Corporate

Bright Kindle unit secures SEC nod for capital hike, acquisition

Bright Kindle Resources & Investments Inc. (BKR), a listed investment holding company, said it secured Securities and Exchange Commission (SEC) approval for two key corporate developments involving its subsidiary, Brightstar Holdings & Development Inc. (BHDI). 

GSIS, Dragonpay seal deal expand digital payment access for members

The Government Service Insurance System (GSIS) has partnered with leading digital payment solutions provider Dragonpay to expand electronic payment options for its members and pensioners, formalized through a memorandum of agreement (MOA) signed on Wednesday.

8990 Holdings files for voluntary delisting, cites market undervaluation

Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.

D&L keeps top credit rating, outlook stable

D&L Industries Inc. has retained its top-tier credit rating of PRS Aaa with a Stable Outlook from the Philippine Rating Services Corp. (PhilRatings) for its ₱2 billion outstanding fixed-rate bonds, reflecting continued investor confidence in the company’s financial health and market resilience.

Lenovo rises in Gartner’s Top 25 Supply Chains ranking

Lenovo has climbed to 8th place in the Gartner Supply Chain Top 25 for 2025, advancing two spots from last year and reaffirming its leadership among global giants across industries such as pharmaceuticals, automotive, FMCG, and technology.

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