The Philippines’ property market is expected to remain resilient despite elevated inflation, geopolitical tensions, and high borrowing costs, with investors continuing to favor malls, logistics facilities, data centers, offices, and hotels that generate recurring income streams, according to...
RL Commercial REIT Corp. (RCR), the real estate investment trust backed by developer Robinsons Land Corp. (RLC), is planning up to two tranches of property injections this year as it shifts its portfolio growth toward steady-yielding retail assets. Kerwin Max S. Tan, chief financial officer of both...
Global Ferronickel Holdings Inc., one of the country’s top nickel ore producers, reported a 91 percent surge in first-quarter net income as surging global metal prices countered the drop in shipment volumes caused by adverse weather. Net income attributable to equity holders of the parent company...
The local stock market may trade sideways this week as concerns over rising inflation and interest rates offset hopes for a peace pact between the United States (US) and Iran. “The local market is still expected to deal with lingering uncertainties, which could keep its movement tempered this...
SM Investments Corp. (SMIC) increased its group-wide renewable energy sourcing to 31 percent of total electricity consumption last year, accelerating its shift toward cleaner energy across its sprawling retail, property, and banking empire. SMIC said its transition to green energy rose from 27...
SM Prime Holdings Inc., the property development arm of the Sy family’s SM group, is expanding its entertainment footprint by partnering with Live Nation Entertainment Inc.’s Ticketmaster, the global leader in live event ticketing. The joint venture, named SM Ticketmaster, will absorb and...
Local hog producers warned that the government’s plan to enforce a price ceiling on liempo or pork belly could further strain domestic production at a time when farmgate prices are already depressed while input costs are at their highest. Pork Producers Federation of the Philippines Inc....
Technology has made financial services more accessible, faster, and more inclusive, especially for those underserved by traditional banking. This is the power of embedded finance, which seamlessly integrates financial services into everyday platforms and digital experiences, allowing people to...
Let’s get away from the telenovela drama of the Senate with its shifting power dynamics and lingering public doubt and growing dismay—as well as the choppy trend in the cost of crude oil per barrel in the international market and its trickle-down negative effects on our way of life. Not that it...
The Palawan Group of Companies, the country’s most trusted pawnshop and remittance provider, has formalized a strategic partnership with BDO Unibank, Inc., one of the Philippines’ largest banks, to expand access to faster, more convenient, and more efficient financial services nationwide. The...
Global debt watcher Moody’s Ratings affirmed the deposit ratings of the Philippines’ largest lenders—Sy-led BDO Unibank Inc. and Ayala-led Bank of the Philippine Islands (BPI)—citing their strong profitability, solid asset quality, and ample liquidity buffers. Both lenders maintained their...
DAVAO CITY – Inside a small tribal hub in Barangay Binugao, Toril District, sewing and handloom machines hum steadily as the women of the Binugao Bagobo-Tagabawa Women’s Association (BIBATAWA) work side by side. Scattered across their tables are colorful fabrics, beads, and threads. For them,...
