State-run Land Bank of the Philippines (Landbank) said the reason debt watcher Fitch Ratings opted to retain the government financial institution’s (GFI) ‘BBB’ investment rating was its sound fundamentals and solid governance. “Our investment-grade rating was affirmed because our...
Davao continues to strengthen its position as one of Mindanao’s key business centers, driven by growth in construction, logistics, and service industries. As demand for office space rises, Robinsons Land Corporation (RLC) expands its footprint in the region with the launch of Cybergate Victoria,...
Sy-led top lender BDO Unibank Inc. said the escalating Middle East war is weighing on its outlook, though its chief maintained that the Philippine economy would remain relatively resilient compared with past global crises like the Covid-19 pandemic. BDO President and Chief Executive Officer (CEO)...
Four companies under the SM Group were recognized for corporate excellence and governance in the FinanceAsia Asia’s Best Companies 2026 poll. SM Investments Corp., the holding company for the Sy family’s business empire, secured the Gold award for Best Large Cap Company and was named Most...
Antonio-led developer Century Properties Group Inc. (CPG) reported a 14 percent increase in full-year net income as steady demand for suburban housing and consistent construction milestones bolstered its top line. Net income rose to ₱2.77 billion from ₱2.44 billion a year earlier, CPG said....
As the Malampaya gas field slowly taps out and diplomacy trades hot words for cautious handshakes, the real suspense lies not just in geopolitical compromise, but in whether Recto Bank can finally proceed to well drilling or remain a perpetually well-discussed daydream. The lingering conflict in...
Maya Innovations Holdings Pte. Ltd., the fintech arm of telecommunications giant PLDT Inc., is maintaining its ambition to pursue a $1 billion initial public offering as early as this year, even as escalating geopolitical tensions in the Middle East threaten to disrupt global capital markets....
Dividend remittances of government-owned and/or -controlled corporations (GOCCs) fell 17.2 percent to ₱114.6 billion in 2025, driven by a sharp contraction in the Bangko Sentral ng Pilipinas’ (BSP) remittance after leading in two consecutive years. The latest data from the Bureau of the...
Three of the country’s top business leaders remain optimistic that the ongoing conflict in the Middle East will be resolved within the year, although it may lead to weaker consumer demand, rising operating expenses (opex), and higher interest rates. During the Philippine Stock Exchange ’ s...
Robinsons Land Corp. (RLC), the property development arm of the Gokongwei Group, reported a two-percent improvement in attributable net income to ₱13.47 billion last year from ₱13.21 billion in 2024, due to solid contributions from both its investment and development portfolios. The firm...
Infra and utilities conglomerate Metro Pacific Investments Corp. (MPIC) intends to continue investing in infrastructure despite uncertainties and challenges posed by the war in the Middle East, laying the groundwork for more growth after sustaining record performance last year. “The global...
Sixteen gasoline stations in Echague, Isabela were issued notices of violation for allegedly selling overpriced petroleum products. Their violations were discovered during an inspection conducted by the Municipal Fuel Monitoring and Enforcement Team (MFMET) under Executive Order No. 07, Series of...
