Instead of an initial public offering for its green energy businesses under MGen Renewable Energy Inc. (MGreen), Manila Electric Company (Meralco) is planning a re-IPO after all of its assets has been consolidated under SP New Energy Corporation (SPNEC). “We’re likely to inject our renewable...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) expects to sustain its double-digit growth trajectory when it reports its third-quarter financial performance in November. In an interview, MPIC Chief Finance, Risk, and Sustainability Officer Chaye Cabal-Revilla said the company’s...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm mWell has partnered with the Department of Information and Communications Technology (DICT) to explore the integration of healthcare services into the government’s eGov PH App. According to MPIC, the collaboration aims to create...
Tycoon Manuel V. Pangilinan, who leads one of the biggest conglomerates in the country, warns of the adverse impact of the corruption scandal on the Philippine economy and credit ratings. Speaking at the 57th FINEX annual conference, he said that, because of this corruption scandal, “government...
Five Filipina chief executives in financial services and real estate were named in Fortune Magazine’s 100 Most Powerful Women in Asia list for 2025. Named to the list are: Martha Sazon of Mynt-Gcash (#37), Anna Ma. Margarita Bautista Dy of Ayala Land Inc. (#69), Lynette V. Ortiz of Land Bank of...
Robinsons Land Corp., the property development arm of the Gokongwei Group, is soon launching major renovations of its malls—particularly the flagship malls—in response to consumer preference for more premium lifestyle spaces. In a media interview, RLC President and CEO Mybell V. Aragon-Gobio...
Robinsons Land Corp. (RLC) is planning to continue expanding its flexible office space unit work.able as it sees real demand in the coworking market—not just in Metro Manila, but also in the provinces. In a media interview during the inauguration of the 14th work.able branch at GBF Center 1 in...
Robinsons Offices, a unit of Robinsons Land Corp., has inaugurated GBF Center 2 in Bridgetowne destination estate two years after the completion of the adjacent GBF Center 1. RLC said the second building of the two-tower development not only complements its predecessor but elevates the estate into...
Metro Pacific Tollways Corp. (MPTC) plans to raise up to ₱20 billion through a planned bond issuance, while continuing to explore options to reduce debt, as market conditions are still not favorable for an initial public offering. Philippine Rating Services Corp. (PhilRatings) said MPTC is...
To combat what he calls “systemic weakness,” former Finance Secretary Cesar V. Purisima is urging the government to adopt bold financial reform agenda, including cash transaction limits and demonetization, to fight corruption at its source. In a recent social media post, Purisima, who served as...
Metro Pacific Investments Corp.’s (MPIC) digital healthcare arm, mWell, has launched the country’s first fully digital health identity designed to enable Filipinos to carry their complete personal health records in their pocket. Accessible via the mWell app, the mWell Health ID serves as a...
Integrated telecommunications firm PLDT Inc. is taking charge of the MVP Group of Companies’ push for hyper-personalized customer experience by boosting its stake in data unit, Kayana Solutions Inc. In a disclosure, PLDT said it has executed a subscription agreement for 594 million additional...
