Batangas Rep. Leandro Leviste’s Solar Philippines Power Project Holdings Inc. has raised another P3 billion from selling shares in SP New Energy Corp. (SPNEC), sharply reducing its stake as scrutiny of his solar ventures intensifies.
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JAKA Securities Corp., part of the late Juan Ponce Enrile family’s business group, has placed itself under voluntary suspension.
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The PSE is preparing a fitting salute to Enrique Razon Jr. after ICTSI rewrote the bourse’s record books.
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Japan’s Sumitomo group is doubling down on its Philippine bet, this time taking a direct stake in the Yuchengco family’s leasing business.
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Early investors are lining up to sell as much as P75.6 billion worth of GCash shares in Mynt’s blockbuster listing, turning years-old bets into sizable returns as the fintech giant heads to the stock market.
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The Villar empire is now in survival mode, with the next phase likely defined by what it keeps, what it sells and how far the restructuring goes.
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The company said rivers covered by its Better Rivers PH initiative continued to carry large volumes of stormwater without major overflows in most locations, even as intense rainfall battered parts of Luzon. The main exception occurred along portions of the San Juan River on Aug. 17, when exceptionally heavy rainfall pushed water levels beyond critical levels.
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Taipan John Gokongwei Jr. saw the beginnings of Bridgetowne Destination Estate, but not the sprawling district it would become. Years later, his name now runs through its heart, carrying his legacy into the development’s next chapter.
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The monument now stands in an open area directly in front of the repositioned “Ninoy Aquino International Airport” lettering on the terminal facade, visually bringing together the airport’s name and the historical figure it commemorates.
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