Corporate

The Philippine Airlines (PAL) announced on Tuesday the appointment of corporate leader Edgar O. Chua and seasoned aviation executive Datuk Captain Izham Ismail as independent directors, effective June 1, 2026.

NKC Manufacturing Philippines Corporation, a local unit of Japan’s Nakanishi Metal Works Group, has partnered with First Gen Group to build and run a rooftop solar power plant at its factory inside the Mactan Economic Zone.

Alibaba Group has signed a multi-year deal to become the exclusive official partner for artificial intelligence, cloud computing, and e-commerce for top European football events. Starting from the 2027–2028 season through 2032–2033, the partnership covers the UEFA Champions League, Europa League, Conference League, and UEFA EURO 2028.

The Bank of the Philippine Islands (BPI) will hold its 3rd Best Life Run on June 7, gathering more than 100 companies to promote workplace wellness as it marks its 175th anniversary. Launched internally in 2023 as an employee activity, the event opened to corporate partners and the public in 2024, growing from a simple fitness drive into a platform that encourages well-being across industries.

MerryMart Consumer Corp. is set to leave the stock market as parent group DoubleDragon Corporation moves to fully absorb the retailer in a consolidation play that underscores the growing push among Philippine conglomerates to streamline operations, unlock synergies and scale faster.