Corporate

Malayan Insurance has become one of the first insu in the country to achieve full IFRS 17 readiness, completing implementation of the global accounting standard two years ahead of the extended 2027 national deadline.

Petron Corp. has successfully raised ₱32 billion from its latest fixed rate bond issuance, concluding the final tranche of its ₱50-billion shelf registration program with the Securities and Exchange Commission (SEC).

Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has placed a firm order for 20 additional Airbus A330-900 widebody aircraft, doubling its future A330neo fleet to 40 units.

The acquisition of the 796.56 MW Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex by the Aboitiz-led Thunder Consortium is hailed by analysts as a commercially and strategically significant that strengthens Aboitiz Power Corp.'s position as the country's leading hydropower operator.

Del Monte Pacific Ltd. (DMPL) sought to reassure investors and regulators following the Chapter 11 bankruptcy filing of its US subsidiary, Del Monte Foods...