Corporate

Ayala Land Hospitality Corp., a newly-rebranded unit of Ayala Land Inc., is set to invest approximately USD500 million through 2030 to double its hotel and resort room capacity. Formerly known as Ayala Land Hotels and Resorts, the company plans to increase its room keys from 4,000 to 7,500 as part of its strategic expansion in anticipation of a tourism surge in the Philippines.

Shakey’s Pizza Ventures Inc. is set to open around 20 new branches this year, with half of these to be franchised and the other half company-owned. This marks a continuation of the company’s growth strategy, following the addition of 20 branches in 2024, according to company president Vicente Gregorio.

The Court of Appeals has upheld the Securities and Exchange Commission (SEC) cease-and-desist order (CDO) against Superbreakthrough Enterprises Corp., operating as 1UP Time, for illegally soliciting investments from the public. In a ruling on 11 February 2025, the Fifth Division of the appellate court rejected the company’s petition and confirmed the SEC’s decision making the CDO permanent.

The SM Group’s corporate social responsibility (CSR) arm, SM Foundation, has reaffirmed its commitment to responsible and inclusive growth by providing swift assistance to underserved communities in times of need. With a focus on disaster relief and community development, SM Foundation has distributed nearly one million Kalinga Packs and conducted over 780 relief missions to date.

KrisFlyer, Singapore Airlines' (SIA) popular lifestyle rewards program, is celebrating a major milestone of 10 million members in March 2025. To mark the occasion, the program is offering a series of lucrative promotions, including bonus miles, discounted miles redemptions, and enhanced accrual options for members.