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Business groups hail upgrade, press for deeper reforms

Foreign business groups welcomed the Philippines' elevation to upper middle-income economy status as a strong endorsement of the country's economic progress, while urging the government to accelerate reforms needed to convert the milestone into sustained investment and long-term growth.

Merienda gets sweeter with McDonald’s new snack lineup

Merienda just got a little more tempting.

Ayala earmarks P5 billion for bigger ALI stake

Ayala Corp. has set aside P5 billion to buy additional shares in Ayala Land Inc. (ALI), signaling continued confidence in the property giant as the conglomerate expands its share buyback program amid subdued market valuations.

EastWest backs top teachers as exclusive partner of TOGA 2026

East West Banking Corporation served as the exclusive bank partner for JCI Manila’s 5th Ten Outstanding Guro Awards (TOGA 2026), an event held at PHINMA Plaza in Makati City to honor exceptional Filipino educators whose work transforms lives and communities nationwide.

Citi launches world-first tokenized depositary receipts for private company investments

Global banking giant Citi has rolled out a new market-leading solution: tokenized digital depositary receipts for private company shares. This makes Citi the first global financial firm to both issue and act as custodian for this type of instrument, creating a clearer, more direct way for private businesses and investors to connect.

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GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.
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