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Petron eyes P17 billion from new offer of preferred shares

Petron Corp., the country’s largest oil company and unit of San Miguel Corp., said Monday it filed with regulators an application to raise as much as P17 billion from the sale of 17 million Series 4 preferred shares.

PH, Korea Strengthen Agri Ties on 75th Anniversary of Bilateral Relations

The Philippines and South Korea have reaffirmed their commitment to agricultural cooperation in commemoration of the 75th anniversary of the two countries' close bilateral relations.

GT Capital names George Uy-Tioco as new chief financial officer

GT Capital Holdings Inc., the listed investment holding company of the Ty Group, said Monday George S. Uy-Tioco Jr. has been appointed as its new chief financial officer.

Arthaland exploring mid-market opportunities in urban areas

Upscale property developer Arthaland Corp. has adopted a land acquisition strategy to ensure a pipeline of projects over the next 10 to 15 years.

Citicore, SMC Global in a 153.5MW solar farm joint venture

Citicore Renewable Energy Corp. said it formed a joint venture company with SMC Global Light and Power Corp. that will develop, construct, and operate a153.5 megaWatt solar power farm in Mariveles, Bataan.

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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