Tycoon Manuel Villar Jr.’s Vista Land & Lifescapes Inc. has secured a P3.4-billion loan with a term of up to three years to refinance debts.
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AirAsia Philippines’ new president, Capt. Suresh Bangah, is steering the airline toward deeper group integration and tapping into India’s growing travel market.
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The Campos family’s Del Monte Pacific Ltd. (DMPL) disclosed it is likely to fall into a capital deficit following the expected write-down of its US subsidiary, Del Monte Foods Holdings Ltd. (DMFHL), which filed for Chapter 11 restructuring.
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If you are wondering why previously frequent reports about illegal numbers games like jueteng, masiao, "last two" or "ending" are no longer the staple of Philippine news nowadays, look no further than the legal online gambling industry that has displaced them in recent years.
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DigiPlus Interactive Corp., the online gaming giant behind popular platforms such as BingoPlus and ArenaPlus, has approved a P6 billion share repurchase program, a move aimed at enhancing shareholder value and signaling strong confidence in its long-term growth.
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As of the end of April 2025, the national government’s debt had climbed to P16.75 trillion—that’s 11.6 percent higher than the level during the same period in 2024.
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The initiative aims to curb potential financial harm to consumers by limiting their exposure to unlicensed or unregulated gambling services, including those previously accessible through e-wallets and mobile apps.
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The Philippines’ booming online gambling industry is facing turbulence as lawmakers push for stricter regulations, triggering sharp investor selloffs and renewed scrutiny.
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The Zobel family-led Ayala Land Inc. is keeping the New World Makati Hotel name and maintaining current business operations as it oversees a smooth transition after taking over the 580-room property.
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