Corporate

Shell Pilipinas Corp., the local unit of global energy giant Shell, announced that its board has approved a new policy—effective January 1—requiring key officers, including its president and CEO, to own a minimum of 100,000 company shares.

Typhoon Uwan weakened after slamming into the Sierra Madre mountains late Sunday but retained its fierce winds. PAGASA lifted Signal No. 5 yet maintained Signal No. 4 over parts of Abra, Benguet, Ifugao, Ilocos Sur, Mt. Province, Nueva Ecija, Nueva Vizcaya, La Union, and Pangasinan. Moving west-northwest at 20 kilometers per hour, Uwan’s center is expected to reach the West Philippine Sea by Monday night, where it may regain strength before veering toward Taiwan. The NDRRMC reported that about 836,000 people across eight regions have been affected, with roughly one-third now sheltering in evacuation centers. Damage and casualty reports are still being collated.

Puregold Price Club, Inc. (PGOLD) saw its profit climb in the first nine months of 2025 as Filipinos kept filling their carts despite tighter household budgets. The grocery retail leader booked a 5.6 percent rise in consolidated net income to P7.3 billion from P6.9 billion a year earlier, lifted by strong sales and slightly better margins.

RHK Land Corp., a joint venture between Robinsons Land Corp. and Hongkong Land, celebrated another successful year with the 2025 Regalia Sales Excellence Awards at the Grand Hyatt Manila.

Unioil Petroleum Philippines, Inc. announced on Friday the completion of its strategic partnership with Aramco, one of the world’s leading integrated energy and chemicals companies.