ABS-CBN Corp. is raising a sizable P6 billion in fresh equity in a deal that will not only fund its turnaround but also reshape the ownership of one of the country’s best-known media groups.

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Sy family-backed SM Investments Corp. expects to exit mining next year by moving its sizable Atlas Consolidated Mining and Development Corp. stake to another listed vehicle.

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Ramon S. Ang’s new place in the Lopez empire carries considerable weight, but it also comes with a hefty price tag.

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Tycoon Ramon S. Ang is acquiring a roughly 25 percent stake in Lopez Inc., giving him a major foothold in the privately held parent of one of the Philippines’ largest business groups.

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A major ownership change is unfolding at the storied Lopez Group after Crème Investment Corp., representing the family branch of former ABS-CBN chair Eugenio “Gabby” Lopez III, sold its entire 25.7 percent stake in Lopez Inc., the clan’s privately held parent company.

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Mynt Inc., the parent company behind GCash, booked record revenue in the second quarter of 2026 as growth in payments, transfers and lending strengthened its financial performance ahead of a proposed stock market debut.

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The road to SM Prime’s future in China begins in the same Fujian province where Henry Sy Sr.’s journey started nearly a century ago.

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Even among the Philippines’ richest, the wealth gap appears to be widening. Enrique Razon Jr. retained the top spot in the 2026 Forbes Philippines’ 50 Richest list with an estimated net worth of $21.8 billion.

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Joining the Gokongwei family business is no longer a given for the next generation, according to JG Summit president and CEO Lance Gokongwei.

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