The Securities and Exchange Commission (SEC) has authorized La Union Electric Co. Inc. to proceed with a ₱251 million direct public offering, the second utility to utilize the regulator’s expedited registration process to fund infrastructure upgrades. The San Fernando-based power distributor...
Sy-led top lender BDO Unibank Inc. has started the public offer of the fifth tranche of its peso-denominated fixed-rate sustainability bonds, with a minimum aggregate issue size of ₱5 billion. The bank said its latest peso-denominated Association of Southeast Asian Nations (ASEAN) sustainability...
Real estate giant Ayala Land Inc. started the new year with the retirement of five key officers led by former Chief Financial Officer Augusto D. Bengzon, whose replacement by Jose Eduardo A. Quimpo was announced as early as August 2025. Bengzon retired as senior vice president and member of the...
Natural calamities like earthquakes are unpredictable, but their most damaging effects can be reduced through preparedness and resilient design. To support this approach, Bamberton Center uses QuakeSafe seismic isolation technology to improve structural stability and strengthen its resistance to...
Enrique K. Razon-led International Container Terminal Services Inc. (ICTSI) reported that the formal management transition of Durban Container Terminal Pier Two (DCT2) at Port of Durban commenced on Jan. 1, 2026. In a disclosure to the Philippine Stock Exchange (PSE), ICTSI said it had signed an...
Sy-led SM Investments Corp. and its property arm, SM Prime Holdings Inc., are poised for substantial financial windfall starting in 2027 as they unlock value from a long-dormant premium estate south of Manila. According to Abacus Securities Corp., the joint development of the 284-hectare Susana...
Despite an upbeat start in January, capital market observers agree that 2025 was a disappointing year for the Philippine Stock Exchange (PSE) as the local bourse underperformed significantly while its regional peers rallied. The PSE index closed the final trading day of 2025 at 6,052.92 points,...
The Securities and Exchange Commission (SEC) has revoked the certificate of incorporation of Seek Explore Sports Association Inc., on top of imposing a fine for offering securities to the public without the necessary approvals from the Commission. The SEC’s Enforcement and Investor Protection...
In an era when retail spaces are increasingly expected to do more than transact, a newly opened boutique in Glorietta is positioning itself as an experience first, a store second. The multi-sensory Iqos flagship space, which opened Dec. 19, rethinks how legal-aged nicotine users encounter...
Citicore Power Inc. (CPI) is distributing shares of solar energy developer Citicore Renewable Energy Corp. (CREC) to its shareholders Edgar Saavedra and Oliver Tan to consolidate their direct interest in the publicly listed CREC. In a disclosure to the Philippine Stock Exchange (PSE), CREC said CPI...
Vista Land & Lifescapes Inc., the country’s largest homebuilder, has secured a five-year corporate notes facility amounting to ₱13.61 billion, arranged by Chinabank Capital Corp. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it made an initial drawdown of up to ₱7.22...
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,...
