SM Prime Holdings Inc. is paving the way for a fresh funding channel after its board of directors approved the reclassification of 100 million unissued common shares into 100 million preferred shares, a move designed to broaden its capital-raising flexibility and attract a wider investor base.
SM Prime Holdings is accelerating its push into the regions, announcing plans to open four new malls outside Metro Manila in 2026 in a move that underscores confidence in provincial consumer growth.
SM Prime Holdings is making a bold play to turn the Visayas into the country’s next marquee events corridor, banking on the SM Seaside Cebu Arena to draw global acts, foreign fans and fresh investment outside Metro Manila.
The Philippine Exporters Confederation, Inc. has pushed back against allegations that Philippine exports are linked to forced labor, warning that a proposed US tariff increase could unfairly penalize compliant businesses and workers.
The National Privacy Commission (NPC) is ramping up efforts to strengthen data protection and govern emerging technologies, unveiling plans to expand its regional presence and deepen oversight of artificial intelligence as it marked its 10th anniversary during National Data Privacy Awareness Week 2026.
The Department of Agriculture on Wednesday (DA) said that the construction of major farm‑to‑market roads (FMR) under its program is set to begin by August this year, with bidding activities scheduled from June to July. In a briefing in Quezon City, DA assistant secretary and spokesperson Arnel de Mesa, who also chairs the Bids and Awards Committee (BAC) for large FMR projects, said preparations are already underway, including a pre‑procurement conference scheduled soon.
The Department of Environment and Natural Resources (DENR) will hold a public hearing on June 24, 2026 for Energy Development Corporation’s proposed P25-billion expansion and upgrade of the Southern Negros Geothermal Project steam field in Valencia, Negros Oriental.