Cecilia Yap
Stories by Cecilia Yap
Billionaire Enrique Razon to take control of Manila water from Ayala
Razon’s Prime Metroline Holdings Inc. will conduct a tender offer for Manila Water shares at 13 pesos each.
Blockchain offers rural Philippine banks a way to boost lending
Union Bank is experimenting with the use of blockchain for remittances, allowing overseas Filipino workers to send money home quickly and efficiently
Ayala, GOJEK in talks to broker possible alliance for Philippine venture
A possible investment in GOJEK's Philippine venture would mark the latest technology play for Ayala, after it bought a stake in Zalora’s local unit.
Philippine tycoon Gokongwei launches $200m venture to provide easy access to credit
The venture, set up last year by Gokongwei’s JG Summit Holdings Inc. and financial-technology startup Oriente, seeks to give credit through a digita
San Miguel seeks up to $3.6b in share sale at merged F&B unit
San Miguel Food and Beverage Inc., which combined three businesses of the group, is now worth $12 billion.
GMR-Megawide venture challenges tycoons’ Manila airport bid with $3b offer
The venture has challenged a $6.7 billion bid from a group that includes billionaires John Gokongwei and Lucio Tan.
Philippine tycoons propose $6.7b upgrade of Manila airport
San Miguel Corp. and a group that includes billionaire Henry Sy have competing proposals for new airports to service the capital.
Philippines seeks more foreign investors in telecom, says China in frontline
The bid to open up the sector has prompted local firms such as Philippine Telegraph & Telephone to start talks with China’s two biggest telecoms pro
Philippines looks to ease foreign investment restrictions next year
The Philippines has lagged most of its peers in Southeast Asia in terms of attracting foreign direct investment.
Filipino retail billionaire gets a taste for e-commerce as Alibaba nears
Robinsons Retail Holdings Inc., one of three retail giants in the Philippines, has begun moving more of its $2.7 billion empire online.