Sun Life Philippines, the local unit of Sun Life of Canada, Inc., led the life insurance industry in the first quarter of 2025 by posting a premium income of ₱15.1 billion — the highest total premium recorded across the sector during this period, the company announced Tuesday. “This...
Leading real estate developer has been ranked at 40th spot in the Top Philippine Growth Champions 2025 – a ranking produced by the partnership of local newspaper Philippine Daily Inquirer and research group Statista. The Top Philippine Growth Champions 2025 is an annual list that ranks 50...
Tycoon Dr. Andrew Tan has bought another ₱333-million worth of shares of Emperador Inc. from the market, bringing his two-day purchase total to ₱666 million. The move aims to reduce the company’s public float and bring it closer to the 20-percent minimum public ownership requirement. In a...
The Securities and Exchange Commission has approved the merger of Uniholdings Inc. (formerly Chemical Industries of the Philippines Inc.) with six companies and its capital increase to pave the way of the backdoor listing of the Unioil group’s real estate firms. At the company’s Annual...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, is investing ₱1.7 billion for the construction of SMX Center for International Trade and Exhibitions (SMXCITE) — a large-scale venue rising within the SM Mall of Asia (MOA) Complex. The firm said...
Globe Telecom Inc. is ramping up its efforts to make reliable, high-speed internet accessible to more households by focusing on the expansion of its fiber and 5G technologies. In a statement, Globe President and Chief Executive Officer (CEO) Carlos Cruz said the telecommunications giant is striving...
Real estate giant Ayala Land Inc. reported a strong market debut for Southmont Central, a newly-launched district within the 800- hectare Southmont estate in Cavite. The Zobel-led developers said 43 percent of Southmont Central’s inventory sold on the first day, underscoring investor confidence...
Therma South, Inc. (TSI), an Aboitiz Power Corporation subsidiary, recently released 67 hatchlings from the first of five sea turtle (pawikan) nests found along the shoreline of the power plant in Binugao, Toril, Davao City. TSI team members, local barangay officials, and experts from Ridge to Reef...
Aseana City developer D.M. Wenceslao and Associates, Inc. (DMW) has started construction of the first phase of Aseana Plaza, a landmark office development that will be the company’s largest commercial project to date. As its latest addition to Aseana City, the firm said in a disclosure that...
In a show of confidence to the company he built up from a small local player into a multi-billion, global brandy and whisky empire, tycoon Dr. Andrew Tan has bought from the open market ₱333 million worth of the shares of Emperador Inc. In a disclosure to the Philippine Stock Exchange, the liquor...
Lopez-led First Gen Corp, (FGen) announced that it has fully acquired Pi Energy Inc. through a deed of assignment executed with its parent firm, First Philippine Holdings Corp. (FPH). In a disclosure to the Philippine Stock Exchange (PSE) on Monday, May 19, FGen said it acquired Pi Energy for ₱1...
Vehicle sales in the Philippines grew by 2.5 percent in April, which marked the slowest growth in seven months, amid a sharp decline in passenger car sales. A joint report by the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI) and the Truck Manufacturers Association (TMA) showed...
