Friday, 30 January 2026, 12:08 pm

    Corporate

    Del Monte Pacific weighs US unit sale amid restructuring, liquidity focus

    Del Monte Pacific Ltd. (DMPL), led by the Campos family, is considering the sale of its U.S. business, Del Monte Foods Holdings Ltd. (DMFHL), as part of a broader strategic reassessment influenced by macroeconomic pressures and the group's financial exposure in the United States.

    AEV to redeem ₱9.1B retail bonds ahead of maturity

    Aboitiz Equity Ventures Inc. (AEV), the public holding company of the Aboitiz Group, on Tuesday said it will exercise its early redemption option for its outstanding 3.5-year fixed-rate retail bonds amounting to ₱9.1 billion.

    Puregold posts 6% 1Q net income growth on strong retail sales

    Puregold Price Club Inc. on Tuesday reported a 6 percent rise in its first-quarter net income to ₱2.63 billion, up from ₱2.47 billion a year earlier, driven by robust sales growth across its retail formats.

    CIBI launches Fraud Bureau in drive vs cybercrime

    In response to the surge in cybercrime cases—tripling to 10,004 incidents in 2024, as reported by the Cybercrime Investigation and Coordinating Center (CICC)—CIBI Information Inc. launched the Fraud Bureau, a data-driven collaboration platform aimed at fortifying fraud defenses across the Philippine financial ecosystem.

    SMPC eyes ECC approval for Acacia Mine expansion

    Semirara Mining and Power Corp. (SMPC) is targeting the second half of 2025 to secure an environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR) for its planned expansion of the Acacia coal mine.

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