For generations, the work of a mananguete has depended on strong legs, steady hands and a willingness to climb towering coconut trees in the dead of night. For mechanical engineer Arniel “Maxi” Cunahap, it also became the inspiration for a patented invention that could transform one of Philippine agriculture’s most dangerous jobs.
The Securities and Exchange Commission is redrawing the rulebook for companies eyeing a stock market debut, proposing a tiered minimum public ownership (MPO) framework that could make it easier—especially for large firms—to list on the Philippine Stock Exchange.
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.
Maynilad Water Services Inc.’s market debut came with a splash and a safety net. UBS AG Singapore Branch, acting as the stabilization agent for the utility’s initial public offering, snapped up a hefty 144.3 million Maynilad shares during the stabilization window after the stock slipped below its P15 IPO price.
Ayala Corp., the diversified investment holding company of the Ayala Group, said that the Securities and Exchange Commission (SEC) has approved the amendment of...
The Bases Conversion and Development Authority (BCDA) and Japan’s Zip Infrastructure Co. Ltd. have moved closer to testing a self-driving cable car system in Camp John Hay, signing an agreement that sets the stage for feasibility studies, financing discussions, and a possible joint venture.
DHL Express Philippines plans to make its entire delivery fleet electric by 2030, putting the country ahead of DHL’s global target of at least 60 percent electric vehicles by the end of the decade.
Indian luxury jewelry maker Ivani Diamonds is exploring a potential export manufacturing and raw-material processing operation in the Philippines, with Davao and other parts of Mindanao among locations under consideration.
The Manila Electric Co. (Meralco) has joined forces with Banahaw Technological College Inc. (BTCI) through a newly signed agreement designed to prepare students for real-world careers in the energy sector through a specialized talent farm program.