Luxury developer Shang Properties caused a sharp selloff in its stock after a misplaced decimal point slashed its dividend payout by more than 90 percent, rattling investors in the middle of trading.

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Philippine banks are strengthening their global standing, led by BDO Unibank Inc. and Bank of the Philippine Islands, as nine out of 11 lenders posted double-digit brand value growth in 2026.

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SM Investments Corp. vice chair Teresita Sy-Coson said the group is bracing for slower growth in 2026 as global risks deepen, but she sees demand holding steady and expects an eventual upswing.

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Robinsons Land Corp. (RLC) is set to complete a P5-billion expansion and redevelopment of key malls, including its largest shopping center, Robinsons Manila, as the industry giant kicks off the next phase of growth in 2026.

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Heiress Ana Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines, becoming the first woman to lead the industry group in its nearly 80-year history.

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Developers are raising alarm over a new rule requiring them to spend more to fund socialized housing, warning the added burden could push home prices higher at a time when the property market is already grappling with weak sales and rising construction costs.

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A young self-promoter’s uncanny ability to market himself propelled him into the country’s highest business and political circles, until a scandal caught up with his meteoric rise.

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Most minority shareholders of Dominion Holdings Inc. chose to stay invested as affiliate Monte Sur Equity Holdings Inc. moves to take control of the company and enter the booming mining sector.

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The country’s most closely watched society and celebrity union in recent memory surfaced not through a grand announcement but through a barely noticed church notice.

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