Maynilad strengthens El Niño readiness as Angat levels decline
Maynilad Water Services, Inc. has enhanced its water supply and risk mitigation measures in response to declining Angat Dam levels and potential El Niño effects. The company has increased its treatment and reservoir capacities and reduced water losses to maintain stable water supply.
DoubleDragon Announces Hotel101 Development in Bangkok
DoubleDragon Corporation, through its subsidiary Hotel101 Global, has signed definitive agreements to develop a 770-room Hotel101 in Bangkok, Thailand. This project is part of the company's global expansion strategy and is expected to generate approximately US$58 million in sales revenue.
Sun Life Announces Interest Rate Reset on Limited Recourse Capital Notes
Sun Life Financial Inc. announced a reset of the interest rate on its $1 billion Limited Recourse Capital Notes Series 2021-1 to 5.614% per annum for the period from June 30, 2026, to June 30, 2031. This rate is based on the Government of Canada Yield plus 2.604%.
Megaworld's Office Lease Renewals Surge in H1 2026
Megaworld Corporation reported a 45.6% increase in office lease renewals, reaching 122,000 square meters in the first half of 2026. This growth highlights the strong demand for office spaces within Megaworld's townships.
SSI Group, Inc. expresses gratitude to Carlo L. Katigbak for his 12 years of service as an Independent Director and nominates Roland Gerard 'Junie' R. Veloso Jr. as a new Board Director. Veloso brings extensive experience from his career in banking and finance.
Converge and SKY Joint Statement on Commercial Arrangement
ABS-CBN Corporation disclosed that the commercial arrangement between Converge ICT Solutions Inc. and SKY Cable Corp. remains unchanged. SKY assures subscribers of continued support and no changes in service.
TOP Press Release - FOO - Preferred Shares Listing
Top Line Business Development Corp. completed an oversubscribed follow-on offering of PHP 1.5 billion in Series A perpetual preferred shares. The proceeds will support strategic expansion and vertical integration in the Visayas fuel market.
PAL Holdings' Subsidiary Mandates Banks for USD Senior Notes Issuance
Philippine Airlines, Inc., a subsidiary of PAL Holdings, has mandated Deutsche Bank and BNP Paribas to arrange investor meetings for a potential issuance of USD-denominated senior fixed rate notes. The issuance is subject to market conditions and is expected to be rated Ba2 by Moody's and BB by Fitch.
Jollibee Group Reports Record 2025 Performance, Outlines Growth Priorities
Jollibee Foods Corporation reported record financial performance for 2025, with systemwide sales of Php455.1 billion and net income of Php10.9 billion. The company outlined its strategic priorities for 2026, focusing on growth in the Philippines and international markets.
National Reinsurance Corporation of the Philippines
Press Release
Nat Re Reports Record Profits and Declares First Dividend in 12 Years
The National Reinsurance Corporation of the Philippines (Nat Re) reported a record net profit of Php829.5 million for 2025, a 50.5% increase from 2024. The company declared its first regular cash dividend in 12 years, amounting to Php290 million.
Globe Telecom Secures Php 5 Billion Term Loan from BDO
Globe Telecom has secured a Php 5 billion term loan from BDO Unibank to support its capital expenditures, debt refinancing, and general corporate funding. This aligns with Globe's strategy to invest under US$1 billion in capex for 2026, focusing on network expansion and digital services.
RL Commercial REIT, Inc. announced its fifth asset infusion, which has resulted in a threefold growth in gross leasable area (GLA) since its initial public offering (IPO). This development indicates significant expansion in the company's asset base.
Jollibee Brand Value Surges 32% to USD 3.3 Billion
Jollibee Foods Corporation announced a 32% increase in its brand value to USD 3.3 billion, maintaining its position as the second most valuable Filipino brand. Mang Inasal also improved significantly, becoming the second strongest brand in the Philippines.
Emperador Inc. Announces PHP 2.4 Billion Capex for 2026
Emperador Inc. has allocated PHP 2.4 billion for its 2026 capital expenditure, focusing on its whisky and brandy segments. This capex is lower than previous years due to the completion of major projects.
Ayala Corporation Purchases 10 Million Ayala Land Shares
Ayala Corporation has acquired 10,000,000 common shares of Ayala Land at PHP 14.14 per share, amounting to a transaction value of PHP 141,400,000. This purchase indicates Ayala Corporation's continued investment in Ayala Land.
RFM Declares Additional Cash Dividend and Announces Board Changes
RFM Corporation declared an additional Php300 million cash dividend, bringing total dividends for 2026 to Php900 million. The company also reported strong first-quarter growth and announced board changes.
Megawide declares Php0.145/share cash dividends to common shareholders
Megawide Construction Corporation announced a cash dividend of Php0.145 per share for common shareholders. The company reported significant financial improvements, including a 24% increase in net income for 2025 and a 26% increase in Q1 2026.
PhilWeb Corporation has introduced a new corporate logo and redesigned its website to align with its transition to a technology-driven infrastructure provider. This move is part of the company's strategy to enhance its public brand and digital presence.
PLDT Submits Registration Statement for VITRO REIT IPO
PLDT Inc. has submitted a registration statement for the proposed initial public offering (IPO) of its subsidiary, VITRO REIT, which will be the first digital infrastructure REIT in the Philippines. The IPO aims to raise gross proceeds of up to ₱24.2 billion through the offering of 1,913,043,500 secondary common shares and an over-allotment option of 286,956,500 shares.
Hotel101-Davao Set to Open as Largest Hotel in Mindanao
DoubleDragon Corporation announced the opening of Hotel101-Davao, which will feature 519 rooms and is positioned as the largest hotel in the Mindanao region. This opening is part of the company's broader strategy to expand its hospitality portfolio and generate recurring revenues.
