- SEC eyes P100-M capital threshold in plan to lift lending license freeze
THE SECURITIES and Exchange Commission (SEC) is moving to lift its 2021 moratorium on the registration of new online lending platforms (OLPs) and is seeking public feedback on a proposed framework that would require up to P100 million in capital for the largest operations and set a three-year compliance period for existing firms. Published on
- Banks back Prime Infra hydro projects with P273.5-B financing
RAZON-LED Prime Infrastructure Capital, Inc. (Prime Infra) has secured financing support from local and international banks for the development of its 2,000-megawatt (MW) pumped storage hydropower projects in Laguna and Rizal through loans totaling P273.5 billion.
- SBCorp plans P12-B lending to support exporters, MSMEs
THE SMALL BUSINESS Corp. (SBCorp), the financing arm of the Department of Trade and Industry (DTI), is targeting P12 billion in loan releases this year. “P12 billion is our target loan releases for the year,” SBCorp President and Chief Executive Officer Robert C. Bastillo told reporters on the sidelines of an event late Wednesday. If
- AirAsia backs DoTr fee cut plan; analyst calls it ‘stopgap’
THE Department of Transportation (DoTr) is evaluating a possible reduction in airport landing and takeoff fees to help stabilize airfares as global fuel prices rise. Low-cost carrier AirAsia Philippines expressed support for the potential fee reductions, saying the move could help keep air travel affordable amid rising operating costs. “AirAsia welcomes initiatives that aim to
- Aboitiz, HI seal JV for 184-ha TARI Estate expansion
ABOITIZ Economic Estates and House of Investments (HI) have finalized a joint venture (JV) through Tarlac Terra Ventures, Inc. to develop an additional 184 hectares (ha) at TARI Estate in Tarlac City to support manufacturing and logistics growth in Central Luzon. “We see TARI Estate as a compelling long-term investment that aligns with our strategy
- RLC profit rises to P13.5B on portfolio growth
ROBINSONS LAND Corp. (RLC) said its attributable net income for 2025 rose 1.97% to P13.47 billion, supported by contributions from its investment and development portfolios. The property developer posted consolidated revenues of P48.52 billion for the year, up 13% from the previous year across all segments. Its investment portfolio grew 8%, while the development portfolio
- Davao Light to build submarine cable linking Davao City and Samal
DAVAO LIGHT and Power Co., the distribution utility unit of Aboitiz Power Corp. (AboitizPower), is set to construct a submarine cable that will allow the export of electricity from Davao City to the Island Garden City of Samal. Spanning 1,015 meters across the Pakiputan Strait, the subsea cable will enable the island to connect to
- How PSEi member stocks performed — March 12, 2026
Here’s a quick glance at how PSEi stocks fared on Thursday, March 12, 2026.
- MPIC core profit climbs 15% to P27B on power, water, toll contributions
METRO PACIFIC Investments Corp. (MPIC) recorded a 15% increase in consolidated core net income to P27.1 billion for 2025, as its power, water, toll road, and healthcare businesses delivered higher contributions. Contributions from operations reached P32.1 billion, an increase of 13%, the infrastructure conglomerate said in a statement on Wednesday. Manila Electric Co.’s (Meralco) higher
- RLC, GenSan sign P2.33-billion PPP for public market redevelopment
ROBINSONS LAND CORP. (RLC) and the General Santos (GenSan) City government signed a public-private partnership (PPP) contract for the P2.33-billion redevelopment of the city’s central public market. Under the partnership, Robinsons Land will build Palengke Heneral, General Santos City’s first modern marketplace, on a 23,126-square-meter (sq.m.) site with more than 14,800 sq.m. of floor area