Del Monte Pacific Ltd. (DMPL), led by the Campos family, is considering the sale of its U.S. business, Del Monte Foods Holdings Ltd. (DMFHL), as part of a broader strategic reassessment influenced by macroeconomic pressures and the group's financial exposure in the United States.
Aboitiz Equity Ventures Inc. (AEV), the public holding company of the Aboitiz Group, on Tuesday said it will exercise its early redemption option for its outstanding 3.5-year fixed-rate retail bonds amounting to ₱9.1 billion.
Puregold Price Club Inc. on Tuesday reported a 6 percent rise in its first-quarter net income to ₱2.63 billion, up from ₱2.47 billion a year earlier, driven by robust sales growth across its retail formats.
In response to the surge in cybercrime cases—tripling to 10,004 incidents in 2024, as reported by the Cybercrime Investigation and Coordinating Center (CICC)—CIBI Information Inc. launched the Fraud Bureau, a data-driven collaboration platform aimed at fortifying fraud defenses across the Philippine financial ecosystem.
Philip Morris International (PMI) is calling for closer cooperation among government, scientists and industry to accelerate the adoption of smoke-free products in the Philippines, saying scientific innovation must be matched by supportive policies, consumer awareness and product accessibility.
With the world facing rising temperatures and the likelihood of a very strong El Niño, the Philippines is calling for urgent, concrete action to turn its national climate plans from written policy into real protection for vulnerable communities.
Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.