Century Properties Group Inc. (CPGI) is planning the registration of bonds worth ₱12 billion with the Securities and Exchange Commission (SEC), followed by an initial offering of up to ₱5 billion. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it will be offering...
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...
Armed with the simple, guiding principle: “Whatever decision we make, we should be able to eat and sleep well,” Hans T. Sy found the moral certainty to endure public fury over a construction project. For decades, the SM Group, founded by his late father, retail tycoon Henry Sy Sr., has been...
Opened in June 2025, Top Line Bay Mall is a mixed-use development by the Topline Equity Corporation (Topline Group) strategically located in the rapidly growing economic hub of Liloan, Northern Cebu. The three-story Bay Mall offers modern office spaces on its second and third floors that can...
GoTyme Bank Corp., the digital bank arm of the Gokongwei Group, is projecting a sustained, rapid growth pace for next year, forecasting a 50 percent expansion in loans and adding at least three million new clients in 2026. In an interview, GoTyme Founder and CEO Nathaniel Clarke said the bank aims...
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...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 4.2 percent increase in profit in the first nine months of the year to ₱213.3 million, as cost-saving initiatives offset the drag on consumer spending from natural calamities. Cash earnings, as measured by earnings before interest,...
Following the destructive typhoons that hit the Philippines, the national government is gearing up to tap half a billion dollars in climate funding from the Washington-based World Bank. According to the Department of Finance’s (DOF) Facebook post on Thursday, Nov. 20, the national government is...
Philippine Rating Services Corp. (PhilRatings) has upgraded the issue credit rating of STI Education Services Group Inc.’s (STI ESG) outstanding bonds amounting to ₱820 million to PRS Aa, with a stable outlook, from the previous rating of PRS A plus, with a positive outlook. Obligations rated...
More than 3,000 overseas Filipino workers (OFWs) and their families gathered at The Tent in Villar City for the 14th OFW and Family Summit. The event, which happened last Nov. 14, 2025, is annually organized by the Villar Foundation to honor and empower Filipino migrant workers. Members of the...
Century Properties Group Inc. (CPG) posted a 17-percent hike in net income to ₱2.1 billion in the first nine months of 2025 from ₱1.8 billion in the same period in 2024, as its affordable housing unit continues to generate strong sales. In a disclosure to the Philippine Stock Exchange (PSE),...