Corporate
ABS-CBN signs deed of sale of QC property to Ayala Land
ABS-CBN Corp., an entertainment company, said Wednesday that it has signed the absolute deed of sale for a portion of its broadcast facility in...
Sumitomo Mitsui buys stake in RCBC leasing arm
Rizal Commercial Banking Corp. (RCBC), the Philippines’ sixth-largest lender, said that Sumitomo Mitsui Finance and Leasing Co. Ltd. has acquired a 30 percent stake in its leasing subsidiary, Rizal Leasing and Finance Corp. (RLFC).
Megawide profit dips amid project wind-down
Megawide Construction Corp. reported a slight decline in net income for the first half of 2025, down to ₱436.41 million from ₱437.58 million a year ago, as several major construction projects neared completion. This translated to a 23 percent drop in consolidated revenue, which fell to ₱8.77 billion from ₱11.49 billion, the company said on Wednesday.
SM Group expands entertainment ecosystem
SM Investments Corp. (SMIC) is accelerating the expansion of its entertainment ecosystem across its diverse portfolio to capture growing demand for experience-led offerings, particularly among younger Filipino consumers.
Maya reinvents credit to fit real life
Maya, the country's leading digital bank, is helping reshape how Filipinos access and use credit, with a flexible, real-life approach designed to empower both individual users and fuel commercial and corporate engagement.
