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Meralco unit pushes 1,200-MW coal project in Quezon

Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), is moving forward with its 1,200-megawatt coal-fired power plant project in Atimonan, Quezon Province, assuring local officials of its economic, employment, and energy security benefits.

PhilMech, Korean partners plan agri equipment hub via ODA loan

The Philippine Center for Postharvest Development and Mechanization (PhilMech) is collaborating with South Korean entities to establish a local agricultural equipment manufacturing facility, in a move consistent with helping boost the country’s mechanization efforts.

Hann signals cautious entry into online gaming space

Integrated resort developer Hann Holdings Inc. signaled readiness to enter the Philippine online gaming market, but emphasized that full deployment will follow only after regulatory and ethical concerns are addressed.

FLI holds steady as leasing gains offset Q2 dip

Filinvest Land Inc. (FLI) reported a flat net income of ₱2.12 billion in the first half of 2025, inching up marginally from ₱2.11 billion in the same period last year, as weaker second-quarter earnings offset gains from its core leasing business.

GSIS defends investment soundness amid review of stake in gaming firm

The Government Service Insurance System (GSIS) on Wednesday affirmed the actuarial soundness and financial strength of its investment portfolio, including its recent stake in DigiPlus Interactive Corp., amid public scrutiny over the state-owned firm’s investment choices.

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DENR set public scoping for P13.5-B Magat pumped-storage hydro project in Isabela and Ifugao

The Department of Environment and Natural Resources (DENR), through the Environmental Management Bureau (EMB), has scheduled a public scoping activity for the proposed 97-megawatt (MW) Magat pumped-storage hydro (PSH) project worth P13.5 billion in the provinces of Isabela and Ifugao.

Fuel prices seen rising this week as global oil costs climb

Motorists need to prepare for another round of fuel price increases this week, with both gasoline and diesel expected to become more expensive due to rising global oil prices and renewed tensions in the Middle East.

Jollibee sees steady growth despite price hikes and rising costs

Jollibee Foods Corporation expects both same-store sales and system-wide sales to grow by a single-digit rate this year, even after implementing price increases across its stores, company executives said.

ManageEngine upgrades Log360 with AI-driven security automation

ManageEngine, the enterprise IT management division of Zoho Corporation, has announced a major upgrade to its Log360 security platform, adding built-in security orchestration, automation, and response (SOAR) capabilities aimed at helping companies respond faster to cyber threats.
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