Public Works Secretary Vince Dizon spent much of the past year cultivating the image of a no-nonsense reformer determined to clean up one of government’s most corruption-tainted agencies.
Asiabest Group International, Inc. (ABG) secured stockholder approval for a major expansion and recapitalization program during its annual meeting held August 11, 2026.
The Bankers Association of the Philippines (BAP) and The Asian Banker recently convened senior leaders from across the financial sector for Finance Philippines 2026, bringing together regulators, traditional and digital banks, fintech firms, technology providers, and corporations to discuss key shifts reshaping the country’s financial system
Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, posted net income of P16.0 billion in the first half of 2026, up 3 percent from P15.6 billion a year earlier, excluding one-time gains from the deconsolidation of Golden Arches Development Corp. in 2025.
PLDT Inc. said it has identified a material weakness in its internal controls over financial reporting as of December 31, 2025, after a reassessment of deficiencies tied to the accounting of certain structured hedge arrangements.
Makro Philippines is accelerating its Luzon expansion after securing four strategic sites from Ayala Land Inc., giving the wholesale retailer access to major growth corridors in Metro Manila and Southern Luzon.
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.
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.
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.