The country’s most closely watched society and celebrity union in recent memory surfaced not through a grand announcement but through a barely noticed church notice.

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Philippine stocks plunged Monday in a broad selloff, bringing the total market value wiped out since U.S. strikes in the Middle East began in late February to nearly P1.4 trillion, as war fears and soaring oil prices rattled investors.

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2026 was always expected to be a difficult year, though few thought the strain would show up at one of the country’s most stable blue-chip firms.

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The Securities and Exchange Commission (SEC)unveiled its most aggressive governance crackdown on leaders of the Philippine Stock Exchange, proposing term limits that could force most of its longest-serving broker directors off the board.

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San Miguel Corp.-backed Petron Corp. posted a record P15.6 billion net income for full-year 2025, up 84 percent from P8.5 billion a year earlier, as stronger refinery operations and tighter cost controls offset softer oil prices and lower revenues.

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Tycoon Enrique Razon Jr.’s International Container Terminal Services Inc. released treasury shares worth about P1.45 billion in a hefty equity payout to officers and employees.

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DigiPlus Interactive Corp. chair and business tycoon Eusebio Tanco has purchased a P1-billion stake in the online gambling giant, lifting his personal ownership in a vote of confidence amid stricter regulations on digital gaming.

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SM Prime Holdings Inc., the flagship property firm of the Sy family, is lining up its first-ever preferred share offering.

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Sy family-backed conglomerateSM Investments Corp. pushed consolidated net income past the P90 billion mark for the first time, underscoring the growing weight of its banking arm and the resilience of its property portfolio.

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