Tsuneishi Heavy Industries (Cebu) Inc., a joint venture between Japan’s Tsuneishi Shipbuilding Co. Ltd. and the Aboitiz Group, has delivered the world’s first methanol-powered Kamsarmax bulk carrier, a shift toward higher-value manufacturing in the Philippine maritime sector. The vessel, named...
NTT UD Asia Pte. Ltd., a unit of Japan’s NTT Group, secured antitrust approval to acquire a 40 percent stake in the Luzon-focused subsidiary of Cebu Landmasters Inc. (CLI), clearing the way for the Visayas-Mindanao developer’s primary expansion into Metro Manila and surrounding provinces. In a...
With work on pause during the holiday season, binge-watching became the go-to way to unwind. One series kept everyone hooked, living rent-free in group chats and feeds, "Heated Rivalry." Shane Hollander (Hudson Williams) and Ilya Rozanov (Connor Storrie) star in the series, adapted from Rachel...
Technology continues to reshape everyday life, from how people communicate to how businesses operate. For young entrepreneur Gelo Wong, however, technology holds a deeper purpose. He believes it can help rebuild public trust in government at a time when issues of corruption and inefficiency...
Aboitiz Foods subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH) has fully acquired Diasham Resources Pte. Ltd., a Singapore-based manufacturer and distributor of high-quality animal nutrition and health solutions. In a disclosure to the Philippine Stock Exchange, Aboitiz Foods’ parent...
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) is sounding the alarm on the Philippines’ lagging tourism sector, urging the government to enact sweeping reforms as international arrival figures fall behind regional competitors. In a statement on Sunday, Jan....
BDO Unibank Inc., the Philippines’ largest lender by assets, provided ₱30 billion to help finance Prime Infrastructure Capital Inc.’s acquisition of a controlling stake in gas assets previously held by First Gen Corp. In a statement, BDO said the financing accounts for 60 percent of the ₱50...
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...
