From remittance to residence For many Overseas Filipino Workers (OFWs), remittances reflect years of sacrifice and hope. SMDC’s Symphony Homes Mabalacat converts those sacrifices into enduring assets—supporting families daily while increasing their financial stability for years to come. Created...
It was a quiet Sunday in 2009, a day of reprieve for business journalists enjoying a brief ceasefire from the endless churn of the financial markets. But one reporter’s weekend “me time” at the familiar, bustling SM North EDSA was about to take an unexpected turn. Suddenly, she spotted them:...
The Lucio Tan Group’s MacroAsia Corporation (MAC), a leading provider of aviation support and food services, is expanding its catering business to the Visayas through a joint venture with a Cebu-based company. In a disclosure to the Philippine Stock Exchange, MacroAsia stated that it has been...
The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
SM Development Corporation (SMDC) recently unveiled SMDC Heights, its boldest evolution yet in high-rise living — built for a generation that moves with purpose, values access, and aspires to live well today while investing in tomorrow. A new era in vertical living SMDC Heights is more than a...
After posting record-breaking profits every year since 2021, China Bank Savings (CBS) is on track for another banner year as its profit grew 19 percent to ₱1.2 billion in the first half of 2025. “We continue to perform well despite economic headwinds such as geopolitical uncertainties and...
In line with its 40th anniversary, SM Supermalls has unveiled the largest rooftop solar photovoltaic (PV) system on a commercial building in the country at SM City Fairview, reinforcing its commitment toward environmental sustainability and corporate resilience. This is a significant contribution...
Security Bank Corp. announced that its Chief Financial Officer, Eduardo M. Olbes, will retire on Sept. 15, 2025, but, his replacement, Allen Alexander P. Reyes, will be onboard by Aug. 11, 2025, to facilitate the transition. In a disclosure to the Philippine Stock Exchange, the bank said that,...
While short-dated treasury bills (T-bills) will still be offered from July to September, the national government will also issue long-term retail debt instruments amounting to around ₱200 billion within the third quarter of 2025. Department of Finance (DOF) Secretary Ralph G. Recto told reporters...
Paterno-led Philippine Seven Corp. (PSC), the master franchisee for the 7-Eleven convenience store chain in the Philippines, is targeting to have a total of 5,000 branches in operation in 2026 from the 4,130 stores opened as of the end of 2024. In a press briefing after the firm’s annual...
The Marcos administration has borrowed ₱28.4 billion from domestic creditors through the sale of short-term debt on Monday, July 14—surpassing its target for a second straight week as investor demand strengthened amid lower borrowing costs due to heightened tariff-led global economic...
PH Resorts Group Holdings Inc., the integrated resorts unit of Davao tycoon Dennis A. Uy’s holding company Udenna Corporation, assures the Philippine Stock Exchange that it can wipe out its negative stockholders’ equity with the conversion of shareholders’ advances to common shares. However,...
