearly 70 percent of the country’s food-grade coconut exports after completing the acquisition of Franklin Baker Co. of the Philippines. MPIC said in a statement...
For seasoned executive Victor Genuino, the Philippines is poised to become a major powerhouse for data centers—a go-to destination for tech companies driving the next wave of digital progress. It’s a bold vision, and one he is already executing as head of VITRO Inc. “My dream is for the...
The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in hopes of maintaining the confidence of the Pangilinan-led Metro Pacific group in Light Rail Transit Line 1 (LRT-1). Acting Transportation Secretary Giovanni Lopez said the...
