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PLDT Home remains unshaken by telco competition, continues dominance

PLDT Home, the fiber-to-the-home unit of PLDT Inc., sustained its leadership in the broadband industry, eclipsing competition on a number of metrics, and elevating customer experience by introducing innovative products for the home.

Balai signed deal to acquire bakery brand Sugarhouse

Balai ni Fruitas Inc., a listed counter service bakery operator, said Thursday it signed a memorandum of agreement to acquire Sugarhouse, a  40-year-old bakery legacy brand.

Chinabank declares record cash dividends of P5.9 billion, up 16%

China Banking Corporation (Chinabank on Thursday announced that its board of directors declared a P1.20 per share regular cash dividend and an additional P1.00 per share special cash dividend, payable on 16 May 2024 to all stockholders on record as of 3 May 2024. 

ACEN, Rockefeller Foundation launch pilot project for funding of coal plants’ early retirement

ACEN Corp. and The Rockefeller Foundation have kicked off the pilot project under the first Coal to Clean Credit Initiative, an effort that could help the Philippines avoid up to 19 million tons of carbon dioxide emissions. 

Basic Energy in partnership with Japan in Batangas wind project

Basic Energy Corp. forms half of the joint development and shareholder agreement with Japan's Renova Inc. to pursue a 50-megawatt wind power project in Batangas.

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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