While still waiting for regulatory approval for its fifth wave of asset infusions from sponsor, Andrew Tan-led Megaworld Corp., real estate investment trust (REIT) MREIT Inc. is already eyeing prime assets from Uptown BGC and hotels from Alliance Global Group Inc. (AGI) for Wave 6, which will...
The Energy Regulatory Commission (ERC) is studying tycoon Ramon Ang’s acquisition of a minority stake in Lopez Inc. to evaluate potential breaches of anti-competitive safeguards and statutory ownership limits in the power sector. The regulatory review follows Ang’s buy-in to the holding...
Telecommunications giant PLDT Inc. is setting its sights on Southern Luzon to build its largest data center yet, with an operational capacity of at least 100 megawatts (MW), as it looks to capture growing demand for artificial intelligence (AI). PLDT’s data center arm, VITRO Inc., is exploring...
SM Prime Holdings Inc. is shifting its focus toward expanding recurring revenue streams as persistent macroeconomic headwinds weigh on the property market through next year. John Nai Peng C. Ong, SM Prime chief finance officer, said the Sy-led developer plans to lean more heavily on stable...
Telecommunications giant Globe Telecom Inc. is pushing for a national policy to establish underground conduit infrastructure as the standard for network expansion in the country, effectively phasing out traditional overhead lines prone to cable theft and accidental cuts. In a statement, Globe said...
Gaisano-led Metro Retail Stores Group Inc. (MRSGI) reported a 45-percent year-on-year increase in net income to ₱212.2 million for the first half of 2026, while second-quarter earnings for the year rose by 40.3 percent. In a disclosure to the Philippine Stock Exchange (PSE) last week, MRSGI said...
If you are looking for your first vehicle, or perhaps a vehicle to use for your business, you might want to consider visiting your bank. Banks, like CBS, are often overlooked as an option when it comes to car purchases. But at each bank, there are great deals to be had. All you need to do is ask....
So, it has finally happened. After months of speculation, the Viva HotBabes are officially getting back together. And in grand fashion too. VAA Live Inc. announced “BULAKLAK: Viva HotBabes Reunion Concert” on Friday, August 14, via a poster reveal on social media. The poster features Maui...
In a world where personal style increasingly comes down to the details, the latest limited edition from IQOS takes its cue from one of the most universal forms of self-expression: music. The IQOS Iluma i Remix Limited Edition introduces an iridescent treatment with fluid, rhythmic color...
Alsons Consolidated Resources Inc., the power generation arm of the Alcantara Group, posted a 31 percent increase in net income for the first half of the year, driven by elevated electricity demand, an extended dry season, and expanded retail sales. In a disclosure to the Philippine Stock Exchange...
Cosco Capital Inc., the listed retail holding firm of tycoon Lucio L. Co, reported a 9.2-percent growth in consolidated net income to ₱8.3 billion for the first half of 2026 from the ₱7.6 billion earned in the same period last year on the back of recovering consumer demand. “The group...
Engineering conglomerate Megawide Construction Corp. reported that its real estate business propelled a 22-percent growth in consolidated net income to ₱532 million in the first six months of 2026, equivalent to 80 percent of its full-year 2025 earnings. “Our performance in the first six months...
