Corporate

Universal Robina nears end of P8B buyback

Universal Robina Corp., the food arm of the Gokongwei Group, has used up about 87 percent of its P8 billion share buyback program, purchasing 72.4 million shares equivalent to about 3.4 percent of its outstanding shares.

Ayala names Lester Ong as new treasurer

Ayala Corp. is changing the person holding the purse strings, with BPI Capital Corp. president and managing director Lester Ong set to become the conglomerate's new treasurer on January 1, 2027.

Alaska Milk names Marj Garrovillo new managing director

Alaska Milk Corp. is turning to a veteran Filipino executive to lead its next phase of growth as the dairy company seeks to strengthen its brands, expand opportunities, and deepen its role in affordable nutrition.

NLEX Corp. Six-month net income rises 2% to ₱7.46B; toll gains offset traffic dip, cost pressures

NLEX Corporation reported a 2 percent rise in first-half 2026 net income, climbing to ₱7.46 billion from ₱7.33 billion in the same period a year earlier, as higher toll revenues countered softer traffic volumes and steeper operating and maintenance costs driven by an ongoing fuel price crisis.

Public, private sectors boost Central Visayas PPP readiness

Public and private sector leaders gathered July 28–29, 2026 at Cebu Parklane International Hotel for the PPP Ready seminar, uniting to strengthen collaboration and speed up infrastructure development across Central Visayas.

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