Corporate

Cebuana Lhuillier insurance wins fifth Asia award

Cebuana Lhuillier Insurance Brokers (CLIB) is doubling down on insurance accessibility after securing its fifth consecutive Domestic Broker of the Year — Philippines award at the Insurance Asia Awards 2026.

Bloomberry bets on digital growth as VIP demand softens

Bloomberry Resorts Corp. is leaning harder into digital gaming and cost discipline as weak demand from VIP and premium mass players keeps pressure on its traditional gaming business.

Asiabest Group shareholders back expansion and recapitalization plan

Asiabest Group International, Inc. (ABG) secured stockholder approval for a major expansion and recapitalization program during its annual meeting held August 11, 2026.

Alliance Global profit rises on recurring income

Alliance Global Group Inc. (AGI), the holding company of tycoon Andrew L. Tan, posted net income of P16.0 billion in the first half of 2026, up 3 percent from P15.6 billion a year earlier, excluding one-time gains from the deconsolidation of Golden Arches Development Corp. in 2025.

PLDT flags material weakness in financial controls

PLDT Inc. said it has identified a material weakness in its internal controls over financial reporting as of December 31, 2025, after a reassessment of deficiencies tied to the accounting of certain structured hedge arrangements.

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