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PCC revisits Robinsons Retail pharmaceutical acquisition

The Philippine Competition Commission (PCC) is taking a second look at the acquisition of Visayas-based Rose Pharmacy by Robinsons Retail Holdings Inc.

Fintech successfully raises $2.1M from investors

BayaniPay, a global payments solution platform, on Wednesday bared expanding its seed fund to $6.6 million from existing investors to help cement its status as a powerhouse cross-border fintech company.

Budget airline seeks more airport slots to serve an expanding market

AirAsia Philippines on Wednesday bared eyeing additional airport slots to service more flights to Visayas and Mindanao.

San Miguel plans to raise P65B via sale of preferred shares

San Miguel Corp. is looking to raise P65 billion through the public offering of 866.7 million series 2 preferred shares within the next three...

Maynilad budgets P3B to upgrade aging STPs over five years

Maynilad Water Services Inc, the country's largest water concessionaire, has budgeted P3 billion for the construction of 18 new sewage treatment plants (STP) and upgrade 17 more existing STPs over the next five years.

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Inflation hits 7.8%, fastest since February 2023

Philippine inflation accelerated to 7.8 percent in October from 7.2 percent in September, driven by sharply higher transport costs, rising housing and utility expenses, and persistent rice price increases that continued to squeeze household budgets despite some relief from slower food inflation.

OceanaGold Q3 profit rises 5% to $28.3M

OceanaGold (Philippines) Inc. grew its third-quarter net income by 5 percent to USD28.3 million as higher gold prices, improved by-product credits, and lower sustaining capital expenditures boosted margins and generated USD51.4 million in free cash flow at its Didipio gold-copper mine.

Maynilad 9-month profit rises 10% to P12.6B

Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.

PEZA eyes 200 ecozones to draw investments to Luzon corridor

The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.

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