Proposed rule changes by the Securities and Exchange Commission (SEC) could allow infrastructure assets to be included in real estate investment trusts (REITs), potentially reviving REIT listings, according to Investment and Capital Corp. of the Philippines (ICCP).
The Philippine Ports Authority (PPA) reported that more than 6.28 million passengers traveled through the country’s ports during the recent holiday season, the highest number in the agency’s 52-year history.
Homegrown food giant, Jollibee Foods Corp., is shaking up its structure with a bold plan to separate its international business from its Philippine operations, aiming to unlock clearer growth pathways and attract distinct investor appetites.
The Gokongwei group is revving into a new growth lane after the Philippine Competition Commission (PCC) cleared Robinsons Supermarket Corporation’s acquisition of 100 percent of Premiumbikes Corp., marking the retailer’s first foray into the automotive sector.
The Energy Regulatory Commission (ERC) has provisionally approved a higher refund of P19.96 billion for Manila Electric Co. (Meralco) customers, equivalent to P0.1189 per kilowatt-hour (kWh). This is larger than Meralco’s original proposal of P19.1 billion.
The Department of Agriculture (DA), through the Sugar Regulatory Administration (SRA), has begun distributing the first batch of cash assistance to sugarcane farmers under the Presidential Assistance for Farmers and Fisherfolk Program (PAFFP).
DigiPlus Interactive Corp. has integrated its sportsbook brand ArenaPlus sportsbook platform into the Sportradar Integrity Exchange (SIE), a global system that helps detect and prevent match-fixing.
Federal Land NRE Global Inc. (FNG) said demand for its projects remains strong despite economic uncertainties, particularly in its 600-hectare River Park development in Cavite.