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MGen expands coal-fired plans despite moratorium

Manila Electric Co.'s (Meralco) power generation arm, Meralco Power Gen Corp. (MGen), is actively pursuing the development of new coal-fired power plants, despite a government-imposed moratorium on new coal projects.

SLEX expansion to open as 6-lane configuration by Christmas

San Miguel Corp. (SMC) on Wednesday said the new 6-lane configuration of the South Luzon Expressway (SLEX) from Susana Heights, Muntinlupa, to Calamba, Laguna, will open in December, just in time for the holiday rush.

Emerging East Asia financial conditions show mixed trends amid global uncertainty – ADB

Financial conditions in Emerging East Asia weakened slightly between September and October this year, reflecting a shift in sentiment as global uncertainties mounted, according to the Asian Development Bank.

Experts project cybersecurity budgets rising 9% amid growing threats

As cyber threats continue to evolve, businesses across the globe are ramping up investments in IT security.

Thai cement firm expanding in PH

Thai-based SHERA is expanding its footprint in the construction sector by introducing a range of advanced fiber cement products, including the innovative SHERA Board Pro.

Just in

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.

DHSUD deploys officials to clear housing backlogs

The Department of Human Settlements and Urban Development (DHSUD) has launched a nationwide intervention to address mounting delays in housing-related transactions, deploying top officials and undersecretaries to all 17 regional offices following an internal audit that traced processing bottlenecks to the field level rather than the agency’s Central Office.

PLDT moves to fully acquire Radius Telecom for P2.94B

PLDT Inc. is set to take full control of Radius Telecoms Inc. after its board approved the acquisition of the remaining 65.1 percent stake in the broadband infrastructure provider from Paragon Vertical Corp. for P2.94 billion.
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