SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that business unit SM Offices is scaling up its use of renewable energy (RE) as part of a broader push to make sustainability a driver of growth and tenant value. SM Offices now sources more than...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, reported that its earnings fell by 87 percent to ₱81 million in the first nine months of the year from ₱618 million in the same period of 2024 due to lower industrial lot sales. In a disclosure to the Philippine...
Century Properties Group is doubling down on affordable housing, with its subsidiary PHirst Park Homes Inc. (PPHI) earmarking ₱8.39 billion to develop 13,150 new housing units designed to meet the rising demand driven by the country’s housing backlog. In a disclosure to the Philippine Stock...
Full-range and trusted property developer Filinvest Land, Inc. marks another milestone with the groundbreaking of Building Aqua, the first building to rise within Sydney Oasis, its newest mid-rise condominium community in Bacoor. This event signals the start of construction and opens more...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has set the interest rates for its peso-denominated fixed-rate bond issuance worth up to ₱17 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that the interest rates have been...
Fuse Financing, Inc., the lending arm of the Philippines’ leading finance super app and largest cashless ecosystem GCash, underscored the importance of innovative financing structures at the 5th Asia Finance Forum, hosted by the Asian Development Bank (ADB) at its headquarters in Manila. The...
Real estate giant Ayala Land Inc. (ALI) is infusing into AREIT Inc. (AREIT) two malls—Ayala Malls Feliz in Pasig City and Ayala Center Cebu—worth ₱19.5 billion in exchange for new shares, so that retail will now account for over half of the real estate investment trust’s (REIT) portfolio....
The ongoing corruption scandal in flood control projects and uncertainties in tariffs by the United States (US) are making investors hesitant to pour capital into the country’s electronics industry, according to a prominent industry group. The Semiconductor and Electronics Industries in the...
The Po family is consolidating its business empire, using their holding company, Zephryn Holdings Inc., to acquire a controlling 45.7 percent stake in investment arm Century Pacific Group Inc. In a disclosure to the Philippine Stock Exchange, CPGI subsidiaries Century Pacific Food Inc. and...
D&L Industries Inc. has been recognized by the Institute of Corporate Directors (ICD) for the sixth consecutive year for its exemplary corporate governance practices based on the Association of Southeast Asian Nations (ASEAN) Corporate Governance Scorecard (ACGS). The firm said in a disclosure to...
The Securities and Exchange Commission (SEC) has approved a stock split for Globe Fintech Innovations Inc. (Mynt), the owner of GCash, a move intended to lower the per-share price and make the stock more affordable for its long-anticipated initial public offering (IPO). In a disclosure to the...
