Corporate

The Philippine Competition Commission (PCC) has given the green light for the sale of a 40 percent stake in Aboitiz InfraCapital Inc. (AIC) to Global Infrastructure Partners (GIP), an investment firm under BlackRock.

Home Credit Philippines is strengthening its commitment to consumer protection, responsible lending, and fraud prevention through a larger leadership role in the Credit Card Association of the Philippines (CCAP).

The Jollibee Group has broadened its employment program for senior citizens and persons with disabilities (PWDs) through a new agreement with the Taguig City Government. Sixteen company-owned outlets—covering Jollibee, Chowking, Greenwich, and Burger King—will join, with each store set to hire two seniors and one PWD.

SM Retail, the retail arm of the SM Group, has received the NPC Seal of Registration Compliance Excellence Award from the National Privacy Commission (NPC) at the recent National Data Privacy Conference in Parañaque City. The award recognizes organizations that consistently display their NPC registration seal across all operations and digital platforms to demonstrate transparency and accountability.

The Japan Credit Rating Agency, Ltd. (JCR) has reaffirmed Ayala Corporation’s A- long-term foreign currency issuer rating, keeping its outlook stable. The decision reflects confidence in the company’s wide-ranging business portfolio, consistent earnings performance, and careful financial management.