Corporate
IFC invests $100 million in Maynilad IPO
The International Finance Corporation (IFC), the private investment arm of the World Bank, has invested $100 million as a cornerstone investor in the initial public offering (IPO) of Maynilad Water Services, Inc., the largest water utility in the Philippines and Southeast Asia by active connections and population served.
Globe’s 9-month net income falls 14% amid industry challenges
Globe Telecom Inc. reported a 14 percent drop in net income for the first nine months of 2025, citing tough industry competition and economic disruptions from typhoons.
Asiabest Group board approves valuation for target acquisitions
Listed firm Asiabest Group International, Inc. (ABG) has approved the valuation of three companies it plans to acquire as part of its expansion program.
Gold price rally drives 68% income rise for OGP
OceanaGold (Philippines) Inc. (OGP) reported a 67.8 percent surge in net income for the first nine months of 2025, reaching $49 million from $29.2 million a year earlier, driven by record-high gold prices.
Ayala Land unit to infuse P19.5B in assets into AREIT via swap
Ayala Land Inc. said the board of its listed real estate investment trust, AREIT Inc., has approved the issuance of 441.1 million common shares...
