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Megawide wins Caticlan Airport terminal contract from San Miguel

Megawide Construction Corp. expects to break ground next month after securing from a unit of San Miguel Corp. the contract to build the new passenger terminal at the Caticlan Airport, the gateway to world famous island of Boracay.

Meralco, KEPCO partner to boost smart metering

Manila Electric Co., the country’s largest power distributor, has tapped Korea Electric Power Corp. to help it promote wider smart meter usage in the Philippines.

Cost of producing a kilo of palay drops in 2023

The average cost of producing palay in the Philippines declined to P13.38 per kilo in 2023, down 11 percent from P14.98 per kilo in...

Globe secures P3B loan from BPI for expansion

Globe Telecom Inc. said it has signed a term loan facility with Bank of the Philippine Islands for P3 billion to finance its capital expenditures, debt refinancing, and general corporate requirements. 

ADB elects Masato Kanda as 11th president

The Asian Development Bank (ADB) has announced the unanimous election of Masato Kanda as its 11th President.

Just in

Globe to launch Starlink satellite-to-phone service in June

Globe Telecom is set to launch a new satellite-to-mobile service with Starlink as early as June, pending government approval. The service will first be available to Android users and will allow mobile phones to connect directly to satellites in areas with no regular cell signal.

Political strains put rule of law in spotlight—FPI

Business groups are raising fresh concerns over investor confidence...

DA: Food imports only a last resort

The Department of Agriculture (DA) assured lawmakers that food importation will only be used during serious supply shortages and is not the government’s main strategy for managing food supply.

MREIT targets million-square-meter portfolio ahead of schedule  

Megaworld-backed MREIT is accelerating its expansion plans, with the company aiming to grow its gross leasable area (GLA) portfolio to at least one million square meters by 2027 — three years ahead of its original target.
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