VITRO Inc., the data center arm of telecommunications giant PLDT Inc., announced that all its flagship data centers have secured Rated-3 certifications, a significant step in its pursuit of making the Philippines a major digital hub. In a statement, VITRO said its 11 data centers have all received...
West zone concessionaire Maynilad Water Services, Inc. is awaiting confirmation from one of its foreign cornerstone investors before proceeding with its ₱45.8 billion initial public offering (IPO), targeted for October. Maynilad chairman Manuel V. Pangilinan said on Monday, July 28, that one...
Top township developer Megaworld Corp. is preparing for another infusion of assets into MREIT Inc. later this year by unloading ₱1.17-billion worth of the real estate investment trust’s (REIT) shares. In a disclosure to the Philippine Stock Exchange (PSE), Megaworld said it sold 84.8 million...
The Securities and Exchange Commission (SEC) has slapped a 60-day suspension on Jia Financing Inc. for operating an illegal website and for failure to disclose new loan products and services. In a statement, the SEC said it has suspended the certificate of authority of Jia Financing operate as a...
Progress feels different when it’s steady, not loud or rushed, rooted in the kind of grit and heart that defines its environs. That is exactly the kind of growth spurt that the province of Pangasinan has been showing. In the city of San Carlos, this is made more pronounced by the corporate...
Robinsons Supermarket Corp., a wholly owned subsidiary of the Gokongwei Group’s Robinsons Retail Holdings Inc. (RRHI), is expanding into the motorcycle business by acquiring 100 percent of Lance Gokongwei’s Premiumbikes Corp. for ₱146.4 million. In a disclosure to the Philippine Stock...
Top lender BDO Unibank Inc. (BDO) of the SM Group reported a three-percent improvement in net income to ₱40.6 billion in the first half of 2025 from the ₱39.4 billion it earned in the same period last year, driven by strong performance from its core businesses. However, the firm disclosed to...
Telecommunications giant Globe Telecom Inc. has cleared another hurdle in its plan to integrate satellites into its network to serve remote communities, following the successful trial of the country’s first satellite-to-phone voice call. Globe said it recently completed a trial to test the...
Ayala Healthcare Holdings Inc. (AC Health) has added the FEU-NRMF Medical Center into its Healthway Medical Network (HMN) and commits to enhance operational efficiencies and introducing patient-centric innovations in the 5th District of Quezon City. “The Healthway FEU-NRMF Medical Center...
Investors are closely watching President Marcos ' State of the Nation Address (SONA) and second-quarter earnings reports, while concerns about United States (US) tariffs and recent typhoon damage weigh on sentiment. “The local market made a comeback last week, regaining its ground above the...
The Department of Energy (DOE) has formally re-issued “committed capacity” status for the 1,2000 Atimonan One Energy Inc. (AOE) ultra-supercritical coal-fired power plant project of Meralco PowerGen (MGen), the power generation subsidiary of Manila Electric Co. The re-issued confirmation that...
1 in 4 Filipino Children Face Stunted Growth Faced with 1 in 4 Filipino children under five affected by stunted growth*—a condition hindering a child’s health, development and future potential—the 'Nutri-licious ' advocacy aims to make nutritious meals accessible. Partnering with...
