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Uniholdings, Inc. merger with six entities gets regulator's approval

Business World Philippines

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May 22, 2025

LISTED Uniholdings, Inc. has secured approval from the Securities and Exchange Commission (SEC) for its planned merger with six entities as part of its transition into an investment holding company.

- Revin Mikhael D. Ochave

Uniholdings, Inc. merger with six entities gets regulator's approval

The SEC approved the merger on Dec. 27, 2023, Uniholdings said in a regulatory filing on Wednesday.

Uniholdings, formerly known as Chemical Industries of the Philippines, Inc., is merging with six real estate firms: Rivertanks, Inc., Addventure Properties, Inc., Citiworld Properties and Development Corp., Exquadra, Inc., Quantumlink Realty Corp., and Buklod Realty Corp.

Chemical Industries is engaged in the manufacture, sale, and distribution of industrial chemicals, and also leases office space.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Business World Philippines

Police investigate deaths of filmmaker Rob Reiner and wife as apparent homicide

Actor-director and political activist Rob Reiner and his wife were found dead in their Los Angeles home on Sunday, and police detectives are investigating the circumstances as an apparent homicide, city officials said.

time to read

2 mins

December 16, 2025

Business World Philippines

Asialink secures $50M in fresh funds under ADB credit facility

ASIALINK FINANCE Corp. (AFC) has secured $50 million in additional funding support as it looks to expand its lending to micro, small, and medium enterprises (MSME) across the Philippines.

time to read

1 min

December 16, 2025

Business World Philippines

Manila Water, Maynilad to hike rates next year

RESIDENTIAL HOUSEHOLDS in Metro Manila will see higher water bills in the first quarter of 2026 as the regulator approved the rate adjustments sought by the two concessionaires.

time to read

2 mins

December 16, 2025

Business World Philippines

Deutsche Bank sees 25-bp cut in Feb.

THE BANGKO SENTRAL ng Pilipinas (BSP) might deliver a sixth straight rate cut at its first policy meeting next year as weak domestic and external economic prospects could drag growth, Deutsche Bank Research said.

time to read

2 mins

December 16, 2025

Business World Philippines

Business World Philippines

Meralco seeks bids for 200-MW renewable energy supply

MANILA ELECTRIC CO. (Meralco) has launched a competitive selection process (CSP) to procure 200 megawatts (MW) of baseload renewable energy (RE) to comply with its renewable portfolio standards (RPS) obligations, the company said on Monday.

time to read

1 min

December 16, 2025

Business World Philippines

IMF lowers PHL growth forecasts for 2025 and 2026

THE PHILIPPINE ECONOMY is seen to grow below target until next year, as higher US tariffs dampened exports and investments, the International Monetary Fund (IMF) said on Monday.

time to read

2 mins

December 16, 2025

Business World Philippines

Business World Philippines

NEO Office PH eyes full occupancy next year

OFFICE developer NEO Office PH expects to achieve full occupancy next year as leasing demand from business process outsourcing (BPO) companies and small and medium enterprises (SMEs) remains strong, company officials said.

time to read

2 mins

December 16, 2025

Business World Philippines

Remittances jump by 3% in October

Slowest growth in five months

time to read

3 mins

December 16, 2025

Business World Philippines

Business World Philippines

BTr fully awards last T-bill offer as yields mostly move sideways

THE GOVERNMENT made a full award of the Treasury bills (T-bills) it offered on Monday at mixed rates amid weakening market activity before the yearend and following the US Federal Reserve and Bangko Sentral ng Pilipinas’ (BSP) policy decisions.

time to read

2 mins

December 16, 2025

Business World Philippines

PHL sees 2.16% drop in tourist arrivals

VISITOR ARRIVALS in the Philippines fell by 2.16% in the first 11 months, amid a decline in tourists from South Korea and China, Tourism department data showed.

time to read

2 mins

December 16, 2025

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