Recent Posts
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 investments.
Philippine Daily Inquirer – Business
News•Feb 20, 2026
Philippine Banks Deliver Another Banner Year
Philippine banks posted a record P403.1 billion net profit in 2025, up 3% year‑over‑year and the highest since 2008. Strong net interest income, which jumped 11% to P1.15 trillion, and a 10% rise in non‑interest income drove the earnings surge, despite a...
By Philippine Daily Inquirer – Business
News•Feb 20, 2026
Ayala Land ’26 Capex at P 70B-P 80B
Ayala Land Inc. announced a 2026 capital‑expenditure budget of PHP 70‑80 billion. Roughly 38 % of the funds will be directed toward leasing assets such as malls, offices and hotels, while the balance will support residential projects and land acquisition. The allocation highlights...
By 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 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
News•Feb 17, 2026
Landbank Raises P50B via Sustainability Bonds
State‑owned Land Bank of the Philippines successfully raised P50 billion through its new Agriculture, Sustainability, Environment, and Socioeconomic Development (ASENSO) sustainability bonds. The issuance, listed on PDEx on Feb 16, surpassed the original P30 billion goal, prompting an early close after attracting 7,000...
By Philippine Daily Inquirer – Business
News•Feb 17, 2026
Semirara Hopes to Win Coal Mine Bidding
Semirara Mining and Power Corp is urging that its long‑standing technical expertise will help it retain the coal‑mining concession that expires in 2027, even as the Philippine government prepares an auction. The announcement triggered a 21.39% drop in Semirara’s share...
By Philippine Daily Inquirer – Business
News•Feb 16, 2026
SM Prime Net Income Rose 7% to P48.8B in 2025
SM Prime Holdings reported a 7% rise in net income to P48.8 billion for 2025, driven by stronger commercial‑property revenues and disciplined cost control. Consolidated revenue edged up to P141.1 billion, with malls contributing P85.1 billion, while total expenses fell 4% to P69.4 billion....
By Philippine Daily Inquirer – Business
News•Feb 16, 2026
Semirara, DMCI Shares Drop Amid Non-Renewal of Coal Contract
Semirara Mining and Power Corp (SMPC) and its parent DMCI Holdings saw their shares tumble after the Philippine government rejected a request to extend SMPC's coal mine contract by 13 years. At 1:20 p.m., SMPC’s stock slid 21.23% to PHP 26.15, while...
By Philippine Daily Inquirer – Business
News•Feb 16, 2026
Oil Price Hike of up to P1.20/liter Set for Feb. 17
Motorists in the Philippines will face a gasoline price increase of up to P1.20 per liter starting February 17, as announced by Seaoil. This marks the sixth consecutive weekly hike in fuel costs. The rise reflects ongoing pressure from global...
By Philippine Daily Inquirer – Business
News•Feb 16, 2026
Asia United Bank Posts Record P12.7-B Profit in 2025
Asia United Bank (AUB) posted a record net income of P12.7 billion for 2025, a 12% rise from the prior year. The profit surge was anchored by a 13% expansion in its commercial loan portfolio, reflecting strong demand for corporate financing....
By 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
News•Feb 11, 2026
Globe Offers up to 6.7631% Dividend Rate for Preferred Shares
Globe Telecom, led by Ayala, announced the final terms for its perpetual preferred share offering, featuring a dividend rate of up to 6.7631%. The base tranche consists of 7.5 million non‑voting shares priced at ₱2,000 each, raising up to ₱15 billion, with...
By Philippine Daily Inquirer – Business
News•Feb 11, 2026
Philippine Recovery Clouded by Graft Probe, Weak Infrastructure Investment – ANZ
ANZ’s chief economist Sanjay Mathur warns that the Philippines’ economic recovery is at risk due to a lingering graft investigation that has sapped confidence and a continued shortfall in public spending. The slowdown is compounded by historically weak infrastructure investment,...
By 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