Corporate

EastWest Bank is doubling down on prudent expansion, sharpening its focus on wealth management, hyper-local growth, and digitalization as it navigates a more uncertain economic landscape.

MREIT Inc., the real estate investment trust arm of Megaworld Corp., posted its strongest quarterly performance to date in the first quarter, as a recently completed acquisition and improved operating efficiency combined to drive broad based growth in earnings, revenues, and margins.

China Banking Corp., the country’s 5th largest lender by assets, sustained its growth momentum in the first quarter, posting a net income of P6.8 billion, up 4 percent year on year, as lending and deposit activities continued to drive performance despite a still evolving interest rate environment.

Energy company ACEN Corp. said it is considering several ways to raise additional capital within the next 6 to 12 months to support its renewable energy (RE) projects.

A deepening corporate power struggle inside one of the Philippines’ most influential business families has escalated into a regulatory flashpoint, with the controlling shareholders of Lopez Inc. calling for an official probe into alleged disclosure lapses tied to major energy transactions and so-called "poison pill" provisions.