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Arthaland infusing P765.6M to back unit Zileya’s land acquisition

Arthaland Corp., a listed property development group, is infusing P765.5 million of additional capital into its wholly-owned subsidiary, Zileya Land Development Corp.

Jollibee plans 800 new stores, P21B capex in 2025

Jollibee Foods Corp. is cooking up another global growth push, setting aside P18 billion to P21 billion this year to open as many as 800 new stores—an expansion that could grow its footprint by up to 8 percent worldwide.

Clark and Collier Named Captains for 2025 WNBA All-Star Game

Indiana Fever’s Caitlin Clark, the reigning Rookie of the Year and a 2024 All-WNBA First Team honoree, and Minnesota Lynx’s Napheesa Collier, the 2024 Defensive Player of the Year and MVP runner-up, have been named team captains for the 2025 WNBA All-Star Game. The selection comes following the conclusion of fan voting for this year’s event, which will take place on July 20 (Manila) at Gainbridge Fieldhouse in Indianapolis, Clark’s home arena.

Cooler climate tempers Meralco sales growth; commercial, residential demand hold steady

Meralco, the country's largest power distributor, projects marginal growth in power sales for 1H 2025, a slowdown attributed primarily to cooler summer weather conditions that reduced energy consumption, particularly in the residential segment. Despite this, the company maintains a degree of resilience, with slight upticks in retail trade and restaurant-driven demand, signaling continued post-pandemic consumer activity.

PHI cuts power rates, delivers household savings in Visayas

Razon-led Primelectric Holdings Inc. (PHI) is accelerating infrastructure upgrades, system loss reduction initiatives, and smart market strategies across its three power distribution utilities to maintain competitive electricity rates and enhance service quality.

Just in

Megawide posts strong Q1 earnings amid crisis

Megawide Construction Corp. posted a consolidated net income of P265 million in the first three months of 2026, an increase of 26 percent from the year-earlier period amid the onset of the Middle East crisis.

Global Ferronickel profits surge amid nickel tightness

Global Ferronickel Holdings Inc. posted sharply higher first-quarter earnings as stronger nickel ore prices and increased shipment volumes boosted profitability despite rising operating costs.

Paraguay eyes free trade deal with Philippines

Paraguay is seeking closer economic ties with the Philippines, including a potential free trade agreement (FTA), as the South American nation positions itself as a gateway to a regional market of roughly 300 million people, Trade Secretary Cristina Roque said.

Thai firm’s coconut plant spurs jobs, exports

A new large-scale coconut processing facility by Thailand-based Thai World Group is set to bolster the Philippines’ role as a major global supplier of value-added coconut products, while generating employment and investment in Northern Mindanao.
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