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Globe installs new towers in Cebu’s prime travel destinations

Globe is enhancing connectivity across Cebu’s travel hotspots acclaimed for their natural beauty, cultural heritage, and adventure tourism. This enriches the experience of both locals and visitors while supporting the growth of the province’s local industries. 

URC exits China market to redeploy resources to higher-growth markets

Universal Robina Corp., the food manufacturing arm of the Gokongwei Group, said Friday it has decided to exit the Chinese market, stopping its manufacturing and sale of its cereals and snacks brands in China. Full closure is expected by 2025.URC said the move is part of its broader strategy to redeploy resources to higher-growth markets across the region.

Meralco halfway through power line relocation in conflict with new rail line installations

The Department of Transportation (DOTr) has widened its collaboration with Meralco to speed up the relocation of power facilities affected by the pursuit of various rail projects.

Carlyle Group unit expands PH operations

Hexaware Technologies, an IT services and solutions provider owned by the Carlyle Group, has expanded its operations in the Philippines with the opening of a new delivery center in Manila.

DigiCo acquires Multipay from Multisys for P250 million

DigiCo, formerly known as Limitless Growth Ventures Inc., has acquired Multipay from Multisys Technologies Corp. for P250 million. 

Just in

PITX sees 1.89 million passengers for Undas travel period

The Parañaque Integrated Terminal Exchange (PITX) forecasts around 1.89 million passengers passing through its facilities from October 25 to November 4 this year, as Filipinos travel home for All Saints’ Day and All Souls’ Day.

SEC rolls out new market making rules to boost liquidity, align with global standards

The Securities and Exchange Commission (SEC) has released the regulatory framework governing market making activities, bringing Philippine market practices in line with international standards to improve liquidity, strengthen price formation, and support capital raising in the country’s financial markets.

Hydropower developers call for stronger government support, clear roadmap to unlock sector potential

Amid the ongoing El Niño dry spell, local hydropower developers are urging the government to step up assistance and put in place clearer policies to speed up project rollout across the country.

Analysts see sustained long-term growth for Mynt ahead of stock market debut

FINANCIAL ANALYSTS EXPECT Mynt Inc., the parent company of dominant e-wallet operator GCash, to maintain a steady upward trajectory following its upcoming debut on the Philippine Stock Exchange, though its performance may resemble the measured pace of a mature corporate giant rather than a high-speed startup.
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