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Meralco lines up massive spending for future projects

Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.

Pag-IBIG windfall powers homes, dividends

State-run housing lender Pag-IBIG Fund booked a near 50 percent jump in investment income in 2025, fortifying its balance sheet and sharpening its capacity to bankroll affordable homes.

Maya weighs dual PH, US listing to raise growth funds

Financial technology firm Maya is considering listing its shares in both the Philippines and the United States as it looks to raise fresh capital to support expansion.

DOE chief backs private sector lead in 2026 coal bid round

Department of Energy (DOE) Secretary Sharon Garin said she prefers private firms to take the lead in the government’s upcoming coal resource bidding, stressing that state-run companies should not compete with the private sector unless necessary.

Meralco posts record P50.57B profit on strong generation growth

The Manila Electric Co. (Meralco) reported a record net income of P50.57 billion in 2025, up 9 percent from P46.47 billion in 2024, driven by stronger contributions from its power distribution and generation businesses.

Just in

AI powers Globe’s push to connect every Filipino, CEO says

Carl Cruz, president and CEO of Globe Telecom, highlighted how artificial intelligence (AI) is transforming the company and expanding digital access in the Philippines during the Mobile World Congress 2026.

SM Prime expands Mindanao retail footprint

SM Prime Holdings Inc., the property development arm of the Sy Group, is continuing its expansion in Mindanao, opening SM City Zamboanga on March 20 as its 90th mall nationwide and eighth in the country’s southern region.

PEZA woos Polish firms for maritime investments

The Philippine Economic Zone Authority (PEZA) is ramping up its European investment drive, courting Polish firms eyeing opportunities in maritime and industrial sectors within its economic zones.

Metro Manila cruise terminal plan gains momentum

The Philippine government and private sector are accelerating a joint push to position the country as a serious cruise tourism player, with plans for a dedicated cruise terminal in Metro Manila taking center stage.
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