Toyota Financial Services Philippines Corp. (TFSPH), the automotive financing and leasing arm of GT Capital Holdings Inc., is raising ₱2 billion through its maiden bond public offering. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital said TFSPH will use the proceeds to further...
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) expressed support for the ongoing reforms at the Bureau of Customs (BOC) aimed at addressing corruption, noting their significance in making the Philippines more business-friendly. In a statement, the FFCCCII...
Investors are hoping that the Bangko Sentral ng Pilipinas’ (BSP) policy meeting and the domestic inflation rate announcement this week will be the catalyst needed to spur trading activity in the local stock market. “The local market managed to partially recover some lost ground in last week’s...
Aside from lead cornerstone investors International Finance Corp. and Asian Development Bank (ADB), Maynilad Water Services, Inc. has signed cornerstone investment agreements with 10 more international and domestic institutions led by the UK’s Foreign, Commonwealth and Development Office, acting...
LifeStrong Marketing Inc. joyfully marked its 17th anniversary with a meaningful celebration at Potrero Elementary School, in partnership with Save the Children Philippines. Seventeen years of growth have shown the company that its journey is not just about products—it is about people, purpose,...
Floirendo-led Damosa Land, Inc. expects to generate ₱1.2 billion in total sales from its TRYP by Wyndham Samal project, a four-star condotel rising in the Island Garden City of Samal in 2028. The project, Damosa Land 's latest venture with PHINMA Microtel Hotels, Inc., will feature about 100...
At first glance, the Custin Premium appears to be just another ordinary MPV with five doors. Its boxy body lacks shapely lines, and even the fonts at the rear, spelling out the make and model, seem to have been borrowed from the 90s. The only obvious 21st-century feature to me is the wide grille...
The umbrella group of semiconductor and electronics companies aims to increase its already leading share in the country’s total exports by 64 percent to $70 billion as part of the government’s ambitious five-year plan to boost the industry’s competitiveness. The Semiconductor and Electronics...
Real estate giant Ayala Land Inc. has started the ₱10.3 billion development of Ascenda, a 204-hectare master planned, nature-inspired development in partnership with the Floirendo family’s Anflocor Group. Ascenda is ALI’s first horizontal estate and biggest investment in Mindanao. To kick...
The Securities and Exchange Commission (SEC) has lifted the suspension of Jia Financing Inc.’s Certificate of Authority after admitting that it had failed to observe due process by not first notifying the firm of its violations. In moving for a partial reconsideration, Jia said the order issued...
Ayala’s mobility solutions group, ACMobility, and Honda Cars Philippines, Inc. (HCPI) will part ways by the end of this year. The two companies jointly announced the transition of their 35-year dealer operations, effective January 1, 2026. Both companies said this development is reflective of...
Tycoon Andres Soriano III’s A. Soriano Corp. (Anscor) has earned ₱300 million in less than a year from the sale of its 22 percent stake in TBG Food Holdings Inc., the owner of The Bistro Group restaurant business, to Bounty Fresh founder Tennyson Chen’s Inoza Business Holdings Inc. for...
