Aboitiz Power Corp. has filed the shelf registration with the Securities and Exchange Commission (SEC) of fixed-rate retail bonds worth up to ₱100 billion, a move seen as a significant step in fortifying its capital structure and supporting its aggressive renewable energy expansion plans.
SM Prime Holdings Inc., one of the country's largest integrated property developers and mall operators, reported an 11 percent year-on-year increase in net income for the first quarter of 2025, reaching ₱11.9 billion, driven by resilient domestic demand and its diversified portfolio.
Manila Electric Co. (Meralco) is preparing to launch competitive selection processes (CSPs) for 2,951.426 megawatts (MW) of electricity supply, opening a significant commercial opportunity for power generators looking to secure long-term contracts in the Philippines' largest power distribution market.
International credit watchdog Fitch Ratings has reaffirmed the Philippines’ long-term foreign currency issuer default rating at “BBB” with a stable outlook, citing the government’s effective monetary policy and macroeconomic resilience, especially in curbing inflation.
