SM Prime files with SEC for P17-B fixed-rate bond issuance
SM PRIME HOLDINGS, INC. (SMPH) is hoping to raise up to P17 billion from a peso-denominated fixed-rate bond issuance, following its $350-million debut offering...
DoubleDragon retail bond offer ends oversubscribed
DOUBLEDRAGON CORP. (DD) said its P10.9-billion retail bond offering closed on Sept. 15 oversubscribed, after triggering the oversubscription option on the second day of...
Petron bondholders swap $333M into new notes, tender $54M for cash
ANG-LED Petron Corp. reported strong preliminary participation in its recently completed exchange and tender offers for its $550-million 5.95% Senior Perpetual Capital Securities.
As of...
ICTSI boosts Manila terminal capacity with new hybrid cranes
RAZON-LED International Container Terminal Services, Inc. (ICTSI) said it is boosting the capacity of its flagship Manila International Container Terminal (MICT) by adding eight...
Grab expands partnership with Alipay+, enabling in-app ride bookings
RIDE-HAILING superapp Grab has integrated its services into artificial intelligence (AI)-powered travel assistant Alipay+ Voyager, allowing users to book rides across Southeast Asia without...
Cebu Pacific posts 15% increase in Jan.-Aug. passenger traffic
CEBU PACIFIC AIR, Inc. reported a 15.2% increase in passenger traffic to 18.13 million in the first eight months of 2025, with demand expected...
How PSEi member stocks performed — September 15, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, September 15, 2025.
MGI plans up to P8.9-B geothermal expansion in Batangas
RENEWABLE ENERGY developer Maibarara Geothermal, Inc. (MGI) is proposing an up to P8.9-billion expansion of its geothermal facility in Batangas to supply additional power...
First Gen, Unilever Philippines renew RE partnership
FIRST GEN COrp. will supply 10 megawatts (MW) of renewable energy (RE) to seven Unilever Philippines facilities as part of a renewed partnership supporting...
Extended land leases for foreigners seen to boost property demand, values
THE RECENTLY enacted law allowing foreign investors to lease private lands in the Philippines for up to 99 years is expected to drive up land values and rental prices, boosting demand across office, residential, and industrial segments, property consultants said.
Jollibee leads PHL brands in Brand Finance 2025 Sustainability Perceptions Index
JOLLIBEE GROUP recorded the highest sustainability perceptions value (SPV) among Philippine companies in Brand Finance’s 2025 Sustainability Perceptions Index, which measures the portion of...