- Filinvest Land board OKs P11.57-B bond sale
FILINVEST LAND, INC.’S board has approved the issuance of as much as P11.57 billion in fixed-rate peso bonds, the third tranche under its P35-billion shelf registration program with the Securities and Exchange Commission. The bonds, with maturities of up to 10 years, will refinance existing debt and fund capital expenditures across the property developer’s residential,
- MPIC shelves Light Rail Manila Corp. exit plan
METRO PACIFIC Investments Corp. (MPIC) will keep its stake in Light Rail Manila Corp. (LRMC) after the government began settling billions of pesos in obligations to the private operator of Light Rail Transit Line 1 (LRT-1), easing concerns over mounting losses. LRMC President and Chief Executive Officer Enrico R. Benipayo said MPIC Chairman Manuel V.
- BYD’s DENZA bets on rising EV demand in Philippines
BYD CO. LTD.’S brand DENZA is entering the Philippine market this week, betting that accelerating electric vehicle (EV) adoption in Southeast Asia will extend to one of the region’s smaller but growing car markets. “There is faster and growing adoption of new energy vehicles in the Philippines,” Adam Hu, country head of BYD and DENZA
- SEC fines Myloan over unfair collection tactics
THE SECURITIES and Exchange Commission (SEC) has fined Myloan Lending Investors, Inc. P50,000 for unfair and abusive debt collection practices, warning the company against further violations. In a statement on Monday, the SEC said its Financing and Lending Companies Department found Myloan administratively liable for a second breach of Memorandum Circular No. 18, which sets
- Triconti wins grid nod for P303-B wind projects
A CONSORTIUM led by Triconti ECC Renewables Corp. has secured approval to connect 1,650 megawatts (MW) of planned offshore wind capacity to the Philippine grid, clearing a key hurdle ahead of a government auction for renewable energy contracts. In a statement on Monday, the group, which includes Liechtenstein-based Seawind Asia AG and Swiss firm Stream
- PCC clears GCMC JV with Navegar II and Leapfrog
THE Philippine Competition Commission (PCC) has approved a joint venture (JV) between local hospital operator Global Care Medical Center Holdings, Inc. (GCMC) and Singapore-based private equity firms Navegar II (Singapore) Pte. Ltd. and Leapfrog Emerging Consumer Fund IV, LP, clearing the way for an expansion of healthcare services across the Philippines. The antitrust regulator said
- PhilWeb partners with FBM for online gaming across 30,000 machines
PHILWEB CORP. has entered into a partnership with casino equipment provider FBM to develop and deploy an online gambling platform integrated into FBM’s nationwide network of electronic bingo machines and venues. The agreement will allow PhilWeb to build and operate FBM Philippines’ online gaming platform, embedding digital functionality directly into thousands of physical machines in
- Century Properties’ PHirst launches P5.3-B housing project in GenSan
CENTURY PROPERTIES Group, Inc. is expanding into Mindanao with a P5.3-billion affordable housing project in General Santos (GenSan) City, as the developer seeks to tap rising demand for homes outside Metro Manila. Its affordable housing unit, PHirst Park Homes, Inc., launched PHirst Park Homes Gen San, a 23.7-hectare development in Barangay Baluan that will offer
- How PSEi member stocks performed — February 23, 2026
Here’s a quick glance at how PSEi stocks fared on Monday, February 23, 2026.
- ALI says leasing to propel growth this year
AYALA LAND, INC. (ALI) said leasing will be the main driver of its earnings growth this year, as the company aims to deliver over 250,000 square meters (sq.m.) of new gross leasable area (GLA). “We will start with sweating existing assets,” ALI President and Chief Executive Officer Anna Ma. Margarita B. Dy said during a