Companies

Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) are targeting the signing of an agreement to merge their domestic tollway businesses by the end of the year, as negotiations approach the final stages of asset valuation. “My understanding is that we are nearing, we are in the (last stage of) the valuation phase of SMC Tollways and our …

Ayala Corporation is proceeding with a tender offer to acquire nearly P20 billion worth of shares to make way for larger investments from Japanese multinational Mitsubishi Corp. In a disclosure to the Philippine Stock Exchange (PSE), Ayala Corp. said it plans to acquire 30.07 million common shares through a public, voluntary tender offer. The shares, representing 4.85 percent of Ayala’s …

The Philippine Amusement and Gaming Corp. (PAGCOR) reported a 23.44% decline in revenues from gaming operations to P58.13 billion in the first nine months of 2026, dragged down by a sharp contraction in electronic gaming revenues. In a statement on Thursday, the state-run gaming regulator and operator said gaming revenues fell from P75.93 billion in the same period last year, …

Shell Pilipinas Corporation receives the Sustainability Rising Star Award from the ACES Awards in recognition of programmes spanning community engagement, employee volunteering, circularity initiatives and business operations.

As the long weekend for All Saints’ and All Souls’ Day approaches, Manila Water is assuring its East Zone and Rizal customers of uninterrupted, 24/7 service while families gather to honor their departed loved ones. Dedicated operations and maintenance teams are remaining on standby to monitor facilities, manage the network, and handle customer concerns. However, this effort extends far beyond …

The Philippine Amusement and Gaming Corporation (PAGCOR) today reported total revenues of Php64.41 billion in the first nine months of 2026, down 23.41% from Php84.09 billion in the same period last year. The decline is attributed to weaker earnings from gaming operations and related services. PAGCOR Chairman and CEO Alejandro H. Tengco specifically pointed to the weaker performance of the …

As digital demand surged across the Philippines, the need for reliable power and IT infrastructure began stretching far beyond massive data centers into local branch offices, provincial hospitals, and regional sites. Recognizing this shifting landscape, Eaton, an intelligent power management company, stepped forward to expand its reach by bringing three key industry players into its fold as Tier 1 Solution …

Taboola (NASDAQ: TBLA), a global leader in delivering performance at scale for advertisers, has announced exclusive partnerships with GMA Network, Philstar Global and Manila Bulletin, expanding its premium publisher network in the Philippines. Through the partnerships, GMA Network, Philstar and Manila Bulletin will leverage Taboola’s technology to deepen reader engagement, personalize content experiences and create new monetization opportunities, including through …

Century Pacific Food Inc., through its packaged coconut cream brand, Coco Mama, committed to donate one million coconut seedlings to smallholder coconut farmers to be planted over the next five years. The company said, in a statement last week, that the program is also being pursued with Vita Coco, a global leader in coconut water and Century Pacific’s long-term export …

Travelers passing through Bohol-Panglao International Airport (BPIA), operated by Aboitiz InfraCapital Bohol Airport Corporation (ABAC), can now shop at Duty Free Philippines, with its new store officially open at the airport and offering an added retail option for eligible travelers arriving in or departing from Bohol. Located at the International Departures, the new store officially opened on July 14, 2026 …