Corporate

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 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 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, 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.

Philippine Seven Corp. (PSC), the exclusive operator of 7-Eleven stores in the Philippines, is accelerating its expansion in the Visayas and Mindanao, citing limited competition and untapped market potential in these regions.