About the Author

Mr. Lucas has been a journalist since 1999, having covered banking and finance, telecommunications, transportation, energy, capital markets and the presidential palace beats.

He has worked for The Business Daily, BusinessWorld, The Manila Times, Today and the Manila Standard Today. He spent 18 years at the Philippine Daily Inquirer, starting as a reporter in 2005 before becoming its business news editor until Dec. 31, 2023.

He earned a business management degree from the Ateneo de Manila University in 1994.

Latest from the Author

3 days ago

Chronicles Port in Batangas begins operations, aims to spur regional growth

By: Daxim L. Lucas

The port features an 82-meter-long jetty with a 14-meter draft, capable of handling vessels of up to 10,000 deadweight tons. Its pier has a load-bearing capacity of three tons per square meter.

4 days ago

INSIDER INSIGHT | PAL’s fourth president in six years charts confident course

By: Daxim L. Lucas

When Richard Nuttall assumes the presidency of Philippine Airlines later this month, he brings with him more than three decades of global aviation experience, a clear-eyed view of the challenges that lie ahead, and a belief that the country’s flag carrier is in better shape than many might think.

7 May 2025

12:43PM

LT Group’s strong 2024 masks challenges facing empire’s 32-year-old Tan scion

By: Daxim L. Lucas

Lucio Tan Group Inc. delivered steady growth in its second year under the leadership of its president Lucio Tan III, even as the broader Tan business empire contended with persistent challenges in aviation and support services.

5 May 2025

8:48AM

INSIDER INFO | Puregold scion Vincent Co, Bea Alonzo spark power couple talk

By: Daxim L. Lucas

On his private Instagram account, Co recently posted photos from a vacation in Andalucia, Spain, accompanied by an unidentified woman. The intrigue deepened when eagle-eyed observers noticed that actress Bea Alonzo had also posted pictures from the same Spanish location, wearing identical outfits seen in Co’s posts.

28 Apr 2025

11:54AM

INSIDER INFO | Megaworld, Gordon Ramsay bring new street eats to Mactan Newtown

By: Daxim L. Lucas

Sources have confirmed to InsiderPH that two Gordon Ramsay restaurants— Gordon Ramsay Street Burger and Gordon Ramsay Fish & Chips — are set to open later this year.

21 Apr 2025

9:22AM

INSIDER INSIGHT | Ernest Cu, GCash, and the future of the fintech giant he made

By: Daxim L. Lucas

InsiderPH sat down with Ernest Cu ahead of his retirement from Globe Telecom following a wildly successful tenure as its CEO, looking back at how he built the ubiquitous GCash e-wallet service, and looking ahead at his reinvigorated role as the chair of the $5-billion fintech powerhouse.

10 Apr 2025

10:59AM

INSIDER INFO | PSE-IBP team up to back minority shareholders with legal muscle

By: Daxim L. Lucas

The deal, insiders say, will allow minority shareholders to tap into the IBP’s network of lawyers (free of charge in many cases) should they wish to pursue legitimate claims of shareholder abuse or securities law violations.

26 Mar 2025

12:00AM

INSIDER INFO | Alphaland’s P2-M Balesin Key: one membership unlocks three escapes

By: Daxim L. Lucas

Alphaland Corp. is rolling out what insiders are calling its most ambitious lifestyle product yet: Balesin Key, a unified P2-million membership that gives the country’s most discerning travelers seamless access to three flagship properties—without the need for separate memberships.

21 Mar 2025

7:11AM

INSIDER VIEW | Lufthansa Technik faces pricey NAIA lease renewal: Justified or not?

By: Daxim L. Lucas

Neither the government nor the new NAIA operator, San Miguel Corp., is altering the deal midstream by jacking up lease rates. Nope. LTP’s existing contract is simply expiring. And, if they wish to continue operating where their facilities currently stand, they will have to pay more. Ok, granted: a lot more.