Latest Market News

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

CPG

PHirst Park to build 13,150 homes with P8.39B investment

PHirst Park Homes, Inc. plans to invest P8.39 billion to develop 13,150 housing units across the Philippines by the end of 2025, addressing the country's housing backlog. This initiative reflects the company's commitment to affordable housing solutions.

  • Investment will fund the construction of 13,150 housing units.
  • The project aims to address the housing backlog in the Philippines.
  • PHirst Park Homes is part of Century Properties Group.
Read more: bworldonline
property

AboitizPower 9-month profit lower at P23.30B

Aboitiz Power Corp. reported a decline in net income for the first nine months of 2025, attributed to increased depreciation and interest expenses. Despite this, EBITDA showed slight growth, indicating resilience in operations.

  • Net income fell to P23.30 billion from P27.30 billion.
  • EBITDA increased to P56.30 billion.
  • Energy sales increased by 19% year on year.
Read more: manilatimes
holding firms
SMPH

SM Prime prices P17B bond offering

SM Prime Holdings Inc. has set interest rates for a P17 billion bond offering to refinance debt, with proceeds expected to enhance its financial flexibility. The bonds are part of a P100 billion shelf registration.

  • The bond offering includes series AB, AC, and AD bonds.
  • Interest rates range from 5.909% to 6.2855%.
  • Proceeds will be used for debt refinancing.
Read more: manilatimes
property

Security Bank raises P21B from bond offer

Security Bank Corp. has successfully issued P21 billion in fixed-rate peso corporate bonds, its largest bond issuance to date, to support its lending activities. The bonds carry a fixed rate of 6 percent per annum, reflecting strong investor demand.

  • The bond issuance is due in 2030.
  • Proceeds will support the bank's lending activities.
  • The issuance was oversubscribed, exceeding the initial target.
Read more: manilatimes
financials

AboitizPower to acquire 25% stake in Vietnam coal plant for P12.9B

Aboitiz Power Corp. is set to acquire a 25% stake in Van Phong Power Company Limited for $220 million, marking its first significant investment outside the Philippines. This acquisition is expected to support the company's strategy for sustainable returns to shareholders.

  • Acquisition cost is approximately P12.9 billion.
  • The plant has a capacity of 1,320 megawatts.
  • This is AboitizPower's first venture outside of the Philippines.
Read more: bworldonline
holding firms
AREIT

AREIT to Enhance Portfolio with P19.5B Property Swap

AREIT Inc. is set to acquire P19.5 billion worth of malls from Ayala Land through a property-for-share swap, aimed at strengthening its portfolio and supporting future dividend growth.

  • The transaction will increase AREIT's assets under management to P158 billion.
  • The swap is subject to shareholder and regulatory approvals.
  • AREIT's president emphasized the deal's potential to enhance shareholder returns.
Read more: manilatimes
property

Peso Weakens Amid Economic Uncertainty and Fed Rate Speculation

The Philippine peso weakened against the dollar, closing at P58.85, as market sentiment was impacted by doubts over future Federal Reserve rate cuts. The Philippine Stock Exchange index also saw a decline amid cautious trading.

  • The peso's decline is attributed to uncertainties surrounding the Fed's monetary policy.
  • The PSEi dropped by 0.57%, reflecting investor caution.
  • Economic data releases are anticipated to influence market direction.
Read more: manilatimes
financials
CPG

Century Properties to Build 13,150 Homes with P8.39B Investment

Century Properties Group is set to invest P8.39 billion to develop 13,150 housing units across the Philippines by the end of 2025. This expansion aims to meet the growing demand for affordable housing solutions.

  • The initiative will utilize Century's in-house construction arm, PHirst Build.
  • The housing units will cater to various income segments.
  • This development is part of Century's ongoing commitment to address the housing backlog in the country.
Read more: bworldonline
property

Security Bank Raises P21B from Successful Bond Issuance

Security Bank Corp. has issued P21 billion in fixed-rate corporate bonds, its largest issuance to date, with a fixed rate of 6% per annum. The proceeds will support the bank's lending activities and expand its funding base.

  • The bond issuance was oversubscribed, reflecting strong investor demand.
  • Proceeds will be used to fund growth and support the bank's BetterBanking promise.
  • Security Bank shares rose by 3.65% following the announcement.
Read more: manilatimes
financials

AboitizPower Expands Internationally with $220M Stake in Vietnam Power Plant

Aboitiz Power Corp. has acquired a 25% stake in Vietnam's Van Phong Power Co. for $220 million, marking its first venture outside the Philippines. This investment aligns with the company's strategy to provide sustainable returns to shareholders while diversifying its energy portfolio.

