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Latest Business News

Latest Business News in the Philippines.

  • Latest Business News 1
    How PSEi member stocks performed — April 1, 2026

    Here’s a quick glance at how PSEi stocks fared on Wednesday, April 1, 2026.

  • Latest Business News 2
    Cosco Capital profit rises 3.4% on grocery, liquor growth

    Lucio L. Co-led Cosco Capital, Inc. said its net income rose by 3.4% to P15.96 billion in 2025 from P15.4 billion a year earlier, driven by its grocery and liquor segments. In a regulatory filing on Wednesday, the company said consolidated revenue increased by 10.6% to P262 billion from P237 billion in 2024. The grocery

  • Latest Business News 3
    SM Prime plans P6-B redevelopment of Harrison Plaza

    SM Prime Holdings, Inc. said it will invest more than P6 billion to redevelop the former Harrison Plaza site in Manila, with completion of the new mall targeted for 2027. The project is part of the company’s P150-billion mall investment program for 2026 to 2030, which includes the redevelopment of 16 existing malls and the

  • Latest Business News 4
    Megawide targets May start for Cavite BRT

    Megawide Construction Corp. is targeting to start partial operations of its P1.87-billion Cavite Bus Rapid Transit (BRT) project by May. “The construction is ongoing, but what we want to do is begin partial operations by May,” Megawide Chief Business Development Officer Jaime Raphael C. Feliciano told reporters. The listed construction and engineering firm secured the

  • Latest Business News 5
    Makati Business Club executive director steps down

    The Makati Business Club (MBC) said Rafael A.S.G. Ongpin has stepped down as executive director, effective April 30. In a Facebook post on Wednesday, the group said Mr. Ongpin tendered his resignation for undisclosed reasons and will be on terminal leave starting April 1. “We thank Apa for his service and contributions to the Makati

  • Latest Business News 6
    Metro Pacific Health bags nine awards at Healthcare Asia

    Pangilinan-led Metro Pacific Health Corp. (MPH) said it secured nine major awards at the Healthcare Asia Awards 2026 in Singapore. “With wins across all multiple categories, MVP-led Metro Pacific Health became the Philippines’ most awarded hospital group of the night. These recognitions show how its hospitals work together to give better care and help more

  • Latest Business News 7
    Marikina-based PharmaServ specializes in cold-chain logistics for vaccines, pharmaceuticals

    PharmaServ Express Inc., a Marikina-based healthcare logistics firm, is specializing in the cold-chain management of medicines and biological products. Founded in 2015, it was established to address one of the most overlooked challenges in Philippine healthcare, which is access to safe, reliable, and temperature-compliant handling of medicines and biological products. Unlike general logistics providers, it

  • Latest Business News 8
    Hotel101 eyes $300-M US offering for global rollout

    HOTEL101 Global Holdings Corp., the Nasdaq-listed subsidiary of DoubleDragon Corp., is moving forward with a planned $300-million Series A perpetual preferred share offering in the United States to support its international expansion. In a disclosure, the company said it has taken the next step for the offering, with proceeds expected to “fuel the company’s strategic

  • Latest Business News 9
    Makati RTC denies TRO vs SEC director term limit rule

    THE Makati Regional Trial Court (RTC) Branch 38 denied an application for a temporary restraining order (TRO) against a Securities and Exchange Commission (SEC) circular that imposes term limits on independent directors of publicly listed companies, the regulator said. “The RTC denied GMA’s application for a TRO following revelations that the network failed to disclose

  • Latest Business News 10
    GT Capital buys 20% stake in FNG to align land development

    TY-LED conglomerate GT Capital Holdings, Inc. said it acquired a 20% stake in Federal Land NRE Global, Inc. (FNG) from Federal Land, Inc. for P9.16 billion to better coordinate its land bank development projects, particularly in Riverpark. “The transaction reinforces GT Capital’s commitment to institutional synergy with FNG, for the enhancement of its projects,” GT