The Department of Trade and Industry is set to unveil sharply reduced export targets for 2025—and for the remaining years of the Philippine Export Development Plan (PEDP) 2023–2028—at a December 4 launch expected to formally reset the country’s export trajectory.
Top Line Business Development Corp. (TOP) is gearing up for a major capital push after shareholders approved the reclassification of 800 million unissued common shares into preferred shares and authorized the board to undertake fundraising initiatives ranging from private placements to follow-on offerings and debt issuances. The approval was granted by stockholders during their special meeting held Tuesday, Decemmber 2.
A global push for “resilience-first” supply chains is reshaping trade and investment, according to speakers at the 2025 World Trade Centers Association (WTCA) member forum.
Alliance Global Group Inc. (AGI), the listed investment holding firm of tycoon Andrew Tan, said that affiliate California Orchard Growers Investment Inc. has sold its entire block of 120 million AGI shares to The Andersons Group Inc., the company’s principal shareholder.
The Department of Justice (DOJ) has filed criminal charges against executives of Cebu-based Fergus Inc. for allegedly soliciting investments from the public without the required government license.
Grab Philippines is rolling out partnerships and new services to handle a sharp rise in holiday demand, as heavy traffic continues to slow down ride-hailing trips.
Home Credit Philippines is warning customers about a rise in scams that target borrowers with seemingly easy ways to turn loans or credit limits into cash. Scammers are approaching people with pre-approved loan offers, offering to buy devices in cash, pay down payments, or convert credit limits into money, sometimes even accompanying victims to stores to gain trust.
East West Banking Corp. (EastWest) strengthened its presence in the local capital markets this year after helping execute three major transactions: the IPO of Maynilad Water Services in November, SM Prime Holdings’ ₱17-billion retail bond offering, and Ayala Land Inc.’s ₱15-billion Sustainability-Linked Bonds completed in October.