Tag: Filinvest Development

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Filinvest powers ahead with broad-based momentum

Filinvest Development Corp. (FDC) turned in a strong performance in the first nine months of 2025, propelled by across-the-board growth that saw all major business segments expanding despite persistent market challenges.

Filinvest merges hospitality units for expansion

Filinvest Development Corp. (FDC), the listed investment holding company of the Gotianun Group, has approved a plan to consolidate several wholly-owned subsidiaries under its hospitality division as part of an internal corporate restructuring initiative.

Filinvest Development gets SEC nod on P8B offering

Filinvest Development Corp., the investment holding company of the Gotianun Group, has secured approval from the Securities and Exchange Commission (SEC) for its follow-on...

Filinvest Development plans P8B preferred share offering

Filinvest Development Corp., one of the Philippines’ largest diversified d, has filed a registration statement with the Securities and Exchange Commission (SEC) and a listing application with the Philippine Stock Exchange (PSE) for the public offering of up to 8 million preferred shares priced at P1,000 each.

Monthly public ownership reports required of dozen PSE-listed firms

A little over a dozen companies listed on the Philippine Stock Exchange (PSE), including those owned by prominent families, are now required to submit monthly public ownership reports (POR)—an early-warning system established by the bourse to monitor firms teetering close to the minimum ownership threshold.

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LRT-2 taps cashless fares with P1 ride promo 

Commuters on the Light Rail Transit Line 2 (LRT-2) can now leave both cash and stored-value cards at home as the government rolls out a digital fare payment system that allows passengers to pay with contactless bank cards, mobile wallets and QR codes, marking another step toward a fully cashless public transport network.

Employers seek better PhilHealth benefits

The Employers Confederation of the Philippines (ECOP) has backed Executive Secretary Ralph Recto's call for the Philippine Health Insurance Corp. (PhilHealth) to enhance benefit packages for direct contributors, saying workers and employers who consistently pay into the national health insurance system deserve better value and more meaningful protection.

Alex Eala serves up another victory beyond tennis

Fresh from her breakthrough run at Wimbledon, the 21-year-old tennis star stepped into Malacañang on Monday, where President Ferdinand R. Marcos Jr. traded Centre Court for the Palace and presented her with a Presidential Citation, recognizing a young athlete who has become one of the Philippines' brightest sporting ambassadors.

Angat Dam still below target levels despite recent Luzon rains

The Angat Dam’s water level remains below ideal marks even after heavy rains hit Luzon over the past week, the National Water Resources Board (NWRB) confirmed on Monday. Speaking at the Bagong Pilipinas public briefing, NWRB executive director Dr. Sevillo David Jr. noted the level rose slightly to 156.07 meters thanks to the southwest monsoon, but this is still the lowest reading recorded at the dam since 2010. He said the dam has yet to hit the 160-meter critical level, and ideally needs to reach the 180-meter minimum operating level, adding the agency is counting on more rainfall in Bulacan in the coming days to boost supplies. Angat Dam provides most of the raw water used by Metro Manila and nearby provinces, distributed by concessionaires Maynilad and Manila Water.

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