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SM revamps Iloilo hub, spening P2.3B in mall makeover

SM Prime Holdings Inc., the property development arm of the Sy Group, is accelerating its push to future-proof its malls, confirming it will complete the P2.3-billion redevelopment of SM City Iloilo by the first quarter of 2026—a transformation aimed at cementing the property’s role as Western Visayas’ premier lifestyle and commercial hub.

DigiPlus bets big on offline push with HKD1.6B casino deal

DigiPlus Interactive Corp., the digital entertainment powerhouse behind BingoPlus, ArenaPlus and GameZone, is making a bold leap into the offline arena with a HKD1.6-billion (about P12 billion) deal that could hand it control of Hong Kong–listed International Entertainment Corp. (IEC) and its Manila hotel-casino complex.

MerryMart margins rise as upgrades pinch sales

MerryMart Consumer Corp., a listed retailer, reported a modest uptick in earnings for the first nine months of 2025, as stronger margins and higher operating income helped offset weaker sales tied to store and systems upgrades ahead of a planned expansion push.

Chelsea Logistics swings to profit as turnaround gains steam

Chelsea Logistics and Infrastructure Holdings Corp. has staged a full-scale financial comeback in 2025, riding on tighter cost controls and stronger demand across its shipping and logistics units. The company reversed last year’s loss, booking a P155 million net profit for the year ending September 30, 2025, as revenues climbed 15 percent to P6.876 billion.

Citicore Renewable earnings shine on solar surge 

Citicore Renewable Energy Corporation (CREC) powered up its earnings in the first nine months of 2025, posting a 28 percent jump in net income to P966 million on the back of rising electricity sales and a rapidly expanding solar portfolio.

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ADB plans $70B investment on power, digital future

The Asian Development Bank (ADB) is ramping up investments in Asia and the Pacific with a USD70 billion push into energy and digital infrastructure through 2035, signaling a major shift toward regional connectivity as a driver of growth.

PSEi range-bound amid global risks, weak peso

The Philippine stock market is expected to stay under pressure in the near term, as global uncertainties and a weak peso continue to dampen investor sentiment, according to 2TradeAsia.com.

Philippines, Israel eye minerals, AI strategic partnership

The Philippines is moving to deepen cooperation with Israel on critical minerals processing and artificial intelligence (AI), aiming to climb higher in the global technology value chain.

Fuel prices seen to rise this week after weeks of cuts

Fuel prices in the Philippines are expected to increase next week, ending three straight weeks of big price rollbacks, a local fuel retailer said.
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