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Ayala Land completes P3.7B AREIT sale

Ayala Land Inc., the flagship real estate developer of the Ayala Group, has successfully sold 88 million common shares of AREIT, Inc. at P42 per share, raising P3.7 billion before fees and taxes. 

DENZA Ph launches flagship dealer network; expands premium EV presence nationwide

Premium electric vehicle brand DENZA Philippines has formally launched retail operations in the country, opening its first flagship dealerships in Metro Manila and Cebu as it builds its presence in the growing new energy vehicle (NEV) market.

Mapúa, ASU expand partnership, global education soars

Mapúa Education Group and Arizona State University (ASU) are taking Philippine higher education global. 

Gotianun, Montenegro to steer Filinvest Hospitality expansion

Filinvest Hospitality has appointed Francis Gotianun as chief executive officer and James Montenegro as president and chief operating officer, ushering in a new leadership chapter as the group accelerates its push across the Philippine hospitality landscape.

SM Prime reclassifying 100M shares for funding option

SM Prime Holdings Inc. is paving the way for a fresh funding channel after its board of directors approved the reclassification of 100 million unissued common shares into 100 million preferred shares, a move designed to broaden its capital-raising flexibility and attract a wider investor base.

Just in

ADB: Philippines stays course despot inflation surge

Despite a sharp rise in April inflation and mounting external risks, the Philippines remains “on the right track,” according to Asian Development Bank chief economist Albert Park, who spoke to CNBC during the lender’s annual meeting in Uzbekistan on Tuesday. 

Alsons Power highlights need for timely outage reporting

Alsons Power Group emphasized the importance of promptly reporting power outages to maintain stable and reliable operations.

DigiPlus profit in Q1 falls as access rules bite

DigiPlus Interactive Corp., operator of BingoPlus, ArenaPlus, and GameZone, posted a net income of P2.8 billion in the first quarter of 2026, down 33 percent year-on-year as regulatory changes and softer consumer spending weighed on platform activity.

DICT targets up to 80% cut in broadband costs by 2028

The Department of Information and Communications Technology (DICT) plans to cut broadband costs in the country by 40 to 80 percent by 2028 under its National Digital Connectivity Plan.
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