Tuesday, 11 August 2026
8 hours ago
How much will Ramon Ang pay for his 25.7% Lopez stake?
By: Miguel R. Camus
Ramon S. Ang’s new place in the Lopez empire carries considerable weight, but it also comes with a hefty price tag.
10 hours ago
Robinsons Land delivers stronger P7.2-B profit in first half
The Gokongwei family-led Robinsons Land Corp. (RLC) posted a 12 percent increase in first-half net income to P9 billion as growth across its property businesses lifted revenue.
11 hours ago
SMPC cuts 462 jobs as government coal bidding clouds future of flagship mine
Semirara Mining and Power Corp. (SMPC) is cutting 462 mine-site jobs after slashing its 2026 coal production target by more than a third as uncertainty grows over whether it can keep operating the country’s biggest coal mine.
11 hours ago
Mitsubishi Motors bets on PH hybrid production with P7-B investment
Mitsubishi Motors Philippines Corp.. (MMPC) is gearing up to build hybrid vehicles in the Philippines, deepening its manufacturing footprint as the Japanese automaker bets on the country as a key growth market in Southeast Asia.
13 hours ago
Ayala Land H1 profit falls 19% as property sales soften
Ayala Land Inc. saw earnings growth lose momentum in the first half of 2026, with net income dropping 19 percent to P11.5 billion from P14.2 billion a year earlier as overall revenues contracted despite stronger recurring-income businesses.
14 hours ago
Jollibee adds 16-store BC deal to Canada franchise push
Jollibee Foods Corp. is accelerating its capital-light expansion in Canada with a 16-store franchise commitment in British Columbia, deepening its reliance on local operators to build scale in one of its key international markets.
14 hours ago
SM Prime H1 profit flat as rising costs weigh on earnings
SM Prime Holdings Inc. posted a flat P24.5-billion net income in the first half as costs and expenses grew faster than revenues.
15 hours ago
BankCom H1 profit climbs 13% on lending, investment gains
Bank of Commerce (BankCom) grew its unaudited net income by 13 percent to P2.11 billion in the first half from P1.86 billion a year earlier, driven by stronger lending and investment income and supplemented by foreign-exchange gains.
15 hours ago
PHINMA first-half income rises as education offsets property losses
PHINMA Corp. said consolidated net income rose to P363.35 million in the first half of 2026 as strength in education and improving construction-materials operations helped counter losses in property development and a softer economy.
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