Corporate

SM Prime Holdings, Inc., one of the largest integrated property developers in Southeast Asia controlled by the Sy Group, is setting aside about P100 billion in capital expenditures for 2026, matching last year’s outlay while sharpening its focus on returns after posting a 7 percent rise in 2025 profit.

Jollibee Foods Corp. (JFC) announced Monday that subsidiary Jolli-K Co. Ltd. has acquired South Korea’s All Day Fresh Co. Ltd., the operator of the popular hot pot and all-you-can-eat brand Shabu All Day, for approximately ₱5.09 billion (KRW126.85 billion).

Globe has claimed the top spot in Ookla®’s 2025 Speedtest Verified rankings, earning recognition as the Most Consistent Mobile Network, Most Consistent Fixed Network, and the provider with the Widest 5G Coverage in the Philippines.

Asia United Bank posted a record 12 percent rise in net income to P12.7 billion in 2025, driven by a stronger commercial lending portfolio and improved operational efficiency.

First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion.