Latest Market News

Stay updated with the latest news about dividends, earnings, and corporate actions in the Philippine stock market.

MER

Meralco bid out for 200MW supply draws big guns

Major power producers are competing for Manila Electric Co.'s (Meralco) 200-megawatt renewable energy supply contract, which is set for deployment from 2026 to 2030. This bid highlights the growing interest in renewable energy projects in the Philippines.

  • Companies participating include major players from Ayala, Lopez, Aboitiz, and San Miguel groups.
  • The pre-bid conference attracted significant attention from the energy sector.
  • The project aligns with the Philippines' push for renewable energy sources.
Read more: business
AEVFBindustrial

Basic Energy earmarks P1.9B for solar park

Basic Energy Corp. is allocating P1.9 billion for the construction of a 43-megawatt solar power project in Negros Occidental, marking a significant step in its renewable energy initiatives. The project aims to enhance the region's renewable energy capacity.

  • The Cadiz 1 solar project will supply clean energy to the Visayas grid.
  • Basic Energy received the certificate of award for the project following a successful bid.
  • The targeted commercial operation date is by the end of December 2026.
Read more: manilatimes,business
industrial

PhilWeb to run Hann Casino's online gaming

PhilWeb Corp. has partnered with Hann Casino to manage and expand its online gaming operations in the Philippines, leveraging PhilWeb's expertise in the gaming sector. This collaboration aims to enhance platform performance and ensure compliance with regulatory standards.

  • PhilWeb will provide operational and technical support for Hann Casino's online gaming platform.
  • The partnership emphasizes responsible gaming and strong governance.
  • PhilWeb shares rose by 8.92% following the announcement.
Read more: manilatimes,gmanetwork
services
CEB

Cebu Pacific passengers hit record 26.87M in 2025

Cebu Pacific achieved a record 26.87 million passengers in 2025, reflecting strong demand despite operational challenges. The airline aims to sustain this growth trajectory in 2026 with the addition of new aircraft.

  • Cebu Pacific's passenger count grew by 9.5% from 2024.
  • The airline's seat capacity expanded by 10% to nearly 32 million.
  • CEO Mike Szucs noted the resilience of their low-cost model amid challenges.
Read more: manilatimes,gmanetwork
services
JFC

Jollibee plans US listing for international business with new structure review

Jollibee Foods Corp. is reviewing the transaction structure for the planned US listing of its international business, aiming to unlock value for investors. The move is expected to enhance transparency and allow for a clearer assessment of each business segment.

  • Jollibee's international business accounted for 6,800 of its 10,300 stores by Q3 2025.
  • The company aims for a late 2027 execution of the spin-off.
  • Jollibee shares have risen nearly 16% year-to-date.
Read more: manilatimes,gmanetwork
services
MREIT

MREIT allocates P184M from share sale to township projects

MREIT, INC. has earmarked P184 million from a recent share sale for ongoing township projects in Bacolod, Cebu, and Palawan, reinforcing its commitment to expanding its real estate portfolio. This move is expected to enhance shareholder value.

  • P70.7 million is allocated for the development of Paragua Coastown.
  • The funding supports ongoing township developments.
  • MREIT aims to strengthen its market presence in key growth areas.
Read more: bworldonline
property

PEZA’s US mission yields ’high-value' results

The Philippine Economic Zone Authority's recent investment mission to the US has resulted in significant commitments, including a P200-million manufacturing facility set to create 2,000 jobs. This reflects the Philippines' growing attractiveness for foreign direct investment.

  • The mission supported the Consumer Electronics Show 2026 in Las Vegas.
  • Aerospace and medical technology sectors are seeing increased interest.
  • PEZA aims to attract P300 billion in investments this year.
Read more: manilatimes
services
MEG

Megaworld launches office leasing unit, taps ex-ALI executive as head

Megaworld Corp. has launched a new leasing group, Megaworld Global Offices, to aggressively grow its office portfolio, targeting 2 million square meters of leasable space. This expansion aims to meet rising demand for office spaces beyond Metro Manila.

  • The new unit will operate alongside Megaworld Premier Offices.
  • The company currently has over 1.6 million sqm of office space.
  • Megaworld aims to attract more multinational firms as tenants.
Read more: bworldonline
property
SMC

San Miguel Global Power to offer $300M in senior notes

San Miguel Global Power Holdings Corp. plans to issue up to $300 million in senior perpetual capital securities to refinance existing obligations and fund renewable energy projects. This move reflects the company's commitment to sustainable energy investments.

  • Proceeds will be used for refinancing and funding renewable energy projects.
  • The offering is set to be listed on the Singapore Exchange.
  • San Miguel Corp. shares marginally increased by 0.06% following the announcement.
Read more: manilatimes
industrial
JFC

Jollibee plans US listing for international business with new structure review

Jollibee Foods Corp. is reviewing the transaction structure for the planned US listing of its international business, aiming to enhance transparency and unlock value for investors. The move is expected to support more disciplined capital allocation and clearer performance metrics.

