SSI acquires 99.4% of Rustan Marketing for P232.1M
Stores Specialists, Inc. (SSI), a wholly-owned subsidiary of SSI Group, Inc., has acquired 99.4 percent of Rustan Marketing Corp. (RMK), one of the Philippines' largest wholesale distributors of renowned global brands.
Megawide begins P1.1B Carbon Market Block-2 Project
Megawide Construction Corp. has announced the commencement of its engineering, procurement, and construction (EPC) unit's work on Block-2 of the ongoing Carbon Market redevelopment in Cebu.
LRT-1 fare hike justified as necessary for maintenance and expansion
The Department of Transportation (DOTr) said the fare rate increase for Light Rail Transit Line 1 (LRT-1) set for 2 April is essential for maintaining the operational viability of the rail line and supporting its long-term upgrades, including the recently completed Cavite extension under the Public-Private Partnership (PPP) contract.
New guidelines aim to sooth range anxiety among EV owners
The Department of Energy (DOE) has announced new regulatory initiatives and public consultations aimed at accelerating the adoption of electric vehicles (EVs) across the country.
FDC boosts capex to P24B, eyes 20% growth
Filinvest Development Corp. (FDC), the holding firm of the Gotianun family, has committed P24 billion as capital expenditure (capex) for 2025, marking a 20 percent increase from the P20 billion spent last year.
