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San Miguel Corp. chair and CEO Ramon Ang has renewed his offer to sell the country’s largest petroleum refiner and retailer back to the Philippine government, reviving a proposal first raised in 2021 as policymakers revisit state control of strategic energy assets.
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Cebu Pacific, the country’s biggest airline by fleet size and passenger volume, said it is confident in its ability to navigate emerging fuel supply risks as pressure builds across the aviation sector.
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Asialink Group of Companies has secured a P5-billion corporate notes facility from a consortium led by UnionBank, with Landbank and EastWest participating, in a move aimed at accelerating financing support for micro, small, and medium enterprises across the Philippines.
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Tycoon Isidro Consunji said the group is bracing for rising fuel costs, warning that the worsening supply-driven shock could prove more disruptive to the economy than the pandemic that brought businesses to a standstill a few years ago.
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AirAsia Philippines, one of the country’s biggest airlines, could face significant operational disruptions as nearly P1 billion in unpaid government dues threatens its licenses and airport access, the Civil Aviation Authority of the Philippines warned on Monday.
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The Philippine Stock Exchange’s (PSE) longest-serving broker-director questioned proposed term limits that could force her and other veterans to step down.
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Major toll operators are stepping in to blunt rising transport costs, offering temporary rebates as fuel prices climb amid the Middle East conflict.
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Luxury developer Shang Properties caused a sharp selloff in its stock after a misplaced decimal point slashed its dividend payout by more than 90 percent, rattling investors in the middle of trading.
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SM Investments Corp. vice chair Teresita Sy-Coson said the group is bracing for slower growth in 2026 as global risks deepen, but she sees demand holding steady and expects an eventual upswing.
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