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Megaworld builds beach hub in Ilocos Norte

Megaworld Corp., the listed property development arm of tycoon Andrew Tan, is expanding its footprint in northern Luzon with plans for a flagship beach club inside its 84-hectare, P15-billion Ilocandia Coastown, signaling a shift from simply selling seaside homes to curating an entire coastal lifestyle.

Union Bank core lending bolsters Q1 profit

Union Bank of the Philippines, the country’s 9th largest lender by assets, reported a sharp rebound in earnings for the first quarter,  with net income more than doubling to P3.8 billion as core lending and digital-driven revenues offset market volatility.

Globe retires $426.4M debt via tender offer

Globe Telecom Inc., the financial technology and communications arm of the Ayala Group, has completed the settlement of its tender offer for outstanding USD600 million 4.2 percent senior perpetual capital securities, marking a significant step in active balance sheet management.

PNB posts higher Q1 profit on loan growth, steady income

The Philippine National Bank (PNB) reported a net income of ₱6.37 billion in the first quarter of 2026, up 5 percent from a year ago, driven by steady growth in its core businesses.

Manila hosts trilateral push for Luzon Corridor

Manila is set to host a milestone for regional economic cooperation as the fourth Steering Committee Meeting of the Luzon Economic Corridor convenes in May 2026, gathering senior officials from the Philippines, the US, and Japan to accelerate implementation of the flagship initiative.

Just in

Rollback at the pumps: deep gasolibe price cut offers relief to consumers 

Consumers and business operators across the Philippines can expect mixed relief at the pumps this week, highlighted by a substantial price drop for gasoline products alongside steady to slightly higher diesel rates.

DA upbeat after global event puts PH pineapple, abaca in spotlight

The Philippines sees brighter prospects for its pineapple and abaca products following their successful showcase at the Food and Agriculture Organization’s World Food Forum 2026 in Italy, the Department of Agriculture (DA) said Sunday.

DA launches probe into smuggled vegetables

The Department of Agriculture (DA) is launching a full investigation into reports that allegedly smuggled vegetables are making their way into local markets, raising concerns about fair trade, farmer livelihoods, and food safety.

When the game becomes a bet

There was a time when watching a basketball game largely meant arguing about the referee, questioning the coach’s substitutions, and insisting that the player who missed three free throws should have been benched in the second quarter. These remain perfectly respectable ways to ruin a Sunday afternoon. Of late, however, there is increasingly another reason to get worked up over a game: money.
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