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MREIT eyes retail expansion with new asset infusion

Megaworld Corp.'s real estate investment trust (REIT), MREIT Inc., is poised to diversify its portfolio by incorporating retail spaces into its assets starting next year.

Alternergy secures P1.5B initial drawdown for Tanay Wind Project

Renewable energy firm Alternergy Holdings Corp. has successfully secured the first tranche of funding for its 128-megawatt Tanay wind power project.

Jollibee to strengthen Chinese cuisine offering with Tim Ho Wan acquisition

Jollibee Foods Corp. on Wednesday said the integration of Tim Ho Wan into its portfolio will significantly enhance its financial performance, particularly in the Chinese cuisine segment.

Smart teams up with Hatchiko to empower load resellers with digital platform

Smart Communications, Inc. (Smart) has partnered with digital and retail distribution company Hatchiko Corp. to launch a cutting-edge digital platform designed to enhance the capabilities of Smart load resellers across the Philippines.

BDO to complete merger with Podium on December 1

BDO Unibank Inc., the country’s largest lender by assets and controlled by the SM Group, said Wednesday its merger with The Podium Complex Inc., valued at P7.08 billion, will take effect on 1 December.

Just in

Gun fire shots heard at Senate

Live broadcasts within the Senate building showed commotion within the second floor, with gun shots heard and uniformed personnel armed with long fire arms and clad in bulletproof vests trying to secure the area. It remains unclear what happened, with security personnel refusing to reply to media queries.

PH signs fisheries cooperation deals with PNG, Marshall Islands

The Department of Agriculture (Philippines) and Bureau of Fisheries and Aquatic Resources have signed new agreements with Papua New Guinea and the Marshall Islands to strengthen cooperation in the fisheries sector.

PH lifts ban on poultry imports from California

The Department of Agriculture (DA) has lifted the ban on poultry and poultry products from California in the United States.

Canada joins Luzon Economic Corridor partnership  

The Philippines showcased significant progress in legal and regulatory reforms during the Luzon Economic Corridor (LEC) Steering Committee meeting on May 12, highlighting efforts to create a transparent, competitive, and investment-friendly business environment.
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