Corporate
Two Filipinas make Forbes Asia’s power businesswomen list
Ayala Corp. heiress Mariana Zobel de Ayala and Robinsons Land Corp. (RLC) president and CEO Mybelle V. Aragon-GoBio have been named to Forbes Asia’s 2025 Power Businesswomen list, recognizing 20 influential female leaders driving change across the region.
AEV gains strong 3Q momentum
Aboitiz Equity Ventures Inc. (AEV) reported a consolidated net income of ₱8.9 billion for the third quarter of 2025, a 71 percent increase from the previous quarter, driven by stronger performance across most of its business units. The result underscored the group’s resilience and ongoing transformation into the Philippines’ first “techglomerate,” a future-ready conglomerate powered by innovation, sustainability, and collaboration.
Fraud costs businesses P4 trillion
Fraud continues to take a major toll on Philippine businesses, costing companies the equivalent of 6 percent of their annual revenues, or about P4 trillion, over the past year, according to TransUnion’s H2 2025 Top Fraud Trends Report. While slightly below the global average of 7.7 percent, the figure underscores the heavy financial strain fraud places on organizations across the country.
Security Bank opens new branch in Kawit, Cavite
Security Bank has opened its newest branch in Kawit, Cavite — its 363rd branch nationwide and 12th in the province — as part of its goal to make banking more accessible outside Metro Manila.
SMPC net income falls 37% despite record coal and power output
Semirara Mining and Power Corp. (SMPC) reported a 37 percent drop in net income to P9.9 billion for the first nine months of 2025, down from P15.7 billion in the same period last year, citing lower coal and electricity prices despite record-high production and sales.
