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 price and a 14.66% fall for its parent DMCI Holdings. Coal operations account for roughly 45% of Semirara’s profit, and analysts warn that losing the contract could slash net income by more than half. The company also plans to expand the Acacia mine, potentially raising annual output from 16 MMT to 20 MMT if the bid succeeds.
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....
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...
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...
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....
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...
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,...
Metrobank Sees Private Wealth Investors Turning Choosier in 2026
Metrobank reports private wealth investors in the Philippines becoming more selective in 2026, focusing on disciplined, opportunity‑driven allocation. High‑net‑worth clients favor Asian and emerging‑market equities, especially AI‑linked semiconductor stocks, while keeping equities overweight versus fixed income. Fixed‑income exposure is added...
Critical Minerals Deal Benefit Goes Beyond Mining
The Philippines and the United States have signed a critical minerals agreement that goes beyond raw‑material extraction, targeting downstream processing, power generation, logistics and chemical handling. The Department of Trade and Industry says the pact adopts a whole‑of‑government approach to...
PSEi Climbs 1.98% on Peso Strength, Wall Street Cues
Philippine stocks rebounded on Tuesday as the PSEi jumped 1.98% to 6,474.60, driven by a stronger peso and upbeat cues from Wall Street. The rally snapped a brief stretch of weakness, though overall trading remained muted amid lingering investor caution....
Bank Lending Slows in December 2025 Despite Rate Cuts
Bank lending in the Philippines slowed in December 2025, with big‑bank loan balances rising 9.2% year‑on‑year to P14.3 trillion. Despite aggressive rate cuts by the Bangko Sentral ng Pilipinas, new loan growth lagged behind expectations. The slowdown reflects a confidence crisis...
Tokyo Stocks Strike Record High After Japanese Premier Wins Vote
Japanese stocks surged to a record high on Monday after Prime Minister Sanae Takaichi secured a decisive victory in a snap parliamentary election. The Nikkei 225 broke its previous peak, reflecting renewed confidence in political stability and potential fiscal stimulus....
BSP Unlikely to Tolerate Peso Fall Past 60:$1
The Bangko Sentral ng Pilipinas (BSP) is signaling readiness to intervene if the Philippine peso slides past the 60‑to‑1 dollar threshold, according to BMI Research. The central bank’s potential action aims to curb excessive weakness that could exacerbate inflation and...
SEC Upholds Fines vs NOW over Disclosure Violation
The Philippine Securities and Exchange Commission affirmed PHP1 million fines for NOW Corp. and its chair Mel Velarde after finding their November 2021 market disclosure misleading. The regulator rejected NOW’s appeal, labeling the statement a "half‑truth" that misled investors about a alleged...
GCash Parent Mynt Keeps IPO Option Open
Mynt, the parent of GCash, is keeping an IPO on the table while accelerating its payments, lending and wealth‑management services. The fintech arm delivered P6.1 billion in attributable equity earnings in 2025, a 64% jump year‑on‑year, and its lending subsidiary Fuse...