Securities and Exchange Commission chair Francis Ed. Lim is finalizing new safeguards in a bid to lift the nearly five-year freeze on new online lending licenses.
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BDO Unibank Inc., the country’s largest lender by assets, is selling its controlling stake in suspended Dominion Holdings Inc. (DHI) in a deal worth about P2.54 billion.
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ACEN Corp. has started operating a 60-megawatt solar facility in San Manuel, Pangasinan, its first solar project in the province.
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Troubles at MediaQuest are far from over after tycoon and PLDT boss Manuel V. Pangilinan ordered an audit of the company’s finances following the exit of CEO Jane Basas last week.
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PhilWeb Corp. has struck a deal with Hann Casino, the country’s largest integrated resort outside Manila by revenues, to run its online gambling business.
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Megaworld has pulled off a quiet but consequential coup in the property sector, luring a senior executive from Ayala Land in a move that underscores how serious Andrew Tan’s group is about scaling up its office business outside Metro Manila.
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Ports and gaming tycoon Enrique Razon Jr. has filed a cyber libel complaint against Cavite Rep. Francisco “Kiko” Barzaga, accusing the lawmaker of spreading false and damaging allegations on social media that linked him to corruption in Congress and bribery ahead of the 2025 elections.
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Alternergy Holdings Corp. is set to activate its ‘triple play’ portfolio in 2026, marking a major milestone for one of the Philippines’ renewable power pioneers. The company expects four projects across wind, solar, and run-of-river hydro, with a combined capacity of 225 MW, to begin commercial operations within the year.
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Sources confirm that Basas has stepped down as president and CEO of Mediaquest, the holding firm that houses the Manuel Pangilinan group’s media assets, including TV5. She has reportedly cleared out her office at the TV5 headquarters in Pasig City. That is usually a sign that the decision was neither drawn out nor provisional.
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