Meralco PowerGen Corp. (MGen), the generation arm of Manila Electric Co., is finding ways to utilize the power capacity from its planned 1,200-megawatt (MW) coal plant in Quezon province after navigating regulatory and policy hurdles this year. MGen President and Chief Executive Officer Emmanuel...
Globe and the Bank of the Philippine Islands (BPI) have taken a significant step toward more secure and seamless digital banking with a Proof of Concept (POC) for Silent Network Authentication (SNA). This next-generation verification method aims to reduce scams associated with One-Time Passwords...
Unicapital Inc., one of the Philippines’ leading independent investment houses, has appointed Karen Singson, a former finance undersecretary as its new managing director. Singson, a Chartered Financial Analyst (CFA) and Harvard Business School graduate, brings more than two decades of experience...
The Brazilian business unit of Razon-led International Container Terminal Services Inc. (ICTSI), CLIA Pouso Alegre, has completed the expansion of its logistics and industrial center. ICTSI said the expansion strengthens the connection between Port of Rio de Janeiro and Southern Minas Gerais, a...
Gotianun-led Filinvest Land Inc. (FLI) reported that it has reinvested ₱1.86 billion raised from the share buyback and exchange for Filinvest REIT Corp. (FILRT) shares executed on Dec. 11, 2024. In a disclosure to the Philippine Stock Exchange (PSE), FLI said the transaction involved the...
Nagoya, Japan – If Japan’s energy giant JERA Co. Inc. wants to make one truth unmistakably clear, it’s that the energy transition isn’t some one-size-fits-all crusade. Other than the spotlight-grabbing renewables, the hard reality is that repurposing existing coal fleets through ammonia...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, will maintain its ₱100 billion capital expenditure (capex) budget for next year as it continues an aggressive expansion in the Philippines. “We will probably maintain the capex that we had this year, which...
Investors in the local stock market hope that share prices will sustain last week’s gains as the government is set to announce the November inflation rate this week, which could support a rate cut by the Bangko Sentral ng Pilipinas (BSP). “Whilst hard fought, positive sentiment still took over...
Armed with the simple, guiding principle: “Whatever decision we make, we should be able to eat and sleep well,” Hans T. Sy found the moral certainty to endure public fury over a construction project. For decades, the SM Group, founded by his late father, retail tycoon Henry Sy Sr., has been...
The local automotive industry is optimistic that vehicle sales this year would hit the lofty target of 500,000 units, which would be an all-time high, even as over 100,000 units are still left unsold with just two months left. Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI)...
The Philippine National Police (PNP) said Friday, Nov. 28, that it has expanded its push for a technology-skilled and future-ready force through a newly signed educational partnership with Informatics Philippines and PNP Foundation, Inc. (PNPFI). Police Lt. Gen. Jose Melencio Nartatez Jr., acting...
Prime Minister Sanae Takaichi’s historic victory marks more than just a milestone in Japan’s domestic politics—it signals a forward-looking nation ready to deepen alliances across Asia. Her leadership sets the tone for innovation-driven partnerships and ventures like Federal Land NRE Global,...
