Corporate

Record high in new company registrations in 2024

The Securities and Exchange Commission (SEC) announced a record 52,304 new companies registered in 2024, marking a 6 percent increase from prior year. This brings the total number of active SEC-registered companies to 527,710, underscoring the agency’s success in driving corporate formalization in the Philippines.

BDO Foundation boosts healthcare with rehabilitated RHUs

BDO Foundation, the corporate social responsibility arm of BDO Unibank, welcomed 2025 with the turnover of four newly rehabilitated rural health units (RHUs) aimed at improving healthcare access for over 96,000 Filipinos. The newly renovated RHUs are located in Capiz, Abra, and Bohol, including the Ivisan and Sapian RHUs in Capiz, Peñarrubia RHU in Abra, and Pilar RHU in Bohol.

Alsons secures SEC clearance for P3B commercial paper program

Alsons Consolidated Resources Inc. has received approval from the Securities and Exchange Commission (SEC) to launch its P3 billion commercial paper program, according to a disclosure filed with the Philippine Stock Exchange (PSE). The SEC clearance allows Alsons to issue the first tranche of the program, with a base offer of P1.2 billion and an oversubscription option of up to P400 million.

Ayala Group to host US-PH forum in Manila

The Ayala Group will host the 2025 board meeting of the US–Philippines Society in Manila from 10 to 11 February, marking a significant private sector-led forum focused on the economic and diplomatic ties between the two nations.

Nickel Asia selling CNBC shares to Sumitomo Metal

Nickel Asia Corp. (NAC), one of the country's largest mining firms, has signed a share purchase agreement (SPA) with Japanese giant Sumitomo Metal Mining Co. Ltd. (SMM) for the sale of its entire stake in Coral Bay Nickel Corp. (CBNC).

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