The Gokongwei group is revving into a new growth lane after the Philippine Competition Commission (PCC) cleared Robinsons Supermarket Corporation’s acquisition of 100 percent of Premiumbikes Corp., marking the retailer’s first foray into the automotive sector.
The Philippine Competition Commission (PCC) is making it easier for citizens to report potential anti-competitive practices with the launch of its online case reporting system.
The Philippine Competition Commission (PCC) has cleared Metro Pacific Agro Ventures Inc.’s takeover of Franklin Baker Company of the Philippines, paving the way for a major consolidation in the country’s coconut industry.
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.