Senate President Francis “Chiz” Escudero expressed confidence that more foreign investors will look at the Philippines as an ideal investment destination with the enactment of a law that extends their land lease contract to 99 years. The measure, principally authored by Escudero during the...
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...
Pangilinan-led Metro Pacific Investments Corp. (MPIC), the Philippines’ leading infrastructure investments company, has appointed former Philippine Airlines President Gilbert Gabriel F. Santa Maria as the new President and CEO of Metro Pacific Tollways Corp. (MPTC), effective Sept. 1, 2025. Santa...
Sy-led SM Investments Corporation, one of the Philippines’ largest conglomerates, sees new growth in its logistics and renewable energy units even as its core real estate, retail, and banking businesses continue to thrive with the country’s economy. “But, really, all of our businesses have...
The SM Group has partnered with the Technical Education and Skills Development Authority (TESDA) to expand the conglomerate’s J.O.B.S. (Jobs Opportunities Building Skills) program by integrating skills training into its nationwide job fairs. The group said this further aligns its efforts with the...
Sy-led SM Investments Corp. (SMIC) is expanding its renewable energy portfolio by developing more geothermal sites, commissioning new solar projects, and eyeing investments in wind energy. In a statement on Tuesday, Frederic C. DyBuncio, SMIC president and chief executive officer, said the company...
The Board of Investments (BOI) has sealed its first provincial partnership in Mindanao with the local government of South Cotabato, positioning the province as the premier investment hub in the Soccsksargen region. In a statement, the BOI said it has signed a memorandum of agreement (MOA) with...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) has entered a memorandum of understanding (MOU) with Mitsui & Co. (Asia Pacific) Pte. Ltd. Manila Branch (Mitsui) and SteelAsia Manufacturing Corp. to explore the creation of a closed-loop steel recycling system that supports a circular economy....
SM Investments Corp., the flagship of the Sy family’s business group, is strengthening its entertainment ecosystem across its portfolio to be more appealing and in tune with the preferences of the new generation of Filipino consumers. “At SM, we recognize the younger generation’s growing...
After reducing its stake in EEI Corporation last year, the Yuchengco Group’s flagship House of Investments (HI) has laid down its ₱22 billion investment plan for 2025 and 2026 focusing on expanding its renewable energy, property, and education businesses. “Our investment roadmap is more than...
The Board of Investments (BOI) has approved the registration of the country’s most advanced cancer treatment technology yet, poised to harness artificial intelligence (AI) to offer more precise and non-invasive care for Filipino patients. In a statement on Monday, Aug. 11, the BOI said it has...
The Aboitiz and Yuchengco groups have secured their respective boards’ approval for a planned joint venture to significantly expand the TARI Estate in Tarlac by 184 hectares to 384 hectares. The joint venture agreement is between LIMA Land, Inc., a wholly owned subsidiary of Aboitiz InfraCapital...
