Megaworld Corporation, the flagship real estate company of tycoon Andrew Tan, has raised a total of ₱5.6 billion from multiple block sales of shares of real estate investment trust unit MREIT Inc. between April and July 2026, in preparation for the fifth wave of asset infusion into MREIT In a...
Sy-led BDO Unibank Inc., the Philippines’ largest bank, has ended the offering of its sixth peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability bond issue after just one day due to oversubscription, continuing the strong investor demand it has enjoyed since it began...
Zobel-led Ayala Healthcare Holdings Inc. (AC Health) is targeting to grow its outpatient clinic network by up to five branches annually and open more drugstore branches, while looking to acquire at least one hospital this year. “The target is to expand by three to five clinics per year in major...
CEBU CITY — SM Prime Holdings Inc. is setting its sights on top-tier global talent, including Grammy-winning Filipino-American artist Bruno Mars, to anchor the lineup at its newly opened SM Seaside Cebu Arena, according to the company’s top leadership. The Sy family-led property giant aims to...
Hyundai finally brings hybrid power to one of its most loved family models, the Staria. The new Staria Hybrid has just been launched, starting at P1,999,000. It brings together hybrid performance with comfort, connectivity, and versatile space for modern families and professionals. The new hybrid...
BDO Unibank Inc. has eliminated transaction fees for its digital fund transfer channels, accelerating a margin-compressing race to zero among the country’s retail banks. The Sy family-controlled financial giant began notifying users through its mobile application that charges for money transfers...
Among the sustainability features integrated into SM’s most-loved malls are disaster-resilient structures designed to strengthen community safety and ensure operational continuity during calamities such as typhoons. As the Philippines remains one of the world’s most disaster-prone countries,...
Del Monte Pacific Limited has defended its financial solvency to Singapore’s independent market regulator, maintaining that its underlying operations remain viable despite severe capital deficits and cash constraints at the holding-company level. The Singapore Exchange Regulation (SGX RegCo)...
Cebu City-SM Prime Holdings, Inc. (SM Prime) has given a sneak peek of the ₱7-billion SM Seaside Cebu Arena in its South Road Properties (SRP) estate to trade, industry and corporate partners before the grand opening on July 11, 2026. The trade launch drew 400 guests from the events,...
Eight rising athletes headed by Southeast Asian Games medalists Hussein Loraña and Mariel Abuan are competing in the inaugural Asian U23 Athletics Championships in Ordos, China that started on Thursday, July 9 until July 12. Loraña will compete in the men’s 800 meters where he won the SEAG gold...
Sy-led BDO Unibank Inc., the Philippines’ biggest bank, is planning to raise at least ₱5 billion from the issuance of peso-denominated fixed-rate sustainability bonds to diversify its funding sources. This marks the bank’s second sustainability bond this year following a ₱100-billion issue...
Local equities rose for a sixth consecutive day as heavy buying in port operator International Container Terminal Services Inc. (ICTSI) countered afternoon profit-taking triggered by escalating tensions in the Middle East. The Philippine Stock Exchange index (PSEi) advanced 28.66 points, or 0.46...
