In a country like the Philippines, where typhoons, earthquakes, and other natural calamities are part of the norm, resilience is not just a necessity but a way of life. Ranked consistently high in the World Risk Index due to its location along the Pacific Ring of Fire and the typhoon belt, the...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
The Securities and Exchange Commission (SEC) has approved the applications of G-Xchange, Inc. (GCash) and Macodimarc Technology Corporation (Pluang PH) to participate in the Commission’s regulatory sandbox. On June 2, 2025, the SEC formally issued the Notice of Approval for Entry into the SEC...
D&L Industries Inc., the country’s top producer of specialty food ingredients and oleochemicals, expects its profitability to continue growing in the coming years as it ramps up exports, giving it confidence that it will sustain its strong dividend payouts. In an online media briefing after the...
The Securities and Exchange Commission (SEC) has approved the planned initial public offering (IPO) of Maynilad Water Services, Inc. for next month, aiming to raise a maximum of ₱45.8 billion. The Commission En Banc, on May 30, resolved to render effective the registration statement of Maynilad,...
Tycoon Dr. Andrew Tan’s global spirits company Emperador Inc. (EMI) is integrating smart technologies and renewable energy (RE) initiatives into its international operations, particularly in Spain and the United Kingdom (UK), to further champion sustainability, innovation, and environment...
As it celebrates its 70th anniversary, the Filinvest Group once again solidified its continued commitment to inclusive, purpose-driven developments with its real estate companies’ strong showing at the 2025 FIABCI Philippines Property and Real Estate Excellence Awards. Its real estate companies,...
Hann Holdings Inc. (HHI), the owner and developer of the integrated resort (IR) brand Hann Resort, plans to raise funds through an initial public offering as it continues to develop its multi-billion-dollar Hann Reserve in New Clark City. “We have submitted a prospectus to the SEC (Securities and...
Lopez-led First Gen Corporation has formally reported to the Securities and Exchange Commission (SEC) that it will be unloading 60 percent of its gas businesses to Prime Infrastructure Capital Inc., a company owned by billionaire Enrique Razon, for ₱50 billion through the execution of a term...
MSpectrum, Inc., a wholly owned solar subsidiary of the Manuel V. Pangilinan-led Manila Electric Company (Meralco), turned over a120-kilowatt peak (kWp) solar rooftop project to DHL Supply Chain to power its training center in Sta. Rosa, Laguna. The project is estimated to generate approximately...
Expect pickup trucks to be more costly after the provision reimposing the excise tax on the vehicle type was approved, alongside other tax reform measures under the proposed Capital Market Efficiency Promotion Act (CMEPA). The CMEPA, a legislation deemed a priority of the administration under the...
Robinsons Retail Holdings, Inc., a member of the Gokongwei Group, has reacquired 22.2 percent of the company’s stock from GCH Investments Pte. Ltd., a subsidiary of DFI Retail Group, for ₱15.77 billion. In a disclosure to the Philippine Stock Exchange, RRHI said it has reacquired 315.31 million...
