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Megaworld raises P500 million from sale of MREIT shares

MREIT Inc. said Friday its sponsor, Megaworld Corp., the property development venture of tycoon Andrew Tan, raised P500 million from the sale of shares equivalent to a 1.5 percent stake of the listed real estate investment trust.

ERC hints of sanctions versus power companies still on forced outage

The Energy Regulatory Commission (ERC) is determining if penalties are warranted of power companies that remain on outage, consequently thinning power reserves in both the Luzon and the Visayas grids for the third day in series.

Malacanang appoints new PAGCOR president, COO

The Philippine Amusement and Gaming Corp. On Thursday welcomed its new president and chief operating officer, lawyer Wilma Eisma, who took her oath of office before Executive Secretary Lucas Bersamin in Malacanang.

GCash claims having nearly 500k GStocks subscribers

G-Xchange Inc., which owns GCash, on Thursday claimed nearly half a million users of its GStocks as it ramped up the reach of its stock investment platform.

Converge completes fast internet installation at NAIA terminals

Converge ICT Solutions Inc. on Thursday said it completed fiber-powering the country’s main gateway, the Ninoy Aquino International Airport (NAIA), as it deploys free public wifi at NAIA Terminals 1 and 2. 

Just in

DOE to hold remaining ASEAN energy meetings online

The Department of Energy (DOE) said all remaining ASEAN energy meetings for 2026 will be held virtually to save costs and use resources more efficiently.

FDC halts new projects as property sector faces pressure

Filinvest Development Corp. (FDC) said its real estate business could be significantly affected by the ongoing economic strain linked to the Middle East conflict and slower growth in the Philippines.

Clark simplifies permits with auto-renewal reform rollout

Clark Development Corp. (CDC) has launched an automatic business permit renewal system for qualified locators, marking a major step in its drive to improve the ease of doing business in the Clark Freeport Zone.

Citicore bags top honors in FinanceAsia Awards 2026

Citicore Renewable Energy Corp. (CREC) strengthened its position as a leading clean energy player after securing multiple accolades at the FinanceAsia Asia’s Best Companies Poll 2026, signaling sustained investor confidence in its growth strategy and execution.
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