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Manila Water approves P105M share buyback

Manila Water Co., Inc. has approved a share buyback program of up to 3 million common shares, potentially spending up to P105 million to repurchase its own stock in the open market.

SSI Group Q2 revenue, profit surge as retail demand holds

The SSI Group delivered stronger sales and profitability in the second quarter of 2026 as resilient consumer demand, better margins, and tighter operations gave the specialty retailer a healthy lift.

ABS-CBN loss deepens as revenue falls further

The net loss of ABS-CBN Corp. more than doubled in the first half of 2026, as lower advertising and weaker group-wide revenue outweighed modest improvements in its core content business.

BYD expands Philippine push as EV demand grows

BYD is strengthening its presence in the Philippines as the country becomes an increasingly important market for electric vehicles and new energy vehicles.

Hotel supply growth tests hospitality market resilience

Metro Manila’s hospitality sector is entering a more competitive chapter as a pipeline of new hotel developments begins to reshape the market, testing whether tourism demand can keep pace with rising room supply.

Just in

Sugar imports only a market tool, not policy — DA chief

Agriculture Secretary Francisco P. Tiu Laurel Jr. clarified that sugar importation is not administration policy but a temporary tool to stabilize prices and supply, as the government prioritizes technology and innovation to build a stronger, self-reliant domestic sugar industry.

R&I affirms Philippines A- rating, stable outlook

Japan-based Rating and Investment Information, Inc. (R&I) has affirmed the Philippines’ A- investment-grade credit rating with a stable outlook, citing resilient economic fundamentals, improving fiscal conditions, and manageable external risks.

Ex-Transporation chief elected to San Miguel board 

San Miguel Corp. has elected former Transportation Secretary and Philippine Airlines president Jaime J. Bautista as an independent director, adding a veteran of the aviation, finance, and government sectors to the conglomerate’s board.

Cybersecurity core to digital finance: Maya leaders

Filipinos’ growing use of financial apps has moved cybersecurity from back-end concern to central user experience, Maya executives said at the BusinessWorld Cybersecurity Summit. This shift reshapes industry practices, customer expectations, and regulatory needs.
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