Corporate
Ayala boosts Ayala Land stake with P2.38B buyback
Ayala Corp. has accelerated its accumulation of Ayala Land Inc. (ALI) shares, spending about P2.38 billion to acquire 141.55 million common shares through market purchases disclosed between July 16 and July 31, reinforcing its confidence in the property giant's long-term prospects while taking advantage of what it believes is an undervalued share price.
EastWest profit hit by higher loan-loss provisions
EastWest Banking Corp. posted a first-half net income of P3.4 billion as robust lending and revenue growth were tempered by a sharp increase in...
PEMC, PERPI team up to improve electricity market operations
The Philippine Electricity Market Corp. (PEMC) and the Philippine Energy Research and Policy Institute (PERPI) have signed a three-year agreement to work together on studies aimed at making the country’s electricity market run better. The deal establishes a formal partnership for research, policy guidance and information sharing.
BSP Honors 15 Outstanding Partners in North Luzon
The Bangko Sentral ng Pilipinas recognized 15 outstanding institutional partners from North Luzon during its 2026 Outstanding BSP Stakeholders Appreciation Ceremony held in Baguio City today, July 30.
ICTSI secures MICT operations for another 25 years
International Container Terminal Services, Inc. (ICTSI) has extended its contract to run the Manila International Container Terminal (MICT) for another 25 years, keeping operations until May 2063.
