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The Lopez-backed First Gen Corp.’s exposure is now seen larger than initially flagged, reaching up to P23.5 billion across its deals with tycoon Enrique Razon Jr.’s Prime Infrastructure as an internal family power struggle risks setting off control-change terms.
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AirAsia Philippines is set to unveil a leadership reset with the appointment of former Aboitiz Group water business head and lawyer Anna Victoria Lu as president and general manager.
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San Miguel Corp.’s Bulacan airport moved closer to broader global financing after being presented as a case study at the Organisation for Economic Co-operation and Development (OECD) workshop in Paris.
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The Bureau of Customs delivered a record P239 billion in first-quarter collections, with revenues partly boosted by the auction of seized luxury vehicles owned by the Discaya family tied to flood control projects.
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Taipan Lucio Tan’s MacroAsia Corp. is working to secure long-term lease terms for Lufthansa Technik Philippines, a high-value aircraft maintenance hub that has become its main profit engine amid strong demand from the world’s airlines.
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Puregold Price Club Inc. grew full-year net income to P11.34 billion for 2025, up 8.8 percent from the prior year — a record for the Lucio Co-controlled mass market retailer — as stronger sales and improved gross margins offset rising operating costs, according to its filing.
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As economic uncertainty continues to influence Filipino households, Metrobank is promoting a back-to-basics approach to money management through its H.A.N.D.S. framework—five practical actions designed to help individuals stay financially stable.
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To many Filipinos, tycoon Ramon S. Ang’s offer to sell back fuel retail and refining giant Petron Corp. to the government feels like déjà vu.
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San Miguel Corp. chair and CEO Ramon Ang has renewed his offer to sell the country’s largest petroleum refiner and retailer back to the Philippine government, reviving a proposal first raised in 2021 as policymakers revisit state control of strategic energy assets.
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