Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
Armed with the simple, guiding principle: “Whatever decision we make, we should be able to eat and sleep well,” Hans T. Sy found the moral certainty to endure public fury over a construction project. For decades, the SM Group, founded by his late father, retail tycoon Henry Sy Sr., has been...
The local automotive industry is optimistic that vehicle sales this year would hit the lofty target of 500,000 units, which would be an all-time high, even as over 100,000 units are still left unsold with just two months left. Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)...
The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for a technology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI). Police Lt. Gen. Jose Melencio Nartatez Jr., acting...
Prime Minister Sanae Takaichi’s historic victory marks more than just a milestone in Japan’s domestic politics—it signals a forward-looking nation ready to deepen alliances across Asia. Her leadership sets the tone for innovation-driven partnerships and ventures like Federal Land NRE Global,...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, has divested its majority stake in subsidiary VIA Optronics Holding AG through a management buyout. In a disclosure to the Philippine Stock Exchange, IMI said that its wholly-owned subsidiary Coöperatief IMI Europe...
Just a month ago, Ayala’s mobility solutions group, ACMobility, and Honda Cars Philippines, Inc. (HCPI) announced they would part ways by the end of this year. The two companies jointly announced the transition of their 35-year dealer operations, effective January 1, 2026. As a follow-up to that...
Almost always, the awarding of the Management Man of the Year, given by the influential group, the Management Association of the Philippines (MAP), is a blockbuster event. Yes Virginia, all roads seem to lead to the posh Shangri-La The Fort with most of the head honchos of the country’s top...
International Container Terminal Services Inc. (ICTSI) subsidiary Batu Ampar Container Terminal (BACT) and Interport Mandiri Utama (Interport), in cooperation with Batam Terminal Petikemas (BTP), will officially assume the single port operator role for the North Pier of Batu Ampar Port in...
The Securities and Exchange Commission (SEC) has approved 16 rental pool deals of Sta. Lucia Land Inc. (SLI), processed under the streamlined guidelines for Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT). The Commission En Banc, in a meeting on Nov. 25, resolved...
GCash reported robust uptake for recent stock offerings made available to small investors via its GStocks PH platform, citing oversubscriptions for both the Maynilad Water Services Inc. initial public offering (IPO) and the preferred share sale of Megawide Corp. “Filipinos are increasingly...
SM Hotels and Conventions Corp. (SMHCC), the hospitality unit of SM Prime Holdings Inc., is on schedule to open the ₱3.6 billion SMX Convention Center Seaside Cebu in the fourth quarter of 2026, despite disruptions caused by recent natural calamities. “The recent events in Cebu caused some...