Megaworld begins phasing in e-bus in deal with Meralco’s Movem
Movem Electric, Inc., the electric mobility subsidiary of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has partnered with Megaworld to electrify the property developer’s Citylink bus fleet across several of its townships.
Del Monte profit surges on strong demand
Del Monte Pacific Limited (DMPL) reported a sharp surge in profit for the second quarter of fiscal year 2026, which began in April, buoyed by strong global demand for fresh pineapple, improved pricing, and major gains in operational efficiency—all while the company advances strategic initiatives to strengthen its capital base and support future expansion.
Cebu Pacific traffic dips in October on capacity shift
Cebu Pacific, budget carrier brand of listed Cebu Air Inc., the airline unit of the Gokongwei Group, flew 2.1 million passengers in October, down 1 percent from the same month in 2024, as the airline continued to juggle capacity constraints, supply chain issues, and weather disruptions ahead of the peak travel period.
JG Summit profit up despite plant shutdown
JG Summit Holdings Inc., the flagship of the Gokongwei Group, eked out higher earnings in the first nine months despite a plant shutdown that dragged quarterly revenues and weighed on several business units.
Alternergy buys Cebu wind project
Alternergy Holdings Corporation has moved to expand its renewable footprint in the Visayas with the acquisition of the Alegria Cebu Wind Power Project, its first wind venture in the region.
