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Petron Corp. remained profitable in the first nine months of 2026 as stronger fuel sales helped cushion the impact of soaring oil prices and higher operating costs linked to the US-Iran war.
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Maynilad Water Services is preparing for a leadership change, with former water regulator Ramon Alikpala expected to succeed longtime CEO Ramoncito Fernandez, who helped build two major MVP Group businesses and steered the water utility through political battles, expansion and its successful stock market debut.
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Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes Inc. said it is evaluating “strategic alternatives” in its real estate portfolio after the Philippine Stock Exchange (PSE) sought clarification on reports that another company-owned mall was up for sale.
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Four GCash directors acquired nearly P77 million worth of shares during the fintech giant’s blockbuster market debut, a show of confidence that preceded a rocky first week of trading despite billions of pesos in buying support.
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It is not every day that conglomerate head Jaime Augusto Zobel de Ayala addresses the employees of an Ayala company directly. But the impending leadership change at Bank of the Philippine Islands prompted just such a message. The unusual communication underscored the importance Ayala places on succession at one of the country's biggest commercial banks.
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Talk of a leadership change is brewing at Bank of the Philippine Islands (BPI), where Jose Teodoro “TG” Limcaoco has spent the past five years building one of the strongest runs in the bank's history.
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Philippine-listed DoubleDragon Corporation is expanding its hospitality footprint into Africa after subsidiary Hotel101 Global signed binding agreements to develop hotels across Egypt, beginning with a P6.44-billion project in Cairo.
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The chair of the Philippines’ oldest conglomerate called on business leaders to work together on issues that shape the country’s competitiveness, saying private enterprise and national progress remain deeply linked as the Philippines enters a more uncertain global environment.
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GCash’s nearly $1-billion IPO is already drawing several billion dollars in institutional demand, giving early backers a lucrative exit as a new wave of global money piles in.
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