8990 Holdings files for voluntary delisting, cites market undervaluation
Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.
D&L keeps top credit rating, outlook stable
D&L Industries Inc. has retained its top-tier credit rating of PRS Aaa with a Stable Outlook from the Philippine Rating Services Corp. (PhilRatings) for its ₱2 billion outstanding fixed-rate bonds, reflecting continued investor confidence in the company’s financial health and market resilience.
Palay production costs expose Visayas, country divide
The cost of producing palay—the unmilled form of rice, the Philippines’ national food staple—exposes deep regional disparities that mirror the effects of geography, infrastructure, and urban sprawl on the country’s agriculture.
BPI posts P33B net profit in 1H on strong lending
Bank of the Philippine Islands (BPI) reported a net income of P33 billion for the first half of 2025, up 7.8 percent from P30.6 billion a year ago, as strong lending activity and higher margins lifted revenues despite rising costs and provisions.
RCBC lists sustainability bond that raised P12.2B
Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender, has successfully listed its Series F ASEAN Sustainability Bonds due 2028 on the Philippine Dealing and Exchange Corp. (PDEx), raising a total of P12.21 billion.
