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MREIT targets million-square-meter portfolio ahead of schedule  

Megaworld-backed MREIT is accelerating its expansion plans, with the company aiming to grow its gross leasable area (GLA) portfolio to at least one million square meters by 2027 — three years ahead of its original target.

DHSUD deploys officials to clear housing backlogs

The Department of Human Settlements and Urban Development (DHSUD) has launched a nationwide intervention to address mounting delays in housing-related transactions, deploying top officials and undersecretaries to all 17 regional offices following an internal audit that traced processing bottlenecks to the field level rather than the agency’s Central Office.

PLDT moves to fully acquire Radius Telecom for P2.94B

PLDT Inc. is set to take full control of Radius Telecoms Inc. after its board approved the acquisition of the remaining 65.1 percent stake in the broadband infrastructure provider from Paragon Vertical Corp. for P2.94 billion.

Security Bank profit rises amid higher provisions

Security Bank Corp. posted stronger first-quarter earnings as higher revenues and tighter cost controls boosted core profitability, even as the lender increased provisions to cushion against evolving market risks.

PLDT profit up in Q1 as data fuels growth

PLDT Inc. posted a modest earnings increase in the first quarter of 2026 and signaled disciplined spending for the year, as strong demand for data, broadband, and enterprise digital services offset lingering weakness in legacy businesses.

Just in

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.

Vivant Q1 profit holds firm amid expansion push

Vivant Corp. kept first-quarter core earnings largely steady as resilient on-grid power assets and a growing water business helped offset weaker performance from its off-grid operations.
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