Lucio Co’s Crystal Bridges to take over PrimeWater
LUCIO L. CO-LED Crystal Bridges Holdings Corp. is set to take full control of Villar-led PrimeWater Infrastructure Corp., allowing the company to operate the...
EDC enters lower-spend phase with P19-billion 2026 capex
ENERGY Development Corp. (EDC) has set a capital expenditure (capex) budget of P19 billion for 2026, lower than this year’s allocation, as the company scales back drilling activities following several years of heavy investment in geothermal growth projects.
ALI raises P13.5B from Alabang Town Center stake sale
LISTED property developer Ayala Land, Inc. (ALI) has raised P13.5 billion from the sale of its 50% stake in Alabang Town Center in Muntinlupa City, a move aimed at funding future commercial and retail expansions.
RFM Corp. reports steady profits despite typhoons, lower flour prices
LISTED food and beverage producer RFM Corp. is on track for full-year 2025 sales of P22.2 billion, a modest 2% increase based on preliminary...
Globe, GCash complete initial test for silent authentication
GLOBE TELECOM, INC. and its electronic wallet platform GCash have completed the initial tests for the implementation of the silent authentication system.
“Security and accessibility...
SEC warns public vs unauthorized Hajj pilgrimage offerings
THE Securities and Exchange Commission (SEC) has issued an advisory cautioning the public against certain entities allegedly engaged in fraudulent and unauthorized activities related...
Victorias Milling income slides 12.6% on higher costs
VICTORIAS MILLING Co., Inc. (VMC) reported a 12.64% drop in attributable net income to P1.35 billion for the fiscal year ended August, as rising...
How PSEi member stocks performed — December 16, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, December 16, 2025.
Ayala Land sells 50% stake in Alabang Town Center for P13.5 billion
Ayala Land, Inc. (ALI) has signed a share purchase agreement to sell its 50% ownership in Alabang Commercial Center Corp., the company that owns...
ICTSI to pump P10.3B into Brazil terminal expansion
RAZON-LED International Container Terminal Services, Inc. (ICTSI) will invest R$948 million (around P10.3 billion) to expand and modernize its Rio Brasil Terminal at the...
Meralco seeks bids for 200-MW renewable energy supply
MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with...
Jollibee sets Jan. 24 redemption for $300-M securities
JOLLIBEE FOODS Corp. (JFC) will redeem its $300-million guaranteed senior perpetual capital securities on Jan. 24, 2026, through its wholly owned subsidiary Jollibee Worldwide Pte. Ltd. (JWPL).