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MCBL launches insurance plan with long-term benefits

Manulife China Bank Life (MCBL) has introduced Manulife GoalReady, a peso-denominated variable unit-linked (VUL) insurance plan designed to help Filipinos build a financially secure future through flexible life insurance coverage and a range of investment options.

Cebu Landmasters acquires 78.8-hectare estate in Liloan

Leading VisMin property developer Cebu Landmasters, Inc. (CLI) has acquired a 78.8-hectare property in Liloan, Cebu through its joint venture subsidiary, Cebu Homegrown Developers Inc. (CHDI), with partner Ixidor Holdings Inc., accelerating its expansion plans.

San Miguel seeks bondholder consent for waivers of negative covenant

San Miguel Corp., one of the largest conglomerates in the Philippines, is seeking the consent of bondholders for proposed amendments to several outstanding fixed-rate Philippine Peso bonds.

INAEC named Safran network partner in PH

Safran Helicopter Engines, the world’s leading manufacturer of helicopter engines and a subsidiary of France-based Safran Group, has officially appointed INAEC Aviation Corp. as its authorized network partner in the Philippines.

Suyen and BDO: A 38-year partnership powering sustainable growth

Suyen Corp., the company behind global lifestyle brand BENCH, has exemplified sustainable business expansion through its enduring 38-year partnership with BDO Unibank.

Just in

URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
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