The Board of Investments (BOI) has awarded green lane certificates to Upgrade Energy Philippines Inc. (UGEP) to expedite regulatory approvals for its ₱3.62 billion solar power projects in Zambales and Capiz. UGEP's Cabangan solar project in Zambales, with a capacity of 56.771 megawatts (MW), has...
MB NEWSMAKERS Top row, from left: Mylo Speech Buddy Founder Vincent Rocha, President of Bingo Plus Rafael Jasper Vicencio, President & CEO of HSBC Philippines Sandeep Uppal, Dr. Victor Erwin Jocson, Head of Star Magic PR (representing Bini) Thess Gubi, Co-Chairperson of Kawayan Collective...
SM Investments Corporation, the flagship of the Sy family, is cautiously optimistic and expects its upward trajectory to continue this year on the back of the strength of the Philippine economy. In an interview, SMIC Chairman Amando M. Tetangco Jr. said, “We will continue to grow in 2025. As many...
Global investors appeared to have lost their appetite for the Philippines, as total foreign investments significantly declined by 38.87 percent last year, sharply contrasting with the substantial investments in 2023. Data from the Philippine Statistics Authority (PSA) revealed that foreign...
Ayala Corporation and San Miguel Corporation led 29 Philippine conglomerates and businesses that made it to Time magazine and Statista’s inaugural 500 Best Companies in Asia-Pacific for 2025. The ranking of 500 of the Asia-Pacific’s best companies by Time and Statista is based on a formula of...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
If you dismiss the impeachment saga of Vice President Sara Duterte as just another rerun in the Philippine political circus, think again - because while we may be desensitized to that kind of drama, foreign investors are watching with sharp eyes, questioning the country’s political stability and...
The Board of Investments (BOI) has set Friday, Feb. 14, as the deadline for businesses and other stakeholders to submit their inputs for the 2025-2028 Strategic Investment Priority Plan (SIPP). The SIPP, a three-year framework that lists economic activities that can qualify for fiscal incentives,...
Sy-led conglomerate SM Investments Corporation’s successful issuance of $500 million five-year bonds in 2024 has been awarded the “Philippine Capital Market Deal of the Year” by International Financing Review Asia (IFR Asia). IFR Asia cited SM Investments’ return to the US dollar bond...
Metro Pacific Investments Corporation’s (MPIC) digital healthcare arm mWell is pioneering the use of drones for the delivery of medicine in Southeast Asia in order to reach hard-to-access areas in the Philippines. In a statement, the firm said the service is designed to complement the...
Mr. Erwin G. Pato, SM Investments Executive Vice President for Treasury, Finance and Planning, receives the Anvil Award from Mr. Norman Agatep, Vice President for External, Public Relations Society of the Philippines for SM’s landmark Euro Medium-Term Notes Program. The SM Group, led by...
The Board of Investments (BOI) has granted a green lane certificate to Sapang Balen Solar Sustainable Energy Corp. (SBSSEC), a subsidiary of TIGON Power Corp. The BOI said in a statement that the solar power project, located in Mabalacat City and Magalang Municipality, is expected to accelerate the...
