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News•Mar 2, 2026
T-Bill Yields Climb After 7-Week Slide
Philippine Treasury bill yields rose for the first time in seven weeks as investors priced in higher inflation expectations and geopolitical tension. The Bureau of the Treasury auctioned P27 billion of T‑bills, well below the typical P37.8 billion raised earlier this year. Average yields increased to 4.311% for 91‑day, 4.417% for 182‑day and 4.564% for 364‑day bills. The move reflects cautious market sentiment ahead of February inflation data and the escalating US‑Israel‑Iran conflict affecting global oil supplies.
By Philippine Daily Inquirer – Business
News•Mar 2, 2026
PSEi Falls 2.79% as Middle East Tensions Spark Sell-Off
Philippine stocks tumbled on Monday as the PSEi slipped 2.79% to 6,426.83 points, driven by heightened US‑Iran tensions and fears of rising oil prices. The sell‑off was broad‑based, with the services sector falling 4.11% and foreign investors exiting with net...
By Philippine Daily Inquirer – Business
News•Mar 2, 2026
Globe Raises P25B From Preferred Shares Sale
Globe Telecom, led by Ayala, raised PHP 25 billion through an oversubscribed non‑voting perpetual preferred‑share offering. The company issued 12.5 million shares at PHP 2,000 each, achieving 2.4‑times oversubscription and exercising a PHP 10 billion oversubscription option for an extra 5 million shares. Dividend rates were set...
By Philippine Daily Inquirer – Business
News•Mar 2, 2026
UnionBank Profit Dropped to P10B in 2025
UnionBank of the Philippines reported a 17% drop in net income for 2025, posting P10 billion versus P12 billion the prior year. Despite the profit dip, net revenues climbed to P83.2 billion, driven by robust loan growth and higher transaction volumes. The bank’s...
By Philippine Daily Inquirer – Business
Deals•Mar 2, 2026
Globe Telecom Raises P25 Billion via Preferred Shares Offering
Ayala‑led Globe Telecom Inc. completed an oversubscribed non‑voting perpetual preferred shares offering, raising P25 billion. The company issued 12.5 million shares at P2,000 each, 2.4 times oversubscribed, and will use proceeds to redeem US‑dollar perpetual capital securities and fund network and digital infrastructure...
Philippine Daily Inquirer – Business
News•Feb 28, 2026
LT Group Books 4th Straight Record Earnings in 2025 at P31B
LT Group Inc. reported a record P30.98 billion net income for 2025, a 7 percent increase over 2024, marking its fourth consecutive year of record earnings. Philippine National Bank drove nearly half of the profit, contributing P14.26 billion as its net income rose...
By Philippine Daily Inquirer – Business
News•Feb 25, 2026
Jollibee Breaks Into World’s Top 5 Restaurant Brands
Jollibee Foods Corp. has entered the top five strongest restaurant brands worldwide, according to Brand Finance’s Restaurants 25 2026 ranking. The Filipino fast‑food giant rose to fifth place, up from ninth in the previous year’s list. The climb reflects robust...
By Philippine Daily Inquirer – Business
News•Feb 25, 2026
Power Generation Lifts Meralco’s 2025 Profit by 12%
Manila Electric Co. (Meralco) posted a record 2025, with consolidated core net income rising 12% to P50.57 billion, surpassing its P50 billion profit target. The boost came primarily from its power‑generation arm, which grew its share of profit to 33% and contributed...
By Philippine Daily Inquirer – Business
News•Feb 24, 2026
Philex 2025 Income Climbs to P929.69M on Record Metal Prices
Philex Mining Corp posted a net income of P929.69 million in 2025, a 14.7% rise year‑over‑year, driven by record‑high gold and copper prices and a favorable peso exchange rate. Revenues climbed 8.2% to P8.85 billion, while core net income surged 43.6% to...
