Latest Business News in the Philippines.
- Telco landscape to see major shifts, investment growth — analysts
PHILIPPINE telecommunications companies (telcos) are preparing for major shifts in the telco landscape, including margin pressure and evolving business strategies, as the Konektadong Pinoy Act reshapes competition, according to analysts.
- Megaworld earmarks P8B for Negros township
LISTED property developer Megaworld Corp. has allocated P8 billion to develop a 97-hectare (ha) township in Negros Occidental, banking on continued growth in the Visayas. The project, called The Sugartown, is the company’s 37th township in the Philippines and its seventh estate in the Visayas, Megaworld said in a stock exchange disclosure on Monday. The
- GCash rolls out in-app OTPs to curb fraud
ELECTRONIC wallet platform GCash has launched in-app one-time passwords (OTPs) to strengthen account security against phishing, scams, and fraud. “Our upgrade to In-App OTPs is a strategic move to put an end to phishable SMS OTPs. We will shift users to instant, GCash app-verified authentication, to increase the security of their daily transactions,” GCash Chief
- Aboitiz Foods acquires Singapore animal nutrition firm
ABOITIZ EQUITY Ventures, Inc. said its food unit, through subsidiary Gold Coin Management Holdings Pte. Ltd. (GCMH), has completed the acquisition of Singapore-based Diasham Resources Pte. Ltd., expanding its specialty animal nutrition portfolio and manufacturing footprint in Asia. “This acquisition gives us a more complete range of products and solutions to offer our customers across
- Ayala Land partners with Abba’s Orchard for Vermosa campus
LISTED property developer Ayala Land, Inc. (ALI) has partnered with Abba’s Orchard Montessori School to develop its largest K–12 Maria Montessori campus in Luzon within the Vermosa estate in Cavite. The agreement aligns with ALI’s strategy to integrate accessible and modern social infrastructure within its townships, the company said in a statement on Monday. The
- Proposed condo law seen to unlock value in aging developments
THE proposed Condominium Redevelopment Act is expected to support residential demand in Metro Manila by providing clearer rules for the maintenance and redevelopment of aging condominium projects, analysts said.
- DoTr awards P93.57-M study for Metro Laoag, La Union public transport to Palafox
THE DEPARTMENT of Transportation (DoTr) has tapped Palafox Associates to provide consulting services for the Metro Laoag and Metro La Union Public Transport project. In a notice of award dated Dec. 29, 2025, the department said Palafox was selected for the P93.57‑million contract after being rated the sole responsive bidder. The project is currently at
- Monzon eyes stock investment loan restoration
PHILIPPINE Stock Exchange (PSE) President and Chief Executive Officer (CEO) Ramon S. Monzon said he is in talks with the country’s primary social insurance providers to revive the stock investment loan program, potentially linking it to the personal equity and retirement account (PERA) to increase participation in the market. “I talked to the SSS (Social
- How PSEi member stocks performed — January 12, 2026
Here’s a quick glance at how PSEi stocks fared on Monday, January 12, 2026.
- EDC plans up to P100-B Leyte geothermal upgrade
LOPEZ-LED Energy Development Corp. (EDC) plans to invest up to P100 billion to expand and upgrade its Leyte geothermal power complex. EDC is proposing several modifications to the Tongonan Geothermal Project (TGP) that would raise its total rated capacity to 967.224 megawatts (MW) from 637.21 MW, according to a filing with the Department of Environment









