Cebu Pacific operator Cebu Air Inc. (CEB) has put all dividend payments on hold despite record earnings last year, opting to preserve cash as soaring fuel prices tied to the Middle East conflict pressure airline profitability.
Lucio Tan III is entering his fourth year at the helm of LT Group Inc. during what could become one of the conglomerate’s toughest tests, as price shocks and soaring inflation threaten its sprawling consumer-focused portfolio.
Rising oil prices and supply disruptions tied to the Middle East conflict are pressuring manufacturers, but D&L Industries Inc. still grew first-quarter earnings as stronger margins cushioned the impact.
LT Group Inc. is holding off on the planned stock market debut of PNB Holdings Corp. as surging oil prices and global uncertainty inject fresh volatility into financial markets.
The Philippines’ benchmark stock index is heading for its next reshuffle in August, with Maynilad Water Services Inc. (MYNLD) emerging as a near-certain entrant while three listed firms face a tight fight to avoid being dropped.
The Gokongwei family-controlled firm is pushing back against concerns raised by foreign fund manager GAM Investments about the former’s planned tender offer, underscoring that this and the voluntary delisting are grounded in independent valuation and full board approval.
The Consunji family’s Semirara Mining and Power Corp. is pulling back hard on spending as uncertainty over its coal contract drags into 2026, following the government’s decision to put its mining rights up for bidding.
MREIT, Inc. is set to distribute about P1.24 billion in dividends for the first quarter after lifting its payout 5 percent to a record P0.263 per share.