Metro Pacific Water Solutions (MPWS), a unit of the Metro Pacific Group, has signed a memorandum of understanding (MOU) with Hitachi Asia Ltd., a subsidiary of Hitachi Ltd., to explore potential joint projects in the water and wastewater management sector in the Philippines. In a statement, Metro...
Japanese banking giant MUFG Bank Ltd. expects the Bangko Sentral ng Pilipinas (BSP) to lower interest rates at a slower pace next year alongside an also slower depreciation of the Philippine peso when US President-elect Donald J. Trump returns to the White House. In a Dec. 20 report, MUFG senior...
The Ty family’s flagship GT Capital Holdings Inc. announced key leadership changes in its wholly-owned subsidiary Federal Land Inc., with Jose Mari H. Banzon taking the helm of the property development company starting next year. In a disclosure to the Philippine Stock Exchange, GT Capital said...
By Pete Dacuycuy MEET THE ARTIST Myse Salonga Self-taught artist Myse Salonga is crowned Noble Queen of Culture and Arts 2024 at the sixth edition of the Crowning and Awarding Ceremony of the Noble Queen of the Universe Advocacy International Pageant, held at the Cities Events Place,...
Security Bank Corporation and its shareholder, Bank of Ayudhya PCL (Krungsri), may soon merge Home Credit Philippines (HCP) following the recent exit of MUFG Bank Ltd. from HCP. Security Bank has entered into an agreement to acquire MUFG’s 25 percent stake in HC Consumer Finance Philippines Inc....
Ayala-led Globe Telecom Inc. joined forces with Singapore-based Transcelestial Technologies Pte Ltd. to deploy a laser communications system that would expand its 4G and 5G connectivity in the country. Through its shared services and outsourcing arm Asticom Technology Inc., Globe said it conducted...
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation Engineering & Construction (Samsung C&T) Group have joined forces to promote the adoption of nuclear energy in the country. In a statement, Meralco said that the memorandum of understanding (MOU)...
Power utility giant Manila Electric Company (Meralco) has accepted the lowest bid from Aboitiz-led GNPower Dinginin Ltd. Co. (GNPD) for its 400-megawatt (MW) mid-merit supply requirement, ensuring stable electricity for consumers. In a statement, Meralco said GNPD’s bid was at P7.6816 per...
Ayala-led ACEN Corporation has broadened partnership deals with two Singaporean firms for transition credits (TC) trading that could financially support the advanced retirement of its 246-megawatt South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant in Batangas. The latest...
In urban areas, especially in the Philippines, landscaping is often overlooked in favor of building tall structures, leading to a rise in the heat index. While development is inevitable, the destruction of nature can be prevented. Global real estate leaders are focusing on the forces shaping our...
TWU co-founder Aldrich Tang, Sihoo chairman Luo ‘Jack’ Huiping, TWU co-founder Rose Sunga, Scoliosis Philippines Support Group founder Amanda Bonife, Sihoo general manager Andy Liu, and sales director Alex Cheng TWU Furniture Corporation (Things We Use PH), together with Shenzhen Sihoo...
A high-ranking official of India's Adani Ports and Special Economic Zone Limited (APSEZ Ltd.) expressed the company's intention to invest in the Philippines, citing the country's stability in regulation and business environment. NEW VENTURES — President Ferdinand 'Bongbong' Marcos Jr. meets...
