SEC to expand definition of REIT-eligible assets
The Securities and Exchange Commission (SEC) will broaden the definition of income-generating assets eligible for Real Estate Investment Trust (REIT) classification to encourage more property listings.
St. Luke’s Medical Center to open ASEANA Hospital in 2031
St. Luke’s Medical Center Inc. has postponed the opening of its third hospital in ASEANA, Paranaque, to 2031—two years later than the originally planned 2029 target.
China Bank Savings sponsors P11M for National Teachers Month celebration
China Bank Savings (CBS), the retail arm of China Bank Savings Corp., is providing a P11 million sponsorship for the National Teachers Month and National Teachers’ Day 2025 celebration held on October 6.
NPC plans accelerated transition to renewable energy for diesel plants
Newly appointed National Power Corp. (NPC) president Jericho Nograles is committed to advancing the hybridization of its diesel-fired power plants with renewable energy (RE).
Meat imports up 16.5% over eight months
The country's meat imports rose by 16.5 percent in the first eight months, reaching 1.06 billion kilograms compared to 907.78 million kg in the same period last year, according to data from the Bureau of Animal Industry (BAI).
