Latest Market News

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

Globe Telecom secures P5 billion from Bank of Commerce to boost network and lower debt

Globe Telecom has secured a P5 billion loan from Bank of Commerce to finance capital expenditures and refinance debt, which is crucial for maintaining its competitive edge in the telecommunications market. This move is expected to enhance operational efficiency and shareholder value.

  • The loan will support Globe's capital expenditures and debt refinancing.
  • Globe's capex guidance for 2025 is below $1 billion.
  • 91% of cash capex is focused on data requirements.
Read more: manilatimes
services

BSP may cut rates by 75 bps in 2026 to support economy

The Bangko Sentral ng Pilipinas is expected to implement up to 75 basis points of rate cuts in 2026 to bolster economic growth, which could positively impact borrowing costs and corporate investments. This easing stance aligns with the central bank's pro-growth policy amid ongoing economic challenges.

  • BSP's policy rate currently stands at 5.0 percent.
  • Inflation is projected to remain within target, allowing for rate cuts.
  • The easing of rates could stimulate economic activity and support corporate profitability.
Read more: manilatimes
financials
AEV

Ayala, Security Bank, SMIC lead PHL firms in Time 2025 World’s Best list

Ten Philippine companies, including Ayala Corp. and Security Bank, have been recognized in Time magazine’s World’s Best Companies for 2025, reflecting their strong performance and potential for shareholder returns. This recognition highlights their commitment to growth and sustainability.

  • Ayala Corp. ranked 210th globally, the highest among Philippine firms.
  • Security Bank ranked 369th, showcasing its strong performance.
  • The recognition is based on employee satisfaction, revenue growth, and sustainability.
Read more: bworldonline
holding firmsfinancials

Del Monte Pacific's Q1 net income skyrockets following US business shift

Del Monte Pacific Ltd. reported a significant increase in net income to $5.5 million for Q1 2026, attributed to the deconsolidation of its US operations, which is expected to enhance shareholder returns. The company aims to strengthen its balance sheet and ensure long-term stability.

  • Net income surged from $368,000 a year earlier to $5.5 million.
  • Sales rose 13% year-on-year to $203.7 million.
  • Del Monte expects to be profitable in fiscal year 2026.
Read more: manilatimes
services

Megawide to receive P9.4 billion from Citicore for solar power investments

Megawide Construction Corp. is set to receive P9.4 billion from Citicore Holdings and Citicore Power to settle advances for solar power ventures, which will enhance its financial position and shareholder value. This cash inflow will be used to pay down debt and improve earnings through share transfers.

  • Megawide will receive P3.5 billion in cash and shares from Citicore Renewable Energy Corp.
  • The cash will be used to pay down outstanding debt.
  • The transaction is subject to corporate and regulatory approvals.
Read more: manilatimes
industrialservices
ACEN

ERC OKs original higher rates for Meralco supply contracts with SMGP and ACEN

The Energy Regulatory Commission has approved higher rates for Manila Electric Co.'s power supply agreements with San Miguel Global Power Corp. and ACEN Corp., securing renewable capacity but indicating potential higher costs for consumers. This decision reflects ongoing challenges in the energy sector.

  • ERC approved higher rates for Meralco's supply agreements.
  • The agreements secure 479 megawatts of renewable capacity.
  • Higher costs for consumers are anticipated as a result.
Read more: bworldonline
industrial

Philippines' credit market set to grow amid economic upswing, says TransUnion

The domestic credit market is expected to expand as economic growth and easing inflation create a favorable lending environment, with a notable increase in Filipinos willing to embrace credit. This growth is supported by rising consumer confidence and stable repayment behavior.

  • Gross domestic product grew by 5.5% in Q2 2025.
  • Inflation remains below the BSP target at 1.5% in August.
  • Credit inquiries surged by 49% in the first half of 2025.
Read more: manilatimes
financials

Del Monte Pacific's Q1 net income skyrockets following US business shift

Del Monte Pacific Ltd.'s net income surged to $5.5 million in Q1 2026, up from $368,000 a year earlier, driven by improved sales following the deconsolidation of its US business. The company reported a 13% year-on-year sales increase, highlighting strong demand in both domestic and international markets.

  • Del Monte's net income rose to $5.5 million in Q1 2026.
  • Sales increased by 13% year-on-year to $203.7 million.
  • The company is focused on strengthening its balance sheet and long-term stability.
Read more: manilatimes,manilatimes
services

Megawide to receive P9.4 billion from Citicore for solar power investments

Megawide Construction Corp. will receive P9.4 billion from Citicore Holdings and Citicore Power to settle advances for solar power ventures, which will help pay down debt and enhance shareholder value. This includes a cash payment and a transfer of shares in Citicore Renewable Energy Corp.

  • Megawide will receive P9.4 billion to settle advances.
  • The payment includes P4.69 billion from Citicore Holdings and P4.73 billion from Citicore Power.
  • The cash inflow will be used to pay down outstanding debt.
Read more: manilatimes
industrial

SM Investments seen thriving amid consumer growth and easing inflation

SM Investments Corp. is expected to benefit from improving consumer sentiment and easing inflation, with a projected earnings growth of 8% for 2025. The company is currently undervalued but is set to report its nine-month earnings on November 13.

