Hotel101 Global weighs USD300M capital raise for expansion
Hotel101 Global Holdings Corp. said its board has approved eeplans to pursue a capital raise of up to USD300 million through the issuance of perpetual convertible preferred shares, as the company gears up for the next phase of its global expansion.
BPI prices P5B SIGLA Bonds at 5.405%
The Bank of the Philippine Islands (BPI) has priced its P5-billion peso-denominated fixed-rate BPI Supporting Individuals Grow, Lead, and Achieve (SIGLA) Bonds due 2028, with an option to upsize, marking the second tranche under its P200-billion Bond and Commercial Paper Program approved in October 2024.
DMCI Homes lines up 2026 project push
DMCI Homes is positioning itself for a stronger 2026, rolling out four residential developments backed by a P16-billion capital expenditure program, as expectations of lower interest rates lift sentiment in the housing market.
Ayala Logistics expands cold chain footprint
AC Logistics Holdings Corp. has signed an agreement to acquire a majority stake in Glacier Megafridge, Inc. (GMI), strengthening its presence in cold chain logistics as it advances its shift toward becoming a full-service logistics solutions provider.
Passenger car saws stall in 2025, trucks power ahead
Vehicle sales of member companies of the Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) and the Truck Manufacturers Association (TMA) slipped slightly in 2025, revealing a market split between weak passenger car demand and resilient growth in commercial vehicles and electrified models.
