Corporate

Philippine Airlines (PAL) reported a 6.1 percent increase in net income to US$160.4 million in 2025, despite a difficult year for the global aviation industry.

A long-simmering family dispute at Lopez Inc. has erupted into a full-blown governance battle, after shareholders aligned with Eugenio Gabriel “Gabby” Lopez III voted to remove Federico “Piki” Lopez as president and chief executive officer of the privately-held investment holding company, citing a breakdown in trust tied to undisclosed multibillion-peso transactions.

PhilWeb Corp. announced Tuesday that it is entering the game content distribution and aggregation business after securing business-to-business accreditation from Philippine Amusement and Gaming Corp..

A Makati court has rejected GMA Network Inc.’s request to temporarily stop a new rule from the Securities and Exchange Commission (SEC) that limits how long independent directors can serve in publicly listed companies.

Manila Water Company said customers in the East Zone will continue to receive reliable water service throughout Holy Week, even as demand rises due to the summer season.