Cosco Capital Inc., the investment holding company of billionaire Lucio Co, reported a 3.4 percent increase in consolidated net income to P15.96 billion in 2025, supported by resilient consumer demand and steady growth across its core business segments.
A major network upgrade by Smart Communications, Ericsson, and Meta is delivering significantly improved call quality for millions of Messenger users across the Philippines.
Mitsubishi Motors Corp. plans to produce a new hybrid electric vehicle (HEV) at its Philippine unit’s Santa Rosa, Laguna plant by mid-2028, signaling a major vote of confidence in the country’s still-evolving electric vehicle policy framework.
AdventEnergy, the retail electricity arm of Aboitiz Power Corporation, has completed the aggregation of two facilities owned by Frabelle Cold Storage Corporation in Navotas, with a combined capacity of 746 kilowatts.
Former Philippine Stock Exchange chair Ma. Vivian Yuchengco is urging the Securities and Exchange Commission (SEC) to withdraw a circular that sets term limits for the bourse’s broker-directors, stating the move weakens fundamental corporate governance principles and shareholder rights. In her statement, Yuchengco emphasized that good governance depends on directors earning and retaining shareholders’ trust, while regulators must respect that electoral choice. She noted that repeated re-election should not be dismissed by the SEC, but rather reinforces the commission’s duty to clearly justify why such a choice should be overridden. Along with fellow director Eddie Gobing, Yuchengco has also filed a petition with the Court of Appeals to have the rule declared unconstitutional; both bring extensive board experience, with Yuchengco having served 28 years and Gobing 25 years.
The proposed separation of PAGCOR’s regulatory and casino-operating functions is nearing a key government decision, with Chairman and chief executive officer Alejandro H. Tengco pushing for the state gaming agency to focus solely on regulation.
The Development Budget Coordination Committee (DBCC) is finalizing its recommendation on possible fuel excise tax relief as elevated global oil prices continue to push up domestic pump prices, Malacañang said Thursday.
Ayala Land Inc.’s 290-hectare Cresendo estate in Tarlac is moving closer to becoming a full-scale industrial and urban center, with most industrial lots leased and major road, school, and commercial projects advancing alongside factory development.