By Philippine Daily Inquirer – Business
News•Feb 24, 2026
SEC Revises IPO Float Rules to Revive Listings
The Philippine Securities and Exchange Commission issued Memorandum Circular No. 11, Series of 2026, revising public‑ownership requirements for IPOs. The new tiered framework reduces the minimum float to 33 percent for firms under P500 million and as low as 15 percent for companies above P50 billion, with a...
By Philippine Daily Inquirer – Business
News•Feb 24, 2026
Maynilad 2025 Profit Jumps 19% to P15.2B
Maynilad Water Services, Inc. reported a 19% jump in consolidated net income for 2025, reaching P15.2 billion versus P12.8 billion a year earlier. The growth stemmed from stronger revenue streams and notable gains in operating efficiency. The utility highlighted double‑digit income growth,...
By Philippine Daily Inquirer – Business
News•Feb 23, 2026
Asian Stocks Rally After Trump’s Supreme Court Tariffs Blow
The U.S. Supreme Court invalidated most of President Trump’s tariffs enacted under the International Emergency Economic Powers Act, delivering a sharp policy reversal. Asian equity markets responded positively, with technology and e‑commerce stocks leading gains and Hong Kong’s Hang Seng up...
By Philippine Daily Inquirer – Business
News•Feb 23, 2026
PSEi Climbs to 6,488 as Earnings Lift Market Sentiment
The Philippine Stock Exchange Index rose to 6,488.51, gaining 0.36% as earnings releases spurred buying in industrial, mining and oil stocks. Turnover hovered around P6.12 billion, reflecting measured participation despite subdued volume from global tariff worries. Market breadth stayed positive with...
By Philippine Daily Inquirer – Business
Deals•Feb 20, 2026
AREIT Approves P19.5B Property-for-Share Swap with Ayala Land
AREIT Inc., the REIT of Ayala Land, secured shareholder approval for a property‑for‑share swap with sponsor Ayala Land and its subsidiary Summerhill Commercial Ventures Corp., involving assets such as Ayala Center Cebu and Ayala Malls Feliz. Valued at P19.5 billion, the...
Philippine Daily Inquirer – Business
Deals•Feb 20, 2026
DBP Grants CamSur P3.5B Loan for Development Projects
The Development Bank of the Philippines (DBP) approved a PHP3.5 billion loan to the Camarines Sur provincial government to fund 112 priority development projects under its economic and social development financing program.
Philippine Daily Inquirer – Business
Deals•Feb 20, 2026
Century Properties Lists P5B Retail Bonds on PDEx
Century Properties Group, Inc. listed P5 billion of fixed‑rate retail bonds on the Philippine Dealing & Exchange Corp. (PDEx) on Feb. 20, 2026, with a first tranche of P3 billion and an oversubscribed option of P2 billion. Proceeds will fund expansion projects, including affordable‑housing...
Philippine Daily Inquirer – Business
Deals•Feb 20, 2026
Vitarich Corp to Acquire Broilers Club, Inc. For P280 Million
Vitarich Corp. announced it will acquire Broilers Club, Inc. (BCI) and its breeder farm facilities in Davao del Sur for P280 million, after board approval and due diligence. The acquisition is expected to close within February.
Philippine Daily Inquirer – Business
Deals•Feb 16, 2026
Landbank Raises P50B via Sustainability Bonds
State‑owned Land Bank of the Philippines raised P50 billion through its ASENSO sustainability bonds, which were listed on the Philippine Dealing and Exchange Corp. on Feb 16, exceeding the P30 billion target and closing early. The proceeds will fund renewable energy, green buildings,...
Philippine Daily Inquirer – Business
Deals•Feb 11, 2026
Globe Telecom Sets 6.7631% Dividend for up to P25B Perpetual Preferred Share Offering
Ayala‑led Globe Telecom announced the final dividend rates for its upcoming perpetual preferred share offering, targeting up to P25 billion in proceeds. The base offer comprises 7.5 million non‑voting preferred shares at P2,000 each, with a dividend rate of up to 6.7631%,...
Philippine Daily Inquirer – Business