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...
While the Philippines cannot take China out from the equation, it can adopt a derisking strategy to prevent them from gaining full control of the country's critical sectors, a political analyst said. Asian Center of the University of the Philippines Professor Richard Heydarian said derisking would...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
House Speaker Martin Romualdez (Facebook) House Speaker Martin Romualdez is more bullish than ever with the Philippines' foreign investments prospects following the "overwhelmingly positive" reception of the Philippine delegation at the World...
Watsons Philippines, a leading health and beauty retail brand under the SM Group, reported that ended 2024 with 1,166 stores after it opened 80 new stores last year as part of its strategic expansion. In a statement, the company said more than 50 of the new stores opened last year were...
The Board of Investments (BOI) has set its sights on fostering international collaboration to bolster the country’s education sector and promote academic excellence. This comes after the agency made key amendments to the 2022 Strategic Investment Priority Plan (SIPP) through its Memorandum...
Meritocracy is no longer a buzzword in the corporate world. It's becoming a key indicator of effective governance, as companies increasingly prioritize expertise and independent judgment in their boardrooms to navigate a rapidly evolving business landscape. While many companies boast about their...
The country’s renewable energy sector is expected to garner more funding as Masdar, a clean energy firm based in the United Arab Emirates (UAE), has signed a deal to facilitate prospective investments. A Memorandum of Understanding (MOU) was signed on Wednesday, Jan. 15, between the...
West Zone concessionaire Maynilad Water Services Inc., a partnership between Metro Pacific Investments Corporation (MPIC), DMCI Holdings and Marubeni Corporation, is already talking to several banks in preparation for its planned $1 billion initial public offering (IPO). In an interview at the...
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Pangilinan-led Metro Pacific Investments Corporation (MPIC), is raising P30 billion to P50 billion in equity to pay for maturing obligations. In an interview at the sidelines of Management Association of the Philippines general membership...
