In the late 2000s, Philippine business saw an intense corporate war as two of the country 's most aggressive conglomerates, Metro Pacific Investment Corp. (MPIC) of Manuel V. Pangilinan and San Miguel Corp. (SMC) of Ramon S. Ang, went to war for a single asset: Manila Electric Co. (Meralco)....
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) will source part of its power supply from biogas over a 20-year period as part of its renewable energy (RE) integration. In a statement on Monday, Aug. 4, Meralco said it has secured a power supply agreement (PSA) with First Quezon Biogas Corp....
Manuel V. Pangilinan-led listed upstream oil and gas company PXP Energy Corp. has increased its stake in Canada’s FEC Resources Inc., which holds a key interest in an oil and gas exploration project off Palawan. In a disclosure to the Philippine Stock Exchange (PSE) on Friday, Aug. 1, PXP Energy...
The long-awaited transfer of a Manila Electric Co. (Meralco) stake to San Miguel Corp. has quickly created new ripples in the local business scene, with tycoon Manuel V. Pangilinan’s group signaling its interest in acquiring those very shares. Pangilinan, who serves as Meralco’s chairman and...
Manuel V. Pangilinan-led Manila Electric Co. (Meralco) increased its consolidated core net income (CCNI) by a tenth to ₱25.5 billion in the first half of 2025 on the back of the growth of its power generation business. During a media briefing on Monday, July 28, Meralco Senior Vice President and...
Manuel V. Pangilinan-led Metro Pacific Agro Ventures (MPAV) is solidifying its dominance in the domestic food-grade coconut export industry with the acquisition of the Franklin Baker Group of Companies, hot on the heels of its recent stake in Axelum Resources Corp. In a statement, MPAV said it...
Metro Pacific Investments Corporation’s subsidiary mWell has decided not to remain just a digital platform and has officially launched its first Primary Care Facility (PCF) in Main Square Mall, Bacoor City. “While a fully integrated digital platform, mWell built the PCF to showcase its Digital...
A Michelin recognition is one of the highest honors in hospitality, awarded to hotels that meet global standards. The guide evaluates properties based on five criteria, including architecture, service quality, and local relevance. This year, two Robinsons Hotels and Resorts (RHR)...
BancNet Inc. has reelected Nestor V. Tan as Chairman of the Board and Fabian S. Dee as President for the 2025-2026 term, signaling continuity in its leadership as the electronic banking consortium reported robust operational and financial growth in 2024. Tan, who also serves as president and CEO of...
Three years ago, President Ferdinand Marcos Jr. took the helm of the country as the world continued to grapple with the Covid-19 pandemic and economies, including the Philippines, strove for recovery after crippling lockdowns. Governments worldwide faced the delicate task of balancing public health...
The Gokongwei Group’s Robinsons Land Corporation (RLC), through its hospitality arm Robinsons Hotels and Resorts (RHR), is expanding its presence in Luzon with the launch of Grand Summit Pangasinan, which will open in 2027. The firm said the new hotel will be the first property under RLC’s...
The Man of Steel just made a superhero landing at Bridgetowne Destination Estate. For two days, Robinsons Land’s flagship mixed-use development became the site of the “Superman: Look Up” fan event, drawing crowds, capes, and cameras. The 30-hectare estate across Pasig and Quezon City turned...
