Corporate

SteelAsia earns region’s top green mark from Moody’s

SteelAsia Manufacturing Corp. has secured a “very good” SQS2 rating from Moody’s, earning what the agency described as the strongest and only Sustainable Finance Framework of its kind in the region to fully link financing with measurable decarbonization outcomes.

Policy shift derails Pacific Online’s e-lotto bet

Pacific Online Systems Corp. is folding its hand on a once-promising digital gamble.

PSALM cuts debt to P260.6B, boosts support for energy sector

State-run Power Sector Assets and Liabilities Management (PSALM) Corp. reduced its financial obligations to P260.6 billion as of end-December 2025, down 4.9 percent or P13.4 billion from P274 billion in 2024.

Jollibee Group shift Philippine facilities to 99% renewable

The Jollibee Group has transitioned its commissaries and logistics facilities in the Philippines to 99 percent renewable energy, marking a major step in its sustainability efforts.

Bengzon appointed chairman and CEO of ICCP

Investment and Capital Corp. of the Philippines (ICCP) has named Augusto D. Bengzon, a former top executive at Ayala Land Inc., as its new chairman and chief executive officer.

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