Latest Business News

MREIT, INC. (MREIT), the real estate investment trust of Megaworld Corp., has secured approval from the Securities and Exchange Commission (SEC) for its P16.2-billion “Wave 4” asset infusion. The approval allows the company to proceed with the acquisition of nine Grade A office buildings, MREIT said in a statement on Thursday. “The approval comes ahead

FILINVEST Development Corp. (FDC) said its 2025 attributable net income reached P15.01 billion, a 23.7% increase from the P12.13 billion recorded in 2024. In a disclosure on Thursday, the company attributed this performance to broad-based growth across its key business segments, specifically citing that “banking, real estate and power subsidiaries boosting FDC’s 2025 results.” The

ANG-LED San Miguel Corp. (SMC) is looking at coal areas offered by the government, including a mining site currently operated by Semirara Mining and Power Corp. (SMPC).

PHILIPPINE business groups have expressed support for the Securities and Exchange Commission’s (SEC) proposed 10-year cumulative term limit for broker directors, saying it would help strengthen independence and investor confidence. “The introduction of reasonable tenure limits for broker directors would represent a constructive step toward reinforcing independence, reducing potential conflicts of interest, and enhancing the

PT&T CORP. said its board of directors has approved amendments to its rehabilitation plan to address the company’s remaining obligations. In a regulatory filing on Thursday, the company said the board authorized management to prepare and finalize the proposed changes and file them for approval with the rehabilitation court. According to a 2024 regulatory filing,

PHILWEB CORP. has partnered with Tiger Resort, Leisure and Entertainment, Inc., the operator of Okada Manila, to launch an online gaming platform. Under the agreement, PhilWeb will provide a full online gaming platform (OGP) solution for OKADA PLAY, including gaming content, technology, customer service, and marketing support. “This partnership reflects our continued commitment to providing

LISTED Basic Energy Corp. is moving forward with the development of a P1.9-billion solar farm in Cadiz, Negros Occidental after finalizing agreements with a supplier and contractor for the project. Basic Energy Cadiz 1 Corp., a subsidiary of Basic Energy, has signed engineering, procurement, and construction (EPC) agreements with Raynergy Engineering Co., Ltd. and TBEA

LISTED affordable housing developer Haus Talk, Inc. (HTI) has listed its P1.8-billion fixed-rate bonds on the Philippine Dealing & Exchange Corp. (PDEx) following an upsized offer from the original P1 billion. In a statement on Thursday, the company said the issuance consists of three-year and five-year tenors priced at 7.0896% and 7.5924%, respectively. Haus Talk

VITRO, INC., the data center arm of PLDT Inc., has partnered with Bounty Fresh Group Holdings, Inc. to support the latter’s digital operations. “As our organization continues to grow, investing in resilient and future-ready digital infrastructure is essential. Our supply chain must never stop, and real-time visibility across our operations is critical to maintaining efficiency

Here’s a quick glance at how PSEi stocks fared on Thursday, March 19, 2026.