Companies

LANDBANK President and CEO Lynette V. Ortiz (left) and DA–Agricultural Credit Policy Council Executive Director Rallen O. Verdadero (right) lead the official launch of the ANYO Palay Lending Program, formalized through the signing of a Memorandum of Agreement (MOA) on 14 May 2026 at the LANDBANK Plaza in Manila, aimed at modernizing rice farming nationwide. “Digitalization has long been part …

San Miguel Corporation (SMC) delivered a strong start to 2026, with first quarter consolidated revenues rising 19% to P428.3 billion from the same period last year, supported by broad growth across its major businesses. The results were driven by stronger Fuel and Oil volumes, with revenues reflecting movements in global prices, along with new contributions from its Energy business and …

MEGAWORLD, through its tourism and leisure arm Global-Estate Resorts Inc. (GERI), said that the projects reflect sustained demand for homes, lots, and commercial spaces in growth areas beyond the capital, as more buyers look for lifestyle communities with open space, nature, and investment upside. Megaworld owner Kevin Tan is leaning harder into the provincial property boom, with P11 billion worth …

SM Prime Holdings Inc. is revamping Susana Heights Village in Muntinlupa City as demand for premium, low-density residential communities remains resilient despite broader economic headwinds. The Sy family-led firm disclosed last week that its premium residential brand, Signature Series by SM Residences, had started the transformation of the established suburban estate. This is intended to improve shared spaces and boost …

AYALA Land, Inc.. has opened Ayala Malls Arca South in Taguig as part of its strategy to expand recurring income streams through its leasing and hospitality businesses. In a statement, Ayala Land said the mall has a gross floor area of 100,000 square meters (sq.m.) and a gross leasable area of 61,000 sq.m. The development is located within Arca South, …

If you increase the income tax exemption threshold, the government loses money to fund its various projects and services.  Thus, the legislative branch would need to find a replacement fund to cover the revenue losses. This, in summary, is the position of the Department of Economy, Planning, and Development (DEPDev) headed by Economy Secretary Arsenio Balisacan. “Of course, that would …

For a more improved productivity and enhanced competitiveness, the Department of Science and Technology (DOST) and the Land Bank of the Philippines (LANDBANK) teamed up to support micro, small, and medium enterprises (MSMEs) and startups through an enhanced platform of financing on May 4. In a ceremonial signing, DOST and LANDBANK inked a Memorandum of Understanding (MOU) at the LANDBANK …

Cognizant (NASDAQ: CTSH) has announced its project with JG Summit Holdings, Inc., one of the Philippines’ largest and more diversified conglomerates, for a ServiceNow implementation and managed services engagement supporting its IT modernization journey.  Operating a conglomerate with a portfolio as diverse as JG Summit’s presents a unique set of management challenges. Conglomerates often face significant operational complexity, stemming from …

Concepcion Industrial Corp. (CIC), the Philippines’ leading provider of home and enterprise solutions, officially returns as the “Powered By” sponsor for the 2026 Philippine Franchise Expo, held from April 24 to 26 at the SMX Convention Center. Highlighted in this year’s participation is “The Carrier Air Authority Center,” the country’s first and only retail air conditioning (AC) franchise by Concepcion-Carrier …

The SM Investments Corp. (SMIC) considers the West Asia war as a manageable disruption, betting that its diversified consumer-driven portfolio and disciplined capital management will shield it from global volatility. Amando M. Tetangco Jr., SMIC chairman, said the company, one of the leaders in retail, banking, and real estate, is using pre-emptive liquidity and operational flexibility to weather global instability. …