Ayala Land Inc. (ALI) said Thursday that it has raised approximately P489 million from a block sale of 12 million common shares in Areit Inc., its real estate investment trust (REIT), to institutional investors. The shares were priced at P40.78 apiece, representing a slight discount from Areit’s last traded price of P41.50.
Shakey’s Pizza Asia Ventures Inc. is set to introduce its Potato Corner brand in Taiwan and Laos by year-end. The move underscores the company's commitment to scale its iconic snack brand in new high-growth markets.
Smart Communications, Inc. (Smart) has entered into a strategic partnership with D One Legacy PH Corp. to equip more Filipinos with tools to succeed in the digital economy while strengthening Smart’s market reach through grassroots retail distribution.
Philippine Airlines (PAL) will increase its Manila-Seattle service to five weekly flights starting 25 November 2025, up from the current three, as part of its strategic push to strengthen air connectivity between the Philippines and the United States.