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Globe Telecom expands network in Cebu

Globe Telecom Inc. has announced the construction of over 30 new cell sites in Cebu throughout 2024, strengthening its network infrastructure and enhancing connectivity across the province.

Ferdinand Constantino, long-time San Miguel CFO, shifts to advisory role

San Miguel Corp., one of the Philippines' largest and most diversified conglomerates, said on Thursday that Ferdinand K. Constantino, its long-serving Chief Financial Officer (CFO) and Treasurer, will step down from his current roles, effective February 1, 2024.

Meralco renews power pact with ABS-CBN’s MPower

Manila Electric Co. (Meralco) has renewed its retail electricity supply agreement with ABS-CBN Corporation through its energy subsidiary, MPower.

DMCI Power to expand off-grid capacity by 43 MW this year

DMCI Power Corp. (DPC) is set to significantly boost its off-grid energy capacity this year, adding 43 megawatts (MW) across multiple projects, a move that strengthens its presence in the Philippine energy market.

PH, UAE strengthen clean energy ties with $15B investment deal

The Philippines’ Department of Energy (DOE) has signed an agreement with UAE-based renewable energy firm Masdar to develop up to 1,000 MW of renewable energy (RE) capacity across the country.

Just in

Nearly 1M ‘vulnerable’ Filipinos buy P20 rice in September

Nearly 1 million Filipinos benefited from the Marcos administration’s Benteng Bigas, Meron Na! program in September, the highest monthly turnout since the affordable rice initiative was launched in May last year, as the government seeks to ease food costs for households struggling to make ends meet.

Business mood stays down in September, but firms see brighter quarters ahead

Business sentiment stayed pessimistic in September 2026, according to the latest Business Expectations Survey released by the Bangko Sentral ng Pilipinas, although confidence readings for the near‑term and year‑ahead outlook remained positive. The current‑month confidence index improved slightly to ‑8.4 percent from ‑10.9 percent in August, still signaling more firms were downbeat about present conditions.

EastWest posts ₱5‑billion nine‑month net income amid tougher macro backdrop

East West Banking Corporation (EastWest) turned in a ₱5.0‑billion net income for the first nine months of 2026, delivering solid profitability even as broader economic conditions grew more challenging, a performance that signals resilient core operations for investors and market watchers.

Medical center teams up with Singapore partners to boost geriatric care in Southern Luzon

The Mary Mediatrix Medical Center (MMMC) has forged a partnership with Inspire Healthcare Singapore and the Singapore Nurses Association (SNA) to advance its Geriatric Unit, as the hospital moves to address the rising healthcare demand from older adults across Southern Luzon.
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