The Securities and Exchange Commission (SEC) has approved Filinvest Development Corp. 's planned ₱8 billion preferred share offering, a move that underscores the firm’s continued drive to strengthen its capital structure and fund key operations.
Benguet Corp. announced that its principal stockholders—Palm Avenue Holding Co. Inc. and Palm Avenue Realty and Development Corp.—have secured a final decision from the Supreme Court lifting the sequestration of their shares in the listed mining firm.
SM Offices, the commercial property arm of SM Prime Holdings Inc., continues to grow its regional footprint with the launch of its 15th office development outside Metro Manila.
Net foreign direct investment (FDI) into the Philippines reached US$610 million in April, up 7.1 percent year-on-year, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
In a major affirmation of the country's commitment to digital economic leadership, PLDT Enterprise and the Information Technology and Business Process Association of the Philippines (IBPAP) have renewed their strategic partnership to bolster the country’s IT-BPM industry—a key economic driver and source of global competitiveness.
Agriculture Secretary Francisco P. Tiu Laurel Jr. said Monday that President Ferdinand Marcos Jr. is poised to issue an executive order for emergency government procurement of palay, aiming to stabilize prices triggered by adverse weather and a bumper harvest—factors that have blunted the impact of the two‑month rice import ban.
The Bank of the Philippine Islands (BPI) is adopting InstaPay for all inter-institution cash-in transactions starting October 1, 2025, in line with a directive from the Bangko Sentral ng Pilipinas (BSP) aimed at improving digital financial services' interoperability and transparency.
The Philippines and Ukraine committed to strengthening their strategic partnership in response to rising global security threats, including Russia’s ongoing war in Ukraine and China’s aggressive actions in the West Philippine Sea.
MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.