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Security Bank SB peso bond and SB Philippine Equity Index win Best Funds Awards

The Charter Financial Analyst (CFA) Society Philippines awarded Security Bank Corp. with two trophies at the 9th Annual Best Managed Fund of the Year...

Meralco, JCCIPI team up to advance PH energy industry

Manuel V. Pangilinan-led Manila Electric Co. (Meralco) has collaborated with the Japanese Chamber of Commerce & Industry of the Philippines, Inc. (JCCIPI) to promote sustainable, innovative and energy efficient solutions in the Philippine energy industry.

Megaworld eyes 3 million square meters of leasable office, mall spaces by 2030

Megaworld eyes 3 million square meters of leasable office, mall spaces by 2030

RCBC 1Q net down to half on absence of substantial asset sale gain

Rizal Commercial Banking Corp., the lender owned by the Yuchengco Group and the 6th largest in the country by assets, said Monday net income dropped to P2.20 billion in the first-quarter from P3.64 billion in the year-earlier period, when the bank booked P3.35 billion in asset sales.

ACEN unit in deal to acquire 165.6MW Texas wind farm

ACEN Corp., the renewable energy arm of the Ayala Group, said Monday its subsidiary ACEN International Inc. will acquire and invest in Hackberry Wind Project, a 165.6-megaWatt wind farm in Texas, USA.

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DTI pushes VinFast to build Philippine EV plant

The Department of Trade and Industry (DTI) is urging Vietnamese automaker VinFast to consider establishing manufacturing operations in the Philippines, as the government accelerates plans for a comprehensive electric vehicle (EV) incentive program.

Cebu snack maker signs power supply deal with COREnergy for 750 kW

Cebu-based snack manufacturer Prifood Corp has partnered with COREnergy, the retail electricity arm of Vivant Energy, to supply power to its manufacturing operations in the Philippines.

Prime Energy sees Malampaya Phase 4 delivering gas later this year

Prime Energy, the gas exploration arm of Prime Infrastructure Capital Inc., says it is confident it will deliver the  first gas from the Malampaya Phase 4 (MP4) project by the fourth quarter of 2026, staying on schedule based on current progress.

Marcos government eyes income upgrade, poverty decline soon

The administration of President Ferdinand R. Marcos Jr. says the Philippines remains on track to achieve upper middle-income status and further cut poverty rates within the President’s term, even as global uncertainties weigh on growth prospects.
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