The Philippine stock market is expected to remain cautious and bearish as investor sentiment stays tied to developments in the Middle East and the impact of the conflict on the domestic economy. “The local market is expected to move with a bearish bias this week as it deals with the...
The Securities and Exchange Commission (SEC) has issued four advisories warning the public against Xelora for illegally soliciting investments, as well as against individuals posing as representatives of Aurora Securities Inc., Value Quest Finance Corp., and Glimms Credit Inc. to conduct...
The Philippines will soon welcome a new residential landmark designed by Foster + Partners, the globally renowned architecture and design firm behind projects such as the HSBC Building in Hongkong, Apple Park in California and The Gherkin in London. Set to open its doors to homeowners starting the...
Microfinance lender BPI Direct BanKo Inc., A Savings Bank (BanKo), the microfinance arm of Ayala-led Bank of the Philippine Islands (BPI), is spotlighting the growing role of Filipino mothers in driving grassroots entrepreneurship and local economic activity. Among them is Madelyn Nayre of Barangay...
Cosco Capital Inc., the retail holding company controlled by billionaire Lucio Co, reported a 22 percent increase in first-quarter profit as a recovery in consumer spending boosted sales across its grocery and liquor units. The firm said in a disclosure to the Philippine Stock Exchange that net...
On 06 May 2026, the Chinese Filipino Business Club, Inc. (CFBCI) formalized its collaboration with the Philippine Marketing Association (PMA) through the ceremonial signing of a Memorandum of Agreement. The ceremony was held at CFBCI’s head office in Binondo, Manila, and was attended by President...
Global-Estate Resorts Inc., the tourism and leisure subsidiary of billionaire Andrew Tan’s Megaworld Corp., plans to hand over ₱11 billion worth of residential and commercial projects this year as demand for property outside Metro Manila remains resilient. The firm said in a report to the...
DMCI Holdings Inc. reported a slight decline in first-quarter profit as weaker returns from its coal and water units tempered gains in its real estate and mining divisions. The engineering conglomerate controlled by the Consunji family said that consolidated net income fell two percent to ₱4.9...
Metro Pacific Investments Corp. (MPIC) reported a five percent increase in first-quarter core profit as robust demand for power and healthcare services offset higher interest expenses and the diluted stake in its water utility. Manuel V. Pangilinan, MPIC chairman, president, and chief executive...
Grocery giant Puregold Price Club Inc. posted a 24 percent surge in first-quarter profit as the retailer capitalized on resilient consumer spending and expanding margins across its flagship and membership store formats. The firm disclosed to the Philippine Stock Exchange that consolidated net...
Century Pacific Food Inc., the domestic food cannery led by the Po family, is maintaining its double-digit growth target for the year as robust demand for its branded staples and recovery in exports helped offset inflationary pressures fueled by Middle East volatility. Century Pacific reported a 10...
Senator Risa Hontiveros has called on the Senate to conduct a thorough and immediate investigation into the “sudden and aggressive” rice importation of Planters Products Inc. (PPI), noting that the agency’s latest questionable moves could further hurt the country’s farmers already reeling...
