Vietnam-based Green and Smart Mobility Joint Stock Company (Green GSM) has launched the first all-electric taxi service in the Philippines, aligning with the company’s strategy to advance sustainable mobility globally. The Philippines is marked as the fourth international market of Green GSM,...
Metropolitan Bank & Trust Company continues to strategically expand its reach with the opening of four new branches in key locations across the country in the first quarter of the year. The bank said it opened new branches within key business districts of Metro Manila, Power Plant Mall in Makati...
Oasis Management Company Ltd, a Hong Kong-based “activist” investment fund, reported that it has so far acquired a 5.76 percent stake in Lucio Tan-led and Philippine Airlines owner PAL Holdings Inc. In a disclosure to the Philippine Stock Exchange, Oasis Management said it bought the shares...
Japanese cement company Taiheyo Cement Corp. expressed its gratitude to the Department of Trade and Industry (DTI) over its decision to impose provisional safeguard duties on cement imports that were found to be harming the local industry. In February, the DTI imposed duties of ₱400 per metric...
The Ty family’s investment arm GT Capital Holdings, Inc. is confident of sustaining its positive momentum this year after reporting that its first quarter 2025 numbers already surpassed last year’s record performance. In a disclosure to the Philippine Stock Exchange, the firm said its core net...
Meralco PowerGen Corporation (MGen), the power generation arm of Manila Electric Company (Meralco), announced that its subsidiary, PacificLight Power Ltd. (PLP), is on track to begin operations of its additional 100-megawatt Fast Start gas turbine capacity this quarter. MGen stated that PLP is set...
Mother’s Day is just around the corner. And yes, I have three sons who are all fully grown adults. So I wouldn’t blame you for raising your eyebrows at the audacity of me writing on a topic that has to do with new and expecting moms—but hear me out. I’ve been following SM Retail’s Green...
Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024. The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a...
A legal entanglement concerning intellectual property (IP) related to a reactor design, which South Korea encountered with the American firm Westinghouse Electric Company, continues to impede the targeted feasibility study intended to evaluate the potential for reactivating the mothballed...
While momentum in the nuclear energy sector is growing, Manila Electric Company (Meralco) noted that major icant progress hinges on the enactment of the Philippine Atomic Energy Regulatory Framework Bill (PhilAtom Bill). In a briefing, Ronnie L. Aperocho, Meralco first vice president and head of...
Manuel V. Pangilinan-led Manila Electric Company (Meralco) has announced the upgrade of its substation in Bonifacio Global City, a move aimed at addressing the increasing power demand in Taguig City and parts of Makati. In a statement on Tuesday, April 30, Meralco detailed the expansion of its Fort...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
