Corporate

After more than 20 years in service, Navy Cmdr. Juphett Navida opted for early retirement so he could spend more time with his family after years of deployment in remote and high-risk areas. While considering his next step, he joined a weeklong training under Saludo sa Serbisyo, Ayala Corporation’s flagship program that supports the country’s uniformed personnel in preparing for life after service.

Concepcion Industrial Corp., a maker of air conditioners and refrigerators, reported higher sales in the fourth quarter of last year, but its full-year net income declined.

The Philippines staged a strong comeback in equity capital markets in 2025, powered by the blockbuster initial public offering of Maynilad Water Services, Inc., which ranked as the third-largest IPO in Southeast Asia, according to Deloitte’s Southeast Asia IPO Capital Market Report 2025.

Ipilan Nickel Corp., the Palawan-based operating unit of Global Ferronickel Holdings Inc., has officially opened its 2026 mining season, loading and shipping its first batch of nickel ore for the year to China—an early signal of operational momentum amid steady regional demand.

The Bank of the Philippine Islands (BPI) is stepping up efforts to make banking more accessible and useful to Filipinos, especially those who are underserved or unbanked.