The Philippine Competition Commission (PCC) has approved a proposed joint venture involving GCMC Holdings, Inc., Navegar II (Singapore) Pte. Ltd., and Leapfrog Emerging Consumer Fund IV, LP, clearing the transaction after a Phase 1 review.
The Philippine Competition Commission (PCC) has flagged competition risks in the design of earlier Green Energy Auction Program (GEAP) rounds, prompting the Department of Energy (DOE) to fine-tune its bidding framework as the government pushes to scale up renewable energy capacity.
The Philippine Competition Commission (PCC) has approved the merger of FPG Insurance Co. Inc. and The Mercantile Insurance Company, Inc., clearing the way for one of the most significant consolidations yet in the country’s non-life insurance sector.
The Philippine Competition Commission (PCC) and the Land Transportation Franchising and Regulatory Board (LTFRB) are teaming up to shake up public transport.
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.
Filinvest Development Corp. (FDC) and Filinvest Land Inc. (FLI) are shutting down their in-house construction arm as the property group shifts to third-party contractors to support its expanding real estate operations.
Higher depreciation and net interest expenses, coupled with nonrecurring gains booked in the previous year, dragged down Globe Telecom’s net income by 7 percent to P16.5 billion in the first nine months of 2026 from P17.7 billion a year earlier, offsetting gains from stronger demand for mobile data, fiber broadband, and corporate connectivity.
FedEx has added online duty and tax payments to its Philippine import platform, allowing customers to settle customs charges through cards, e-wallets, and bank transfers without logging in.
Stronger hotel, mall, and office leasing revenues lifted Megaworld Corp.’s net income by 6 percent to P19 billion in the first nine months of 2026, cushioning modest growth in residential sales and consolidated revenues.