  • The acquisition supports AboitizPower's goal of a balanced energy mix.
  • Van Phong Power operates a 1,320 MW coal-fired power plant in Vietnam.
  • The deal is subject to regulatory approvals and is expected to close in fiscal year 2026.
Read more: manilatimes
holding firms
SPNEC

Leviste sells P13.76 billion SPNEC shares to Meralco

Batangas 1st District Rep. Leandro Legarda Leviste has sold his shares in SP New Energy Corporation to Meralco for P13.76 billion, completing a significant transaction that may impact the energy sector's dynamics.

  • Leviste sold 10.83 billion shares in SPNEC.
  • The sale is valued at P13.76 billion.
  • This transaction could influence the energy market landscape.
Read more: gmanetwork
holding firms

SM Prime prices P17B bond offering

SM Prime Holdings Inc. has set interest rates for a P17-billion fixed-rate bond offering, aimed at refinancing debt. This issuance is part of a larger P100-billion shelf registration to support the company's growth initiatives.

  • The bond offering includes series due in 2030, 2032, and 2035.
  • The interest rates range from 5.909% to 6.2855%.
  • Proceeds will be used for debt refinancing.
Read more: manilatimes
property

Security Bank raises P21B from bond offer

Security Bank Corp. has raised P21 billion from its largest bond issuance to date, aimed at supporting its lending activities and expanding its funding base. The strong investor demand reflects confidence in the bank's growth strategy.

  • The bond issuance is due in 2030 with a fixed rate of 6% per annum.
  • The bank exercised its oversubscription option due to strong demand.
  • Proceeds will support lending activities and expand the funding base.
Read more: manilatimes
financials
ALI

Ayala Land raises P15 billion in ESG-linked bonds

Ayala Land, Inc. has successfully raised P15 billion through sustainability-linked bonds aimed at funding green initiatives. The bonds are expected to enhance the company's financial flexibility and support its long-term growth strategy.

  • The offering includes five-year and ten-year bonds.
  • The fixed rates are set at 6.0671% and 6.2855%, respectively.
  • Proceeds will fund green initiatives and enhance financial flexibility.
Read more: bworldonline
holding firms
AREIT

AREIT to expand portfolio with sixth property-for-share swap deal

AREIT Inc. is set to enhance its assets under management by acquiring P19.5 billion worth of commercial mall properties from Ayala Land through a property-for-share swap. This transaction is expected to support dividend growth and yield-accretive benefits for shareholders.

  • AREIT will acquire properties valued at P19.5 billion.
  • The swap is subject to shareholder and regulatory approvals.
  • This will increase AREIT's assets under management to P158 billion.
Read more: manilatimes
ALIpropertyholding firms
SMPH

SM Prime prices P17B bond offering

SM Prime Holdings has set the interest rates for its upcoming P17 billion bond offering, aimed at refinancing debt. This move could enhance the company's financial flexibility and support future dividend distributions.

  • The bond offering includes various series with fixed interest rates.
  • Proceeds will be used for debt refinancing.
  • This is part of SM Prime's broader strategy to manage financial obligations.
Read more: manilatimes
property

Security Bank raises P21B from bond offer

Security Bank has raised a record P21 billion from its latest bond issuance, significantly exceeding its initial target. This capital influx is expected to bolster the bank's lending capacity and support future dividend payments.

  • The bond issuance was oversubscribed, reflecting strong investor confidence.
  • Proceeds will be used to support the bank's lending activities.
  • This marks Security Bank's largest bond issuance to date.
Read more: manilatimes
financials
ALI

Ayala Land raises P15 billion in ESG-linked bonds

Ayala Land, Inc. successfully raised P15 billion through sustainability-linked bonds aimed at funding green initiatives. This financial maneuver may enhance the company's capacity for future investments and dividend distributions.

  • The bond offering includes five-year and ten-year series with fixed rates.
  • Proceeds will fund green initiatives, potentially improving financial stability.
  • The issuance aligns with Ayala Land's commitment to sustainability.
Read more: bworldonline
holding firms
AEV

AboitizPower reports lower profits amid rising costs

Aboitiz Power Corp. reported a 15% decline in net income for the first nine months of 2025, attributed to increased costs despite higher energy sales. This decline may impact future dividend distributions as the company navigates financial pressures.

  • Net income fell to P23.1 billion from P27.2 billion year-on-year.
  • The company is facing higher depreciation and interest expenses.
  • The drop in profits could affect future dividend payouts.
Read more: business,manilatimes
holding firms
AREIT

AREIT to expand portfolio with sixth property-for-share swap deal

AREIT Inc. is set to enhance its assets under management by adding P19.5 billion worth of commercial mall properties through a property-for-share swap with Ayala Land. This transaction is expected to support dividend growth and yield-accretive benefits for shareholders.

  • AREIT will acquire P19.5 billion in mall properties from Ayala Land.
  • The swap is subject to shareholder and regulatory approvals.
  • The transaction aims to strengthen AREIT's portfolio and enhance shareholder returns.
Read more: manilatimes,business
ALIpropertyholding firms

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