Market

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

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

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

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

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

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

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

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

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

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.

Ayala secures $200M loan from Metrobank to fund strategic investments in tech, health, and logistics.

PHINMA Education secures KKR investment to boost digital transformation, expand access to quality education, and grow across Southeast Asia.

Arthaland invests P18M in Bhavya Properties to boost Eluria, an ultra-luxury condo in Makati, meeting rising residential demand.

PNB shareholders, only 0.6% are eligible for October property dividends. Get the details on the dividend distribution

PLDT, Meralco, MPIC expand into digital payments via DigiCo's acquisition of Bayad and Multipay. Ownership structure realigned.

Philippine Stock Exchange reports a 4.7% drop in earnings for H1 2024 due to lower trading values and rising expenses.

Megaworld (MEG) reports an 11% profit increase to P9.81B in H1 2024, driven by strong real estate and hotel performance.

GCash achieves a $5 billion valuation with strategic investments from Ayala and MUFG, boosting financial inclusion in the Philippines

Metrobank reports record earnings of P23.6 billion in the first half of 2024, driven by robust loan growth and improved asset quality.

Robinsons Retail's First Half 2024 profits soar to ₱7.08B, driven by strategic expansions and higher operating efficiencies

PNB reports a 6% net income increase for H1 2024, driven by strategic lending and cost management amidst a challenging environment.

BDO Unibank's First Half 2024 sees a record-breaking 12% profit surge, marking a historic milestone in its financial performance.

Ayala Land, Inc. announces the sale of AREIT shares, a key transaction indicative of its active engagement in the Philippine real estate market