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Maynilad Water Services, Inc. ("Maynilad") on Monday filed with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) its proposed initial public offering (IPO), marking a milestone in the company’s growth strategy.

In a welcome development for motorists, the various fuel retailers have rolled back the cost of petroleum products starting Tuesday. Diesel prices ease by P0.20 per liter while kerosene prices are reduced by P0.40 per liter. However, gasoline prices remain steady.

The Parañaque Integrated Terminal Exchange (PITX), the country's leading intermodal landport, is projected to surpass the 200 million passenger mark by the second quarter of 2025. This milestone underscores the terminal’s dominant position within the transportation infrastructure, with a steady increase in passenger traffic year after year.

Globe Telecom Inc. has announced plans to extend its network coverage to an additional 100 geographically isolated and disadvantaged areas (GIDAs) by 2025, marking a significant step in improving connectivity across underserved regions in the Philippines.

MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC), has successfully concluded a deal with Actis Rubyred (Singapore) Pte. Ltd. for a 40 percent equity stake in Terra Solar Philippines, Inc. (MTerra Solar).