  • SM Investments is projected to achieve earnings growth of 8% for 2025.
  • The company has opened 182 stores this year, with plans for more.
  • SM Investments is currently trading at a 19% discount to its revised net asset value.
Read more: manilatimes
holding firms
AEV

Ayala, Security Bank, SMIC lead PHL firms in Time 2025 World’s Best list

Ten Philippine companies, including Ayala Corp. and Security Bank, were recognized in Time magazine's World’s Best Companies for 2025, highlighting their strong performance and potential for shareholder returns. This recognition may enhance investor confidence and support future dividend policies.

  • Ayala Corp. ranked 210th globally, the highest among Philippine firms.
  • Security Bank ranked 369th, showcasing strong employee satisfaction and revenue growth.
  • Recognition reflects the companies' commitment to sustainability and stakeholder value.
Read more: bworldonline
holding firmsfinancials
BPI

Philippines' credit market set to grow amid economic upswing, says TransUnion

The domestic credit market is expected to expand as economic growth and easing inflation create a favorable lending environment. This could lead to increased consumer spending and potentially higher dividends for financial institutions.

  • GDP grew by 5.5% in Q2 2025, meeting government targets.
  • Credit inquiries surged by 49% in the first half of 2025.
  • Stable repayment behavior suggests a healthy credit environment.
Read more: manilatimes
BDOUBPfinancials

Megawide to receive P9.4 billion from Citicore for solar power investments

Megawide Construction Corp. is set to receive P9.4 billion from Citicore Holdings and Citicore Power to settle advances for solar projects, which will enhance its financial position. This cash inflow could support future dividend payments as the company focuses on growth.

  • P4.69 billion will be paid by Citicore Holdings and P4.73 billion by Citicore Power.
  • The settlement will include cash and shares of Citicore Renewable Energy Corp.
  • Management aims to use the cash inflow to reduce debt and enhance shareholder value.
Read more: manilatimes

SM Investments seen thriving amid consumer growth and easing inflation

SM Investments Corp. is projected to benefit from improving consumer sentiment and easing inflation, with a target price set at P1,150. The company plans to expand its retail network, which could enhance shareholder returns and support future dividends.

  • Earnings growth projections of 8% for 2025/2026.
  • Plans to open 130 to 140 new stores in the second half of 2025.
  • Currently trading at a 19% discount to its revised net asset value.
Read more: manilatimes
holding firms

Del Monte Pacific's Q1 net income skyrockets following US business shift

Del Monte Pacific Ltd. reported a significant increase in net income to $5.5 million for Q1 2026, attributed to the deconsolidation of its US operations. This financial turnaround positions the company for potential future dividend increases as it strengthens its balance sheet.

  • Net income surged from $368,000 to $5.5 million year-on-year.
  • Sales rose 13% to $203.7 million, driven by strong domestic and international demand.
  • Improved gross margin from 27.6% to 32.5% indicates better profitability.
Read more: manilatimes,manilatimes

MPCALA partners with EEI and CM Pancho to complete Cavite-Laguna Expressway

MPCALA Holdings has partnered with EEI Corp. and CM Pancho Construction to complete the Cavite-Laguna Expressway, enhancing regional connectivity. This infrastructure development could boost economic activity and investor sentiment.

  • The expressway aims to improve travel between Cavite and Laguna.
  • Completion is expected to significantly increase vehicle capacity.
  • Infrastructure improvements can lead to enhanced business opportunities.
Read more: manilatimes
holding firms
MEG

Megaworld adding 30,000 sq.m. of retail space with new malls

Megaworld Corp. is set to expand its retail portfolio by adding 30,000 square meters of retail space this year, responding to strong demand. This expansion could enhance revenue streams and shareholder returns.

  • The new malls will be located in Taguig, Makati, Las Piñas, and Aklan.
  • This expansion is part of Megaworld's strategy to reach one million square meters of retail space by 2030.
  • Increased retail space may lead to higher leasing revenues.
Read more: bworldonline
property
LFM

Liberty Flour Mills eyes debt-free status by end-2025

Liberty Flour Mills, Inc. anticipates achieving a debt-free status by December 2025, following the sale of its Angono property. This financial restructuring could enhance its capacity for future investments and dividends.

  • The company expects to finalize proceeds from a property sale soon.
  • Achieving a debt-free status may improve financial flexibility.
  • This move aligns with the company's long-term financial strategy.
Read more: bworldonline
industrial

Meralco rolls back household rate by 19 centavos in September 2025

Meralco has announced a reduction in household power rates, providing relief to customers amid lower generation costs. This rollback could positively influence consumer spending and economic activity in the region.

  • Household power rates will decrease by 19 centavos per kilowatt-hour.
  • The reduction follows two months of rate increases.
  • Lower electricity costs may enhance disposable income for consumers.
Read more: gmanetwork
services
SMPH

SM Prime raises $350M from dollar bond offer

SM Prime Holdings, Inc. has successfully raised $350 million through its inaugural dollar-denominated bond issuance, aimed at funding its expansion plans. This move could enhance the company's financial stability and support future dividend payouts.

  • The bond issuance is part of SM Prime's strategy to fund expansion.
  • The raised capital may positively impact shareholder returns.
  • This is SM Prime's first dollar-denominated bond offering.
Read more: bworldonline
property

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