Yields on treasury bills fell across the board at Monday’s auction, following the Bangko Sentral ng Pilipinas’ surprise decision to lower its benchmark interest...
Edgar “Injap” Sia II, chairman of DoubleDragon Corp., acquired a total of 5.12 million common shares of the company over two separate transactions earlier this month, signaling continued confidence in the property developer’s long-term prospects.
Global real estate services firm JLL (Jones Lang LaSalle Incorporated) has successfully brokered the Vikings Group’s acquisition of a prime commercial lot in Magallanes, Makati City, marking a strategic move for the expanding company to establish its new office headquarters in Metro Manila’s key business district.
Property developer Megaworld Corp. is set to reinvest approximately P3.4 billion in proceeds from its recent MREIT, Inc. share sales into expanding three of...
After a brief reprieve last month, consumers will once again see higher electricity bills. The Manila Electric Company (Meralco) announced an increase of P0.2331 per kilowatt-hour (kWh) for October, bringing the overall rate for a typical household to P13.3182 per kWh, up from P13.0851 per kWh in September.
Jollibee Foods Corp., one of the largest restaurant networks in Southeast Asia, started the year with strong sales momentum across its global operations. However, rising commodity prices and supply chain costs continued to pressure profitability during the first quarter.
In Philippine real estate, 15 hectares is usually enough space for condominiums, commercial strips, and the occasional traffic headache. GT Capital Holdings, Inc., however, has decided the land is better used for classrooms, libraries, and future blue eagles.
ACEN, the listed renewable energy arm of the Ayala Group and one of the fastest-growing renewable energy platforms in Asia-Pacific, has extended up to P4 billion in short-term financing to wholly owned subsidiary Sanmar Solar Inc. to support the expansion of a large-scale solar facility in Zambales.
Globe Telecom opened 2026 with stronger revenues and operating profits as rising mobile data usage, expanding fiber adoption, and growing digital finance contributions helped cushion the impact of a challenging economic environment.