Sy-led SM Investments Corp. (SMIC) and its real estate subsidiary SM Prime Holdings Inc. (SM Prime) are planning to tap the offshore bond market to fund their continued growth and expansion. In a disclosure to the Philippine Stock Exchange (PSE) on Tuesday, March 17, the two firms said SMIC SG...
D&L Industries Inc. does not expect any material impact on its business under current market conditions following the filing of a bill in Congress that would allow the temporary suspension of mandatory biofuel blending in the Philippines. The firm informed the Philippine Stock Exchange (PSE) on...
Diversified engineering conglomerate DMCI Holdings Inc. is increasing its capital expenditure (capex) budget by 11 percent this year to ₱24.6 billion from ₱22.2 billion in 2025, mainly for the expansion of its residential and off-grid power businesses and strategic improvements in cement...
The Securities and Exchange Commission (SEC) has penalized lending firm Nittan Capital Finance Inc. (NCFI) for failing to completely disclose to borrowers its charges, interest rates, amortization, and other fees prior to the signing of a loan agreement. In an order dated Feb. 13, the SEC’s...
PHINMA Education Holdings Inc., a subsidiary of Del Rosario-led PHINMA Corp., is expanding its presence in the southern part of Metro Manila as well as parts of Laguna and Cavite by acquiring a controlling 84.91-percent stake in Southeastern College Inc. for ₱690 million. In a disclosure to the...
Razon-led International Container Terminal Services Inc. (ICTSI) has broken ground on an ₱800 million expansion in Batanga, marking the start of construction for what will become the Philippines’ second-largest container gateway. The facility, branded as the South Luzon Container Terminal, is...
Filinvest Land Inc., the real estate arm of the Gotianun family’s conglomerate, received the highest possible credit rating from Philippine Rating Services Corp. (PhilRatings) for its planned ₱11.57 billion bond offering. PhilRatings said the property developer was assigned a PRS Aaa rating...
D.M. Wenceslao & Associates Inc., the developer behind the Aseana City business district, reported a 5.6 percent increase in core net income last year as higher residential sales and commercial leasing offset a stagnant land rental market. In a disclosure to the Philippine Stock Exchange, the real...
Ayala Corp., the Philippines’ oldest conglomerate, posted record core earnings for a third consecutive year as gains in its real estate and banking units shielded the group from the slump in its energy and telecommunications businesses. In a disclosure to the Philippine Stock Exchange, the firm...
Liberty Flour Mills Inc., the Philippine food manufacturer, has asked the Securities and Exchange Commission (SEC) to dismiss a complaint filed by minority shareholders, claiming it has already provided access to corporate records. Liberty Flour’s legal response from the publicly traded miller...
DMCI Homes, the residential arm of engineering conglomerate DMCI Holdings Inc., is embarking on a massive upscaling of its 130-hectare Acacia Estates in Taguig City, beginning with a ₱4.5 billion redevelopment of its commercial core. In a briefing, Alfredo Austria, DMCI Homes president, said the...
Honda has just introduced the 2026 version of its bestselling motorcycle model, the Click125. The Click125 is a model designed for everyday riding. It blends style, innovation, and performance into one refined package. The Click125 sports new upgrades, built around the concept “Game Changer...
