Business

Ayala ups forward planning with SEC shelf registration

Highly diversified  Ayala Corp. said Thursday that its board had approved the filing of a five-year shelf registration of up to P30 billion with the Securities and Exchange Commission (SEC). Ayala said in a disclosure that the move would provide the group “with the ability to undertake future issuances of Philippine peso-denominated bonds on an efficient and timely basis.” The …

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BDO Unibank sells majority stake in DHI

BDO UNIBANK, Inc. is selling its majority stake in its investment holding company Dominion Holdings, Inc. (DHI). The bank signed last Monday a share purchase agreement with Monte Sur Equity Holdings, Inc. to sell 1,513,732,718 or 70% of its shares in the investment holding company at P1.68 per share or about P2.54 billion, it said in a disclosure to the …

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Epson’s new product seen as game changer

A product from Epson, called EcoTank M2170, is touted to change the game in commercial banking. For more than five decades, Epson Philippines Corporation has quietly powered behind-the-scenes work flow in banks, delivering printing solutions built for environments where errors are costly and downtime is not an option. 
 This 2026 will be different. This is the year when Epson’s …

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LANDBANK mulls 15 new branches

LAND BANK of the Philippines (LANDBANK) is planning to open 15 branches and branch-lite units nationwide this year as it looks to make financial services available to more Filipinos. “By expanding our touchpoints, LANDBANK continues to ensure that financial services remain accessible, inclusive, and responsive to the evolving needs of our clients — especially in the countryside. These new facilities …

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PH economy may recovery in 2027 yet — Maybank

Prospects for the Philippine economy continue to be on the bleak side. This is according to economists from Maybank, who see that the country’s economic growth will continue its trajectory of undershooting the government’s targets until next year, 2027. They said the nation’s gross domestic product (GDP) may have grown by 4.8% in 2025, before picking up slightly to 4.9% …

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Security Bank helps 41 scholars

Employees of Security Bank moved together to fund the education of 41 scholars under the Regalo Mo, Kinabukasan Ko (RMKK) scholarship program. As 2025 drew to a close, Security Bankers organized a series of employee-led initiatives, highlighted by a holiday marketplace at the Bank’s head office in Makati City. The activities, carried out in collaboration with the Learning and Engagement …

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Dohwa, Nippon Koei to study feasibility of MM rail network

Two giant companies from South Korea and Japan have partnered in a joint venture to deliver the feasibility study on a rail network system in Mega Manila. This was announced by the Department of Transportation (DOTr), adding that the feasibility study contract was worth $11.99 million. The DOTr notice states that the study project for the Greater Capital Region (GCR) …

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Globe and Starlink to provide new service

With just your Globe cellphone, you may soon access Starlink internet services using low-earth orbit satellite technology, thus opening cyberspace connectivity to Filipinos even in remote areas. Globe Telecom Inc. announced a partnership with Elon Musk’s Starlink Internet Services Philippines Inc. to roll out direct-to-cell satellite connectivity last Friday. President and CEO Carl Cruz of Globe and Starlink senior partnerships …

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Gov’t shuts down PH access to Grok, xAI

If the government wants it, officials can act within 24 hours following an announcement that something is not right with the way things are. For instance, Grok, the artificial intelligence chatbox, was blocked within 24 hours following the official discovery of violations — such as misuse and generation of non-consensual sexually explicit images. This is a far cry from the …

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M/V Brave Pioneer starts initial voyage 

The Philippines’ contribution to the global shipbuilding industry gained momentum as the first methanol-powered Kamsarmax bulk carrier began its voyage to East Asia following President Ferdinand R. Marcos Jr.’s visit to Cebu on Thursday. The 81,200-metric ton dual-fuel vessel, built by Tsuneishi Heavy Industries (Cebu) at the 540-hectare West Cebu Estate in Balamban, Cebu, was named M/V Brave Pioneer by …

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