Ayala Land Inc. (ALI) said Thursday that it has raised approximately P489 million from a block sale of 12 million common shares in Areit Inc., its real estate investment trust (REIT), to institutional investors. The shares were priced at P40.78 apiece, representing a slight discount from Areit’s last traded price of P41.50.
Shakey’s Pizza Asia Ventures Inc. is set to introduce its Potato Corner brand in Taiwan and Laos by year-end. The move underscores the company's commitment to scale its iconic snack brand in new high-growth markets.
Smart Communications, Inc. (Smart) has entered into a strategic partnership with D One Legacy PH Corp. to equip more Filipinos with tools to succeed in the digital economy while strengthening Smart’s market reach through grassroots retail distribution.
Philippine Airlines (PAL) will increase its Manila-Seattle service to five weekly flights starting 25 November 2025, up from the current three, as part of its strategic push to strengthen air connectivity between the Philippines and the United States.
Pilmico, the food and agribusiness arm of Aboitiz Foods, has partnered with the Iligan City Government to launch "Project Silk Iligan Post-Harvest Support," an initiative aimed at strengthening the yellow corn value chain through improved infrastructure and farmer support.
Eight qualified contractors, including D.M. Consunji, EEI Corp., and several Chinese firms, submitted financial bids for Contract Package 1 (CP1) of the ₱7.3 billion Bataan-Cavite Interlink Bridge (BCIB) project, the Department of Public Works and Highways (DPWH) said on Tuesday.
Property developer Arthaland Corp. has registered with the Securities and Exchange Commission (SEC) its Taguig and Cebu properties under the agency’s rental pool framework known as Securing and Expanding Capital in Real Estate Non-Traditional Securities (SEC RENT).
Alex Eala had to earn every point—and dodge every raincloud—in a gritty three-set win over Poland’s Katarzyna Kawa, 6-3, 3-6, 7-5, to barge into the Round of 16 at the Sozhou WTA 125.
The country's net external liabilities increased by 5.4 percent in the first quarter of 2025, reaching ₱3.7 trillion from ₱3.5 trillion in the previous quarter, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP) under the balance sheet approach (BSA).