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Ayala Corp., the country’s oldest conglomerate, is hedging its bets on the Singapore dollar as currency volatility pushes Philippine conglomerates to diversify beyond traditional US dollar funding.
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The fallout from a high-profile wedding cancellation is beginning to reveal a more complicated story behind the scenes.
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Petron Corp. is undergoing its biggest leadership restructuring in a decade, with Ramon S. Ang stepping down as president of the country’s largest oil refiner after holding the role since 2015 and handing operational control to his son, John Paul L. Ang.
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Federico “Piki” Lopez is escalating his battle with ABS-CBN Corp.’s leadership by asking the corporate regulator to intervene directly in the operations of what was once the country’s largest television network.
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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.
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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.
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DigiPlus Interactive Corp., the online gambling leader chaired by tycoon Eusebio Tanco, is in talks to acquire billionaire Ramon S. Ang’s Diamond Hotel Philippines in line with plans to transform the Manila Bay site into a $1 billion gaming complex.
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Amando Tetangco Jr. sits at the apex of one of the Philippines’ largest conglomerates as an outlier. At SM Investments Corp., he is the only non-family member to chair a family-owned group. It is an arrangement that remains unique in the local corporate landscape.
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OceanaGold Philippines delivered more gold than required to the Bangko Sentral ng Pilipinas in 2025, adding to the country’s reserve buffer as central banks worldwide lean more heavily on bullion during a volatile period for global markets.
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