- PSE firm on P170-B capital-raising target despite market uncertainties
THE Philippine Stock Exchange (PSE) said it remains firm on its P170-billion capital-raising target this year despite global market uncertainties linked to the conflict in the Middle East. “I’m still firm with my P170-billion capital raising,” PSE President and Chief Executive Officer Ramon S. Monzon told reporters on the sidelines of the PSE’s InvestPH conference
- SM Prime to open Zamboanga mall, its 90th nationwide
SY-LED property developer SM Prime Holdings, Inc. will open a new mall in Zamboanga City on March 20, marking its eighth in Mindanao and 90th nationwide. The four-level mall will add more than 42,000 square meters of gross leasable space to the local retail market and will open with a mix of tenants. “Zamboanga is
- Meralco unlikely to reduce capex, chairman says
POWER DISTRIBUTOR Manila Electric Co. (Meralco) is likely to retain its planned capital expenditure (capex) program for 2026, its chairman said, as the group reviews spending plans amid global uncertainties. “There is an approved one for 2026, of course. But I doubt whether we will reduce it for Meralco and MGEN (Meralco PowerGen Corp.),” Meralco
- Rockwell lists P10-B bonds on PDEx
ROCKWELL LAND CORP. listed its P10-billion fixed-rate bonds on the Philippine Dealing & Exchange Corp. (PDEx), marking its return to the domestic debt market after more than a decade. In a disclosure to the stock exchange on Wednesday, the company said the issuance consists of three-year bonds with a 5.5666% annual interest rate and five-year
- FAST urges co-loading to cut logistics costs amid fuel pressures
THE FAST-MOVING consumer goods (FMCG) industry should consider adopting co-loading delivery models to manage transport costs amid fuel price shocks, according to FAST Logistics Group. In a statement on Wednesday, FAST Chief Executive Officer for Logistics Manuel L. Onrejas, Jr. said companies should look into co-loading as a practical approach amid oil price increases driven
- Yuchengco-led BKS energizes P1.8-B solar farm in Isabela
YUCHENGCO-LED BKS Green Energy Corp. said it expects to supply electricity to around 33,000 households annually after energizing a 40-megawatt (MW) solar farm in San Pablo, Isabela. In a statement on Wednesday, BKS Green said it has switched on its first renewable energy project in the Cagayan Valley, which can generate about 59 gigawatt-hours of
- Megawide order book climbs to P50B, driven by housing projects
MEGAWIDE Construction Corp. said its order book reached P50 billion last year, up 15% from a year earlier, driven mainly by residential project contracts. “We are back to our comfortable level of around P50 billion, which will give us more revenue visibility over the medium term,” Megawide Chairman and Chief Executive Officer Edgar B. Saavedra
- SEC cancels Dual Fuel registration over investment solicitation
THE Securities and Exchange Commission (SEC) has canceled the certificate of incorporation of Dual Fuel Petroleum Corp. over what it described as the illegal solicitation of investments from the public. In an order dated Feb. 17, the SEC’s Enforcement and Investor Protection Department (EIPD) said it revoked the company’s registration for violating Section 44 of
- How PSEi member stocks performed — March 18, 2026
Here’s a quick glance at how PSEi stocks fared on Wednesday, March 18, 2026.
- Conglomerates brace for higher operating costs amid Middle East war
Top Philippine conglomerates are signaling a strategic shift, bracing for higher operating costs amid the war in the Middle East and ongoing supply chain instability, even as they remain optimistic about long-term growth. “At this time, with all of this conflict in the Middle East, I guess maybe there’s still a lot of fear in