Globe Telecom Inc. announced that it is expanding its network to more remote areas in the country by building 100 cell sites this year. In a statement, Globe Chief Commercial Officer Darius Delgado said expanding network infrastructure to geographically isolated and disadvantaged...
SM MOA Square Solar Rooftop PV System SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, plans to add 20 rooftop solar photovoltaic (PV) projects this year after expanding its solar energy by 49 percent in 2024. In a disclosure to the Philippine Stock...
IN THE PHOTO L-R: Shiela Marie B. San Buenaventura, RBG Chief Finance Officer, Ayala Land, Inc. (ALI); Rufino Hermann S. Gutierrez, Senior Marketing Director, AyalaLand International Sales, Inc. (ALISI); Augusto D. Bengzon, Chief Finance Officer & Treasurer, ALI; Mariana Flores, Caculitan,...
Manuel V. Pangilinan-led First Pacific Co. Ltd. is directly investing ₱726.29 million in Maynilad Water Services Inc. through its ₱49 billion initial public offering (IPO) to offset a small portion of the dilution in the stake of subsidiary Metro Pacific Investments Corp. (MPIC). In a...
DAVAO CITY – The League of Bangsamoro Organizations Inc. (LBO) appealed to President Ferdinand R. Marcos Jr. to uphold unity amid the questions raised on the recent leadership change in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). MILF Chairman Ahod Ebrahim with BIAF...
SM Investments Corp. (SMIC), the flagship of the Sy-led SM Group, is optimistic about the Philippines’ growth momentum, reaffirming its commitment to the economy’s future. In recent interviews on CNBC and Bloomberg, SM Executive Vice President for Treasury, Finance, and Planning Erwin G. Pato...
MGen Renewable Energy Inc. (MGreen), through its subsidiary unit SP New Energy Corp. (SPNEC), announced that Singapore-based Actis Rubyred Pte. Ltd. has closed its investment stake in Terra Solar Philippines Inc. In a statement on Monday, March 17, Meralco PowerGen Corp. (MGen) reported that...
The year 2024 was a milestone for Jetour Auto, with global sales reaching 550,000 units — an 83.9% increase from the previous year. The company's aggressive global expansion, which began in late 2018, has proven successful. Jetour now operates in 65 countries with a dealership network exceeding...
Maynilad President and CEO Ramoncito Fernandez Maynilad Water Services Inc. has firmed up plans for its initial public offering, targeting to raise up to ₱49.15 billion around the third quarter of this year, as further delays could limit its options. In a disclosure, the firm said its board of...
SP New Energy Corporation (SPNEC), a solar power producer controlled by Manila Electric Company (Meralco) through Meralco Power Gen Corporation (MGen), looking at developing another massive solar farm in Southern Luzon. In an interview, Meralco Chairman Manuel V. Pangilinan said SPNEC is putting up...
HOUSTON – The world is going all-in on tripling nuclear power capacity by 2050, and at the forefront of this grand race are Silicon Valley’s hyperscalers and global corporate behemoths that have been wagering heavily on uranium-powered fleets to supercharge artificial intelligence (AI)...
Globe Telecom Inc. has sealed term loan facilities amounting to ₱20 billion to address its budget needs and boost capital spending this year. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said it borrowed ₱10 billion each from Sy-led BDO Unibank...
