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Megawide, MGI partner for Cavite BRT System

Megawide Construction Corp. and Maplecrest Group, Inc. (MGI), through their joint venture Cavite Rapid Transport, Inc. (CRTI), officially signed the contract for the Cavite Bus Rapid Transit (CBRT) System Project on27  January, a significant milestone in public transport infrastructure in the region. 

ACEN lends P30M to Pagudpud Wind

ACEN Corp., the renewable energy arm of the Ayala Group, announced on Friday that it has entered into a short-term loan agreement with its subsidiary, Pagudpud Wind Power Corp., for P30 million.

Rice prices continue easing; other commodities see price rise

The Philippine Statistics Authority (PSA) recorded mixed movements in the prices of agricultural commodities in mid-January, with potential implications for inflation. January inflation data are due 5 February.

Meralco prepares for 2025 election power needs

Manila Electric Co., the country’s largest power distributor led by business tycoon Manuel V. Pangilinan, has taken proactive steps to ensure reliable electricity during the May 12, 2025 midterm elections.

Ayala declares P208.4M dividend payout

In line with ASEAN Corporate Governance standards, Ayala Corporation has announced the declaration of its first-quarter 2025 cash dividend on Preferred "A" Shares (ACPAR).

Just in

Gov’t greenlights $1-M aid to restructure LRT 1 PPP deal

The national government has approved $1‑million in assistance to cover advisory work for planned changes to the concession deal governing operations and maintenance of the LRT‑1 Extension project, a move officials say aims to put the light rail line on firmer financial footing for hundreds of thousands of daily commuters.

MARINA suspends safety certificates after separate Cagayan, Bohol sea incidents 

The Maritime Industry Authority (MARINA) has ordered the immediate suspension of safety certificates for two vessels following separate maritime incidents off Cagayan and Bohol last 31 October 2026, a move signalling tighter sea‑safety checks for passengers and sea travellers nationwide.

SEC urges manufacturers to tap capital markets for expansion

For Philippine manufacturers, the next factory may require more than retained earnings and a friendly bank. The Securities and Exchange Commission (SEC) is urging them to look beyond traditional financing and prepare to tap the capital markets as they scale up.

Japanese utility eyes solar projects for 10 PEZA locators

A Japanese power utility is sizing up a new Philippine market, and it is starting with something factories cannot do without: electricity.
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