Latest Business News

Robinsons Retail Holdings, Inc. (RRHI) on Friday said its board approved the voluntary delisting of its shares from the Philippine Stock Exchange (PSE), following a notice of intent from controlling shareholder JE Holdings, Inc. to conduct a tender offer. In a disclosure, the Gokongwei-led retailer said JE Holdings plans to launch a tender offer for

Majority of Philippine businesses, or 80%, expect messaging-based commerce to be “strategic or transformational for revenue” in the next two years, yet “fragmented” messaging remains a barrier that stifles customer engagement and growth, according to a study commissioned by Rakuten Viber. The study, released Thursday, surveyed 271 decision-makers from Germany, Greece, Bulgaria, and the Philippines,

TY-LED conglomerate GT Capital Holdings, Inc. reported a 17% increase in its 2025 net income to P33.68 billion, driven by contributions from Metropolitan Bank & Trust Co. (Metrobank) and Toyota Motor Philippines (TMP). “The group’s performance in 2025 underscores the strength and resilience of our portfolio, as we navigated a complex and evolving political and

GOTIANUN-LED Filinvest Development Corp. (FDC) plans to allocate about P27.6 billion in capital expenditure (capex) for this year to support expansion and system upgrades. The 2026 capex is 11.3% higher than the P24.8 billion budgeted for 2025, FDC Chief Finance Officer Ven Christian S. Guce said during a briefing on Wednesday. “About 48% of that

OIL FIRM Shell Pilipinas Corp. (SPC) reported a 69% increase in net income to P2.1 billion last year, supported by volume growth across its fuel and non-fuel segments and cost control measures. Core earnings rose 28% year on year to P3.3 billion, the company said in a statement on Thursday. “The strategic priorities we sharpened

LOCAL AIRLINES are implementing additional flight suspensions and frequency reductions on select routes as they adjust operations amid the ongoing conflict in the Middle East. In separate advisories on Thursday, flag carrier Philippine Airlines (PAL) and budget carrier Cebu Pacific (CEB) said they are adjusting their networks by suspending some routes and reducing flight frequencies.

LORENZO SHIPPING CORP. said it has received approval from the Securities and Exchange Commission (SEC) to increase its authorized capital stock to P2 billion. In a disclosure to the stock exchange on Thursday, the company said the SEC approved its application to raise its authorized capital stock from P991.18 million, divided into 991.18 million common

LISTED PORT OPERATOR Asian Terminals, Inc. (ATI) said it has secured approval from the Philippine Stock Exchange (PSE) to delist from the local bourse on April 3. In a media release on Thursday, ATI said it received notice from the PSE approving its petition for voluntary delisting. The approval followed the completion of a tender

MONDE NISSIN Corp. reported a 0.76% decline in attributable net income to P9.72 billion in 2025 from P9.79 billion in 2024. Consolidated revenue rose 4% to P86.5 billion in 2025, the company said in a disclosure on Thursday. Reported net income reached P8.6 billion, up from P450 million in 2024. The listed food and beverage

DIGIPLUS Interactive Corp. said it has partnered with professional boxer Emmanuel D. Pacquiao, Sr. to launch co-branded digital games and integrate the MannyPay payment platform into its services. In a statement on Thursday, DigiPlus said the partnership, unveiled on March 25, will cover its platforms ArenaPlus and GameZone, with Mr. Pacquiao serving as brand ambassador.