Ayala Corp., the country’s oldest conglomerate, reported a sharp increase in profits for the first nine months of the year, driven by one-time gain tied to the revaluation of its stake in Gcash owner Mynt. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 13, the holding company...
RL Commercial REIT Inc. (RCR), the real estate investment trust of Robinsons Land Corp. (RLC), raised its cash dividends to ₱5.37 billion after revenue jumped 30 percent in the first nine months of the year, driven by portfolio expansion. Unaudited revenue surged to ₱7.66 billion for the nine...
After years of enduring brownouts stretching two to three hours on an oft-repeated cycle, consumers within the service domain of Batangas Electric Cooperative 2 (BATELEC 2) are no longer just frustrated; they’re demanding real and lasting change in how their electricity is delivered. But there...
Despite prevailing market uncertainties, Investment & Capital Corp. of the Philippines (ICCP) remains cautiously optimistic and projects a potential rebound in the Philippine Stock Exchange index (PSEi) to the 6,300 to 6,400 range over the coming six months. ICCP President and Chief Operating...
A Catholic Bishops’ Conference of the Philippines (CBCP) official has urged Filipinos to return to the true spirit of “Undas” by focusing on prayer and the call to holiness rather than on secular Halloween traditions that highlight images of “evil, devils, and lost souls.” In a circular...
Ayala Corp.’s $100-million blended finance deal for electric mobility was named the Philippines’ Transport Deal of the Year in The Asset Triple A Sustainable Infrastructure Awards 2025. The financing for Ayala subsidiary ACMObility came from the Asian Development Bank (ADB) and Canadian...
Public fury over flood control corruption and the toll of recent typhoons appear to have choked consumer confidence, potentially dragging the Philippines’ economic growth to a below-target 5.2 percent in the third quarter of the year. According to the latest edition of the University of Asia and...
On Oct. 3, 2025, I had the privilege of meeting with the relatives and friends of Celestino M. Dizon, one of the pioneering Filipino entrepreneurs in gold and copper mining. The gathering at the University of Asia and the Pacific (UA&P) celebrated two things: the construction of the Celestino Dizon...
Following the lead of the Harvard Business School (HBS), the pioneer in offering a master’s degree in business administration, universities worldwide developed the traditional two-year MBA program, requiring three to four years of prior work experience. When I returned in 1964 from my doctoral...
Robinsons Land Corp., the property development arm of the Gokongwei Group, is soon launching major renovations of its malls—particularly the flagship malls—in response to consumer preference for more premium lifestyle spaces. In a media interview, RLC President and CEO Mybell V. Aragon-Gobio...
The Bank of the Philippine Islands (BPI) announced the passing of its former president and chief executive officer, Xavier P. Loinaz, a figure who steered the institution through two decades of major economic turbulence and technological change. He was 81. Known as XP within the bank, Loinaz held...
Amid rainy weather, higher tariffs, and an import ban, the Philippine manufacturing sector slipped back into contraction in September as its purchasing managers’ index (PMI) fell to 49.9, the lowest in six months and only the third decline in more than four years. S&P Global Market Intelligence...
