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,...
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, delivered a six-percent growth in net income to ₱7.8 billion in the first quarter of 2026 from the normalized profit of ₱7.4 billion in the same period last year due to higher earnings from its property and spirits...
State-run Maharlika Investment Corp. (MIC), which manages the country’s first sovereign wealth fund (SWF), grew its total comprehensive income by 2.3 percent to ₱2.74 billion last year from ₱2.68 billion in 2024 as business income rose despite higher expenses. Based on MIC’s latest...
Razon-led International Container Terminal Services Inc. (ICTSI) has secured a $300-million loan from the Beijing-based Asian Infrastructure Investment Bank (AIIB) to support the expansion and upgrade of three container terminals across the Philippines. In a statement on Wednesday, May 20, ICTSI...
The Securities and Exchange Commission (SEC) has revoked the broker-dealer registration of Mount Peak Securities Inc. after uncovering widespread regulatory violations, fraudulent financial reporting, and the use of a dummy account by the firm’s top executive. The regulator’s Markets and...
Zobel-led Ayala Land Inc. (ALI) reported that construction has begun along a portion of the East Service Road beside Arca South in Taguig City that will eventually connect the estate to the Southeast Metro Manila Expressway (SEMME)—also known as Skyway Stage 4—making the area more accessible...
Real estate giant Ayala Land Inc. (ALI) is expanding TriNoma, its largest mixed-use complex in Metro Manila’s northern corridor, with the construction of a new retail and office wing that will connect directly to the Unified Grand Central Station. Developed through its retail arm Ayala Malls, The...
Top township developer Megaworld Corp. plans to expand its hospitality portfolio by opening six new hotels over the next three years, an aggressive buildout that will add nearly 2,000 room keys to its inventory. In a disclosure to the Philippine Stock Exchange, the firm said it is expanding its...
SM Offices, the commercial leasing arm of Sy-led SM Prime Holdings Inc. (SM Prime), continues to grow its presence in the provinces with the ₱700-million development of its 11th office tower in Clark and plans to expand further into the warehouse leasing space. In a media briefing, SM Prime Vice...
