Business Expansion

19 hours ago

Security Bank finalizes P11.6-B stake purchase in Home Credit Philippines

Tycoon Frederick Dy’s Security Bank Corp. has completed its P11.6-billion investment for a 25-percent stake in Home Credit Philippines (HCPH), marking a major step in its push into mass-market consumer lending.

Security Bank seals biggest acquisition with 25% stake in Home Credit for P10.4B

2 May 2025

2:55PM

21 hours ago

FirstMetroSec sees mobile opening for Converge’s Dennis Uy, who once eyed 3rd telco slot

By: Miguel R. Camus

Brokerage house First Metro Securities sees an opening for Converge’s Dennis Uy to break into the mobile market, reviving ambitions he first pursued in the 2018 bid for a third telco player.

1 day ago

Cebu Pacific adds Cebu–El Nido flights, expanding AirSWIFT’s Palawan reach

Cebu Pacific is strengthening its grip on Palawan’s booming tourism market with a new Cebu-to-El Nido service launching October 26, complementing its boutique subsidiary AirSWIFT’s dominance on the island.

3 days ago

D&L eyes second biodiesel plant as policy shift looms, demand outlook strengthens

D&L Industries is seriously evaluating plans for a second biodiesel plant through its subsidiary Chemrez Technologies Inc., positioning itself for growth once higher biodiesel blend mandates are enforced.

3 days ago

Ayala injects P3.7B into AC Mobility in biggest EV bet amid 2025 profit surge

By: Miguel R. Camus

Ayala Corp., the country’s oldest conglomerate, is going all-in on its electric vehicle (EV) business, pouring P3.7 billion into AC Mobility Holdings this year to sustain momentum after earnings surged nearly fivefold in the first half of 2025.

6 days ago

Ayala’s AC Health brings Japan’s Sugi drugstore products to PH pharmacies

The Ayala Group’s AC Health has struck a strategic deal with Japan’s Sugi Holdings to bring its pharmacy and wellness products to the Philippine market.

7 days ago

Big jets, busy season: Cebu Pacific taps A330neo for holiday domestic surge

The Gokongwei family-backed Cebu Pacific is rolling out its largest aircraft, the 459-seater Airbus A330neo, on more domestic routes ahead of the holiday season.

20 Aug 2025

2:42PM

Hotel101 Global expanding to Cambodia with two landmark projects

Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of Hotel101 Global Holdings Corp. and part of the Philippines’ DoubleDragon Corp., signed on Aug. 20 definitive agreements with Canopy Sands Development, one of Cambodia’s leading real estate developers, to launch two large-scale Hotel101 projects in Phnom Penh and Sihanoukville.

20 Aug 2025

8:00AM

Aboitiz, Tsuneishi to build civil engineering school in Lapu-Lapu City

Aboitiz Construction and Tsuneishi Holdings (Cebu) Inc. have broken ground on a new Civil Engineering Building for Lapu-Lapu Cebu International College (LCIC).