PNB Holdings Corp., the real estate arm of billionaire Lucio Tan’s Philippine National Ban (PNB), has formally applied to list its shares on the Philippine Stock Exchange (PSE), moving to monetize a massive property portfolio after years of preparation. In a regulatory filing on Friday, Dec. 26,...
Coal Asia Holdings Inc. is seeking to more than double its capital to facilitate a ₱6.64 billion share swap, a move that will allow Tubig Pilipinas Group Inc. to go public through a backdoor listing. In regulatory filings with the Philippine Stock Exchange, Coal Asia said the miner plans to...
Reports show that in the Philippines and around the world, millions of Filipinos work as domestic helpers, more commonly known as kasambahays. Behind their everyday duties lies quiet sacrifice—many leave their own families behind so they can help keep other households running smoothly, providing...
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,...
United Paragon Mining Corp., the gold producer controlled by the Ramos family, agreed to a debt-to-equity conversion that will hand a 13.3 percent stake to the Marsman Drysdale Group as the miner seeks to clean up its balance sheet despite nearly two decades of suspended operations. The company’s...
Figaro Culinary Group is scaling up its manufacturing subsidiary to bolster its long-term growth strategy, positioning the company to move beyond traditional retail and enter the international export market. The publicly listed food and beverage operator announced that its wholly-owned unit,...
The Jollibee Group has partnered with GrabFood to introduce Rush Hour Rewards, an initiative designed to ease the strain of weekday travel by helping commuters in Greater Metro Manila plan their meals during the busiest times of the day. Launched on November 3 and running until December 26, 2025,...
PH Resorts Group Holdings Inc., the gaming arm of embattled businessman Dennis Uy, is exploring a total pivot of its business model after losing its casino license and warning investors of a cash crunch that threatens its survival. The company confirmed in a regulatory filing on Monday, Dec. 22,...
Top township developer Megaworld Corp. raised ₱1.86 billion through the sale of equity in its real estate investment trust (REIT) and its integrated resort subsidiary. In a disclosure to the Philippine Stock Exchange on Monday, Dec. 22, Megaworld said the company sold 98 million shares of MREIT...
The Philippine National Police (PNP) launched an investigation into allegations that a senior officer of the Highway Patrol Group (HPG) assaulted a patrolman during a Christmas party at Camp Crame in Quezon City, it was revealed on Friday, Dec. 19. Acting PNP Chief, Police Lt. Gen. Jose Melencio C....
PH Resorts Group Holdings Inc., the gaming firm led by Davao-based tycoon Dennis Uy, terminated partnership talks with EEI Corp. after the government’s gaming regulator revoked the license for its stalled casino project in Cebu. In a disclosure to the Philippine Stock Exchange on Thursday, Dec....
Every seven kilograms of plastic trash collected can now be exchanged for a P100 gift certificate as the Metropolitan Manila Development Authority has partnered with homegrown restaurant company Jollibee Foods Corporation for a Plastic Waste Recovery and Rewards Program aimed at strengthening...