  • Jollibee's international business accounted for 6,800 of its 10,300 stores by Q3 2025.
  • The planned split aims to simplify the group's structure and improve investor assessment.
  • Jollibee shares have risen nearly 16% year-to-date.
Read more: gmanetwork
services
MEG

Megaworld expands office portfolio with new leasing unit

Megaworld Corp. has established a new leasing unit, Megaworld Global Offices, to enhance its office space offerings and attract multinational firms outside Metro Manila. This move aims to capitalize on rising demand for office spaces in key growth areas.

  • The new unit aims to increase Megaworld's office portfolio to 2 million square meters.
  • Expansion will focus on regions like Ilocos, Pampanga, and Cavite.
  • Megaworld currently hosts nearly 200 tenant companies.
Read more: manilatimes
property

Peso hits record low amid economic pressures

The Philippine peso fell to a record low of P59.44 against the dollar, reflecting pressures from US economic conditions and profit-taking in the stock market. This decline raises concerns for investors regarding the impact on corporate earnings and dividends.

  • The peso's decline is attributed to stronger US economic performance.
  • The PSEi has shown resilience but is affected by profit-taking.
  • Market sentiment remains cautious amid geopolitical risks.
Read more: manilatimes
financials
PSE

Philippine Stock Exchange considers pension fund reforms

The Philippine Stock Exchange is exploring reforms to enhance the role of state pension funds, SSS and GSIS, in the equity markets to boost liquidity and investor confidence. The focus is on creating structures that limit institutional exposure to market risks.

  • PSE aims to link stock loan participation to the Personal Equity and Retirement Account (PERA) system.
  • The initiative seeks to restore trust in the market.
  • Improved governance and transparency are critical for successful reforms.
Read more: manilatimes
financials
SMC

San Miguel Global Power to raise $300M from bond market

San Miguel Global Power Holdings Corp. plans to raise up to $300 million from the overseas bond market to fund renewable energy projects and redeem obligations. This move is part of the company's strategy to enhance its renewable energy portfolio.

  • The funds will be used for solar and hydropower projects.
  • Proceeds will also redeem previous senior perpetual capital securities.
  • Standard Chartered Bank is the sole lead manager for the transaction.
Read more: manilatimes
industrial
JFC

Jollibee plans US listing for international arm

Jollibee Foods Corp. is preparing to spin off its international business for a US stock exchange listing, aiming to enhance transparency and unlock shareholder value. The move is expected to support disciplined capital allocation and improve performance metrics for both domestic and international operations.

  • Jollibee's international business accounted for 6,800 of its 10,300 stores by Q3 2025.
  • The planned spin-off is targeted for late 2027.
  • Jollibee shares have risen nearly 16% year to date.
Read more: manilatimes
services

Del Monte Completes Stake Sale in India's Sundrop Brands

Del Monte Pacific has finalized the sale of a 1.45% equity stake in Sundrop Brands, which could streamline its focus on core operations and enhance overall shareholder value. This strategic move reflects ongoing portfolio management efforts.

  • Del Monte sold a 1.45% stake in Sundrop Brands for 715 Indian rupees per share.
  • The sale is part of Del Monte's strategic portfolio management.
  • This move may allow Del Monte to focus on its core business operations.
Read more: bworldonline

October Net Foreign Direct Investments Show Recovery

Net foreign direct investments in the Philippines rebounded in October, signaling potential growth in investor confidence. This recovery could influence future corporate expansions and dividend potentials for companies reliant on foreign capital.

  • FDI inflows in October totaled $642 million, marking a significant month-on-month increase.
  • Year-to-date FDI inflows have decreased by 24.5% compared to the previous year.
  • The rebound reflects delayed project tranches and reinvested earnings.
Read more: manilatimes
financials
CLI

Cebu Landmasters Secures PCC Approval for NTT UD Asia Stake

Cebu Landmasters has received clearance from the Philippine Competition Commission for NTT UD Asia to acquire a 40% stake in its Luzon subsidiary. This partnership is expected to bolster CLI's expansion efforts in Luzon, potentially enhancing shareholder value.

  • The PCC approved NTT UD Asia's 40% stake in CLI Luzon Ventures.
  • This deal supports CLI's residential and mixed-use developments in Luzon.
  • The partnership is expected to enhance CLI's market presence.
Read more: manilatimes
property
JFC

Jollibee Expands Operations with New Commissary

Jollibee has opened its largest commissary in the Visayas-Mindanao region, aimed at supporting its growing store network and enhancing operational efficiency. This expansion reflects the company's confidence in regional growth and could positively impact shareholder returns.

  • The new commissary in Danao City, Cebu, is the largest in the region.
  • It will supply products for multiple Jollibee brands and create nearly 500 jobs.
  • The expansion supports Jollibee's growth strategy amid increasing consumer demand.
Read more: manilatimes
services
PSE

Philippine Stock Exchange Considers Revamping Pension Fund Roles

The Philippine Stock Exchange is exploring new structures for the SSS and GSIS to enhance liquidity and investor confidence in the market. This initiative could potentially open up new avenues for pension fund investments in equities, impacting long-term shareholder returns.

  • PSE is looking to recalibrate the role of state-run pension funds SSS and GSIS.
  • New structures may limit institutional exposure while allowing member participation.
  • The initiative aims to restore trust in the market and improve liquidity.
Read more: manilatimes
financials

Get the latest news and updates.

Sign up for our newsletter.

No spam ever. Unsubscribe at anytime.