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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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Semirara Mining and Power Corp. rebounded above P30 for the first time since its February plunge, as investors bet a possible partnership between the Pangilinan and Consunji groups could help secure the future of the Semirara coal concession.
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Tycoon Enrique K. Razon Jr. is buying Colombia’s largest independent oil producer in his first major overseas energy deal, marking a step toward taking his energy ambitions global.
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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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2026 was always expected to be a difficult year, though few thought the strain would show up at one of the country’s most stable blue-chip firms.
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San Miguel Corp.-backed Petron Corp. posted a record P15.6 billion net income for full-year 2025, up 84 percent from P8.5 billion a year earlier, as stronger refinery operations and tighter cost controls offset softer oil prices and lower revenues.
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