Meralco PowerGen Corp. (MGen), the power generation unit of Manila Electric Co., announced that it has signed a partnership with Saudi Arabia’s water desalination firm ACWA Power. In a statement on Wednesday, June 4, MGen said it signed an agreement with ACWA to explore renewable energy (RE)...
The industry-wide alliance of the country’s leading telecommunications operators is seeking to expand its membership to include government and law enforcement agencies amid rising threats to network infrastructure, primarily cyberattacks and theft. In a statement, Pangilinan-led PLDT Inc. said...
The Ayala Group’s electronics manufacturing arm, Integrated Micro-Electronics Inc. (IMI), is selling its facilities in the Czech Republic to a China-based firm for about ₱636 million as it continues to rationalize its global operations to return to profitability. In a disclosure to the...
Real estate giant Ayala Land Inc. is set to launch its latest mall, the Ayala Malls Arca South, in December this year as part of plans to raise the appeal of the 74-hectare Arca South in Taguig as Metro Manila’s next major business district. In a statement, the firm said it is ramping up...
In a country like the Philippines, where typhoons, earthquakes, and other natural calamities are part of the norm, resilience is not just a necessity but a way of life. Ranked consistently high in the World Risk Index due to its location along the Pacific Ring of Fire and the typhoon belt, the...
Ayala Corporation reported that Globe Fintech Innovations Inc. (Mynt, the owner of GCash) is undergoing a stock split that will result in a lower par value per share and increase its market appeal when it launches its initial public offering. In a disclosure to the Philippine Stock Exchange, Ayala...
The Securities and Exchange Commission (SEC) has approved the applications of G-Xchange, Inc. (GCash) and Macodimarc Technology Corporation (Pluang PH) to participate in the Commission’s regulatory sandbox. On June 2, 2025, the SEC formally issued the Notice of Approval for Entry into the SEC...
D&L Industries Inc., the country’s top producer of specialty food ingredients and oleochemicals, expects its profitability to continue growing in the coming years as it ramps up exports, giving it confidence that it will sustain its strong dividend payouts. In an online media briefing after the...
The Securities and Exchange Commission (SEC) has approved the planned initial public offering (IPO) of Maynilad Water Services, Inc. for next month, aiming to raise a maximum of ₱45.8 billion. The Commission En Banc, on May 30, resolved to render effective the registration statement of Maynilad,...
Tycoon Dr. Andrew Tan’s global spirits company Emperador Inc. (EMI) is integrating smart technologies and renewable energy (RE) initiatives into its international operations, particularly in Spain and the United Kingdom (UK), to further champion sustainability, innovation, and environment...
As it celebrates its 70th anniversary, the Filinvest Group once again solidified its continued commitment to inclusive, purpose-driven developments with its real estate companies’ strong showing at the 2025 FIABCI Philippines Property and Real Estate Excellence Awards. Its real estate companies,...
Hann Holdings Inc. (HHI), the owner and developer of the integrated resort (IR) brand Hann Resort, plans to raise funds through an initial public offering as it continues to develop its multi-billion-dollar Hann Reserve in New Clark City. “We have submitted a prospectus to the SEC (Securities and...
