Shang Properties Inc, the listed property development arm of the Kuok Group, said Thursday it acquired Rapidshare Realty and Development Corp., a wholly-owned subsidiary of San Miguel Properties Inc., for P2.5 billion.
GMA Network Inc., the Philippines' largest broadcast network, said Thursday its board of directors approved the conversion of P18.75 million in advances into equity for its wholly-owned subsidiary, GMA Network Films, Inc.
In response to the disruptive impact of Typhoon Kristine (international name: Trami), the National Telecommunications Commission (NTC) has issued a directive to the country’s telecommunication providers to ensure uninterrupted service during the storm's aftermath.
The Department of Agriculture is ready to replant farms damaged by Tropical Storm Kristine once floods subside, with seeds and other inputs already prepositioned in agricultural areas on the path of the storm.
The Philippines and Japan have started discussions to update their agricultural cooperation agreement ahead of President Ferdinand Marcos Jr.’s upcoming state visit to Japan later this month.
The BE Group of Companies has teamed up with COREnergy, the retail electricity arm of Vivant Energy, to supply and actively manage power use across its Mabuhay Towers in Cebu Business Park and Cebu IT Park—signaling a more strategic approach to energy in two of the country’s fastest-growing commercial hubs.
The Government Service Insurance System (GSIS) has expressed full support for the proposed KALINGA Act of 2026, saying it is ready to help in a coordinated government response to the ongoing energy crisis.
SM Prime Holdings Inc., the property development arm of the Sy Group, is stepping up its push into the premium residential segment with a phased transformation of Susana Heights Village, signaling continued confidence in demand for low-density, high-value suburban estates despite a softer macroeconomic backdrop.