Rockwell Land Corp. will raise its ownership in Alabang Commercial Corp. by buying an additional 22.96% stake for ₱6.2 billion. The purchase increases its equity interest from 76.3% to 99.26%, giving it near-total control of the operating company behind Alabang Town Center, a 17.5-hectare prime commercial estate in Alabang, Muntinlupa. The transaction was disclosed in a filing with the Philippine Stock Exchange on July 30, 2026.

MREIT Inc., Megaworld Corp.’s Philippine REIT, reported first-half 2026 distributable income of ₱2.49 billion, up 34% year on year, as revenues rose 26% to ₱3.41 billion. Net operating income margin improved by 121 basis points to 81% on the back of recent asset acquisitions, higher occupancy and efficiency gains. The company also announced a ₱27 billion acquisition that, subject to regulatory approval, would lift its portfolio to more than 950,000 square meters.

Rizal Commercial Banking Corp. (RCBC) said its first-half 2026 net income fell 22.6% year on year to ₱4.11 billion as credit impairment provisions rose amid heightened geopolitical uncertainty. Total loans increased 9% and consumer lending jumped 22%. Net interest income climbed 18.2%, but provisioning offset the gains. The bank’s capital adequacy ratio stood at 13.4%, well above regulatory minimum requirements.

AboitizPower said first-half 2024 net income rose 45% year on year to ₱18.4 billion, while EBITA increased 27% to ₱43 billion. The company said the gains were driven by improved market power prices, higher contributions from hydro and gas generation, and the start of operations at three new solar plants in Olongapo, Armenia, and San Manuel. The results were disclosed to the Philippine Stock Exchange as the company’s generation business expansion posted its first half-year validation.

Philex Mining reported a net profit of ₱392 million in the second quarter of 2026, reversing a ₱592 million net loss in the previous quarter and more than doubling from ₱171 million a year earlier. The rebound followed the restart of its Padcal mill, where ore milled reached 1.56 million tons, up 68% quarter-on-quarter. With gold and copper prices higher, core net income rose to ₱492 million, marking a sharper-than-expected earnings turnaround tied to improved operations at its main asset.

BDO Unibank completed its sixth ASEAN sustainability bond issuance in a single day, raising ₱132 billion—more than 26 times its original ₱5 billion plan. The 1.5-year bonds carry a 6.26% annual coupon and are set for issue, settlement and listing on July 28, 2026. Since January 2022, BDO has raised a total of ₱386.7 billion across six such bond offerings.

Union Bank of the Philippines (UnionBank) reported first-half 2026 net income of ₱6.9 billion, up 113% year on year, with net revenues rising 9% to ₱43.1 billion. Net interest margin improved to 6.9%, while credit cards and personal loans helped drive an 18% increase in consumer lending. Improving asset quality lowered credit costs by 19%.

The Philippines’ Malampaya deepwater gas project restored supply on July 15 after completing a monthlong maintenance and upgrade program. The work lays the groundwork for the Phase 4 expansion, which will add the Malampaya East-1 and Camago-3 production wells and targets first gas in the fourth quarter of 2026. The project supplies fuel for about 20% of Luzon’s power generation and is the country’s core domestic gas source. During the shutdown, Malampaya provided emergency supply to help stabilize the grid after Typhoon “Inday” disrupted nearby imported LNG terminals.

Semirara Mining & Power Corp., the Philippines’ largest coal producer, has filed a petition in a Makati court to block the Department of Energy from disclosing its proprietary geological studies and a detailed inventory of equipment to prospective bidders. The company says the information and technical assets tied to its Semirara Island operations are protected under its existing contract, as the government prepares to auction ten coal blocks before the contract expires in July 2027. Semirara warned that the Acacia mine relies on continuous pumping to prevent flooding, and that a shutdown could render the mine inoperable and potentially wipe out roughly half of the island’s recoverable coal reserves. The company said the court action will not affect day-to-day operations.