Business Expansion

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Sunday, 16 March 2025
2 days ago

Cebu Pacific’s strong start to 2025 signals sustained travel demand

Gokongwei family-led Cebu Pacific carried 2.2 million passengers in February 2025, a 26.3-percent increase from last year, showing strong demand even in a traditionally slower travel month.
3 days ago

Filinvest Land bolsters war chest with P12-B bonds for expansion, stronger balance sheet

The Gotianun family-led Filinvest Land Inc. (FLI) has reinforced its financial position by raising P12 billion from its latest bond issuance, securing funds for expansion and debt refinancing.
4 days ago

Malaysian tycoon Tony Fernandes unveils PH growth strategy: IPO in the works, Manila as hub to US

AirAsia Group CEO Tony Fernandes is betting big on Manila’s Ninoy Aquino International Airport (NAIA), aiming to transform it into a key hub for transpacific travel while preparing for a potential listing on the Philippine Stock Exchange within 12 months.
5 Mar 2025
8:30PM

Megawide’s P6B preferred share sale gets PSE approval, new timetable set

The Philippine Stock Exchange (PSE) has approved Megawide Construction Corp.’s follow-on offering of up to 60 million Series 6 preferred shares, allowing the company to raise as much as P6 billion.
4 Mar 2025
6:16PM

UnionBank prepares biggest fundraising yet, eyes P76B for debt refinancing, lending

The Aboitiz family-led Union Bank of the Philippines is embarking on its largest fundraising effort to date, planning to raise P76 billion through debt sales. The funds will be used to refinance upcoming obligations and expand lending in the fast-growing consumer segment.
26 Feb 2025
1:12PM

SM’s Alfamart to open 200 new stores in 2025, fueling jobs & local business growth

SM Group’s Alfamart is bullish on growth in 2025, adding 200 new stores in Luzon this this year and pushing its total beyond 2,100 locations.
26 Feb 2025
10:05AM

AREIT gains immediate value with P21-B injection of 8 prime Ayala Land assets

AREIT Inc., the real estate investment trust arm of Ayala Land, is expanding its portfolio with a P21-billion infusion of commercial properties from Ayala Land Inc. and its subsidiaries.
13 Feb 2025
4:50PM

Philippine Airlines opens 1st direct Cebu-Ho Chi Minh trips amid rising demand

Taipan Lucio Tan’s Philippine Airlines (PAL) is rewriting the regional air travel map, launching Cebu’s first-ever direct link to Vietnam’s Ho Chi Minh City in May amid booming demand.
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