Market

ICTSI posts record 2024 earnings with a 66% net income surge and announces a cash dividend. Learn more about its growth plans.

Megaworld 2024 reports net income up 12% to P21.7B and consolidated revenues up 17%, driven by growth in core business segments.

SM Prime lists ₱25B fixed-rate retail bonds on PDEx to fund expansion in malls, residences, and offices.

SM Prime outlines a ₱100B capex plan for 2025 to expand malls, residences, and offices amid rising consumer demand.

Belle Corp’s 2024 results show revenue growth and the declaration of its first dividend in 2025, reflecting steady performance.

NGCP’s arbitration win confirms its operational rights and prepayment, supporting a stronger outlook for SGP and the Philippine power sector.

BDO Unibank 2024 results highlight earnings growth, asset quality, and a Q1 2025 dividend.

AboitizPower’s Therma Mobile will mothball two power barges due to technical and commercial challenges, with a planned return in 2027.

JFC secures regulatory approval to remove its 40% foreign ownership cap, opening new opportunities for foreign equity participation in its growing bus..

GCash parent Mynt finalizes MUFG’s 8% stake acquisition, pushing its valuation to $5B.

Bloomberry Resorts refinances a P40B loan, reducing interest costs and improving cash flow for Solaire North’s expansion and operations.

SM Prime partners with TPEC to install solar panels in four malls, supplying 16% of their electricity needs with clean energy.

ACR raises P1.6B via commercial papers to expand renewable and baseload power in Mindanao while entering the Visayas market.

A $3.3B LNG partnership by Meralco, Aboitiz, and San Miguel aims to improve the Philippines' power supply with new gas facilities.

Maharlika Investment Corporation buys into SGP, securing NGCP board seats to enhance the country’s power grid security and governance.

Filinvest Land raises its FILRT stake to 63.27% in a ₱6.26B property-for-share swap, adding Festival Mall to the REIT portfolio

SCC reports a 31% nine-month income drop and an 8% Q3 decline, with revenue up 10% on higher coal and power sales volumes.

Aboitiz Equity Ventures reports 4% income growth in 9M 2024, led by gains in power and finance; real estate and infra see mixed results.

Metro Retail Stores Group commits to eco-friendly practices, focusing on solar energy, LED lighting, and water conservation

Phinma secures P1-B rights offering approval to fund strategic projects in solar, construction, hospitality, and property sectors.

ACEN and ib vogt partner to launch a 70MW solar project in Bangladesh, marking a major step in their Asia-Pacific renewable energy expansion.

Shang Properties acquires Rapidshare Realty from San Miguel for PHP 2.5B, adding prime Greenhills land to its portfolio.

DoubleDragon launches the 2024 OTSO BUENAS bond offering, offering an 8% yield and highlighting its growth strategy

PLDT secures P2B social loan from HSBC to extend fiber network to underserved communities in the Philippines

SM Prime opens SM City J Mall in Mandaue, Cebu, offering retail, dining, and entertainment in a 100,000 sqm mall

Pryce Corp’s net income rises 40% in 2024, with LPG contributing 93.77% of total revenues. Learn more about its financial growth.

Manila Water completes PHP1.02B divestment of Bulacan water utilities BWCI and OWCI to SMC Bulacan for strategic growth

Megaworld brings upscale condo living to Puerto Princesa with The Bellagio Palawan in Baytown Township, expecting to generate P3 billion in sales.

Discover Saint-Marcel Residences, Megaworld’s new smart condo in Pampanga’s Capital Town, set for turnover in 2030

Prime Media secures PHP 531M funding for nationwide media growth, private placements with Valiant and Cymac approved

Citicore and Levanta join forces to develop 375 MW of wind energy across Luzon and Visayas, a key step for renewable energy in the Philippines

Phinma launches P12 Billion Saludad Township in Bacolod, blending culture and sustainability in a 21-hectare development designed for urban growth

Cityland Development secures SEC approval for ₱1 billion commercial papers to fund ongoing projects and corporate needs

DITO launches affordable 5G WOWFi, aiming to reach 300,000 subscribers by 2025 with fast, unlimited home broadband.

SM Group invests P2B in Clark, boosting connectivity, jobs, and tourism with a new transport terminal and more hotels

Ayala sells 50% of GCash parent company to Mitsubishi for ₱18.4B, boosting fintech growth

Robinsons Land completes PHP 1.87 Billion RCR share sale, backed by institutional investors.

Asia United Bank reports a record net income of P8.6B for the first nine months of 2024, driven by strong revenue growth and improved credit quality

BPI records ₱48B net income for 9M 2024, boosted by 24% revenue growth and increased loan demand across key portfolios

Bloomberry Resorts' P72B refinancing deal boosts cash flow and supports the ramp-up of Solaire Resort North

DMCI Holdings issues P10 billion in preferred shares to acquire a 56.75% stake in Cemex and strengthen its business portfolio

PBCom kicks off its ₱2B peso bond issuance at 6.08% fixed rate. Proceeds support corporate growth and loan expansion

SMC, Ayala partner on Ayala Greenfield Interchange, set to transform travel and boost economy in Southern Luzon.

MREIT boosts portfolio with ₱13.15B property acquisition, expanding office spaces across key locations in the Philippines.

SPNEC boosts its solar energy vision with a Php8.93B investment in Terra Solar and Terra Nueva for a groundbreaking renewable project

MPTC and SMC aim to complete their tollway merger by October 2024, promising improved efficiency in the Philippine toll road system.

BPI sells its 15% stake in GoTyme Bank for Php902M, approved by BSP, to avoid product overlap following the BPI-Robinsons Bank merger.

DoubleDragon Corporation announces a ₱30 billion retail bond program aimed at strengthening its financial position, starting Q4 2024

Filinvest REIT expands its lease with EXL in Northgate Cyberzone, offering sustainable, Grade A office spaces in a strategic business hub.

Cebu Pacific acquires AirSWIFT for PHP 1.75 billion, expanding its domestic routes and enhancing local travel options.