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...
Fuel prices willl see mixed adjustments for the fourth week in a row, taking effect Tuesday morning, October 27. Gasoline will go down by P0.30 per liter, while diesel rises P1.20 per liter and kerosene goes up by P0.50 per liter, as confirmed by major suppliers including Petron and Seaoil, following the Department of Energy’s announcement Monday.
The Department of Energy (DOE) confirmed Monday the government is pursuing multiple financing avenues to kickstart the country’s nuclear energy program, with the United States offering at least $5 billion in potential funding support.
Ayala Land Premier (ALP) has begun turning over units at Gardencourt Residences, bringing its garden-centered residential concept to life at Arca South, the 74-hectare mixed-use estate in Taguig.
The Bureau of Internal Revenue (BIR) has suspended the Oct. 31 deadline for taxpayers to post a registration badge online, responding to privacy and technical concerns raised by online sellers, content creators and other taxpayers.