Proposed rule changes by the Securities and Exchange Commission (SEC) could allow infrastructure assets to be included in real estate investment trusts (REITs), potentially reviving REIT listings, according to Investment and Capital Corp. of the Philippines (ICCP).
The Philippine Ports Authority (PPA) reported that more than 6.28 million passengers traveled through the country’s ports during the recent holiday season, the highest number in the agency’s 52-year history.
Homegrown food giant, Jollibee Foods Corp., is shaking up its structure with a bold plan to separate its international business from its Philippine operations, aiming to unlock clearer growth pathways and attract distinct investor appetites.
The Gokongwei group is revving into a new growth lane after the Philippine Competition Commission (PCC) cleared Robinsons Supermarket Corporation’s acquisition of 100 percent of Premiumbikes Corp., marking the retailer’s first foray into the automotive sector.
When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.
The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.
Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.
The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.