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MREIT secures SEC nod for  P16.2B expansion

MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.

PhilWeb, Okada launch premium gaming platform

PhilWeb Corp., a listed electronic gaming company, has sealed a strategic partnership with Tiger Resort, Leisure and Entertainment, Inc. to roll out a new online gaming platform branded OKADA PLAY, marking a significant push into the country’s fast-growing digital gaming market.

BE Cadiz solar project enters active buildout stage

Basic Energy Cadiz 1 Corporation (BECC), a wholly owned unit of Basic Energy Corp., has locked in a critical step for its 43-megaWatt-alternating current ground-mounted solar project in Cadiz City, formalizing key engineering, procurement, and construction (EPC) agreements that push the development into active buildout.

DM Wenceslao raises dividend to record high

D.M. Wenceslao & Associates Inc. (DMW) has approved a regular cash dividend of P0.10 per share, marking its highest payout to date and delivering more than 5 percent growth year-on-year as the listed property developer underscores financial resilience and shareholder returns.

Federal Reserve holds rates as risks persist

The Federal Reserve held its benchmark rate at 3.5 percent to 3.75 percent and its chairman, Jerome Powell, said monetary policy is steady for...

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Shorter crops, stronger roots: salt-tough rice, wheat

New research published in Molecular Plant, a partner journal of Cell Press, suggests that Green Revolution varieties aren’t just high-yielding, they are also better equipped to handle salty soils. That is a big deal, considering roughly 20 percent of the world’s cultivated land is affected by salinity, a creeping problem that stunts growth and cuts yields.

CCPI to host fully booked ECOMP-P5 conference with top national leaders

The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.

Metrobank wins top honors again at PDS Awards

The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.

Cebu Airport recognized for regional service excellence

Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.
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