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EvoEnergi to supply power to 224 McDonald’s PH stores

Local electricity supplier EvoEnergi has been chosen to provide 22 megawatts of power to 224 McDonald’s stores in Luzon, the companies announced Wednesday.

Fuel prices seen to rise after UAE exit from OPEC

Fuel prices in the Philippines may increase next week following the United Arab Emirates’ exit from Organization of the Petroleum Exporting Countries, according to a local fuel retailer.

SMC Tollways profit rises in 2025 on higher traffic

SMC Tollways Corp. reported a 7.69 percent increase in net income to P705.2 million in 2025, driven by higher toll revenues as more vehicles used its expressways.

Robinsons Land wind Singapore nod, boosting confidence 

Robinsons Land Corp., the property arm of the Gokongwei Group, has secured a key regulatory milestone in Singapore, becoming the first Philippine developer to complete due diligence requirements set by the Council for Estate Agencies (CEA). 

Lopez Inc majority flags pension fund risk in First Gen deal

The controlling shareholders of Lopez Inc. on Wednesday escalated their criticism of controversial “poison pill” provisions tied to transactions between First Gen Corp. and Prime Infrastructure Capital Inc., warning that major institutional investors, including state pension funds, could face significant losses if the clauses are triggered.

Just in

Visa, BPI launch real-time global money transfer service

Global payments company Visa Inc. has partnered with Bank of the Philippine Islands (BPI) to introduce Visa Direct in the Philippines, a service that allows customers to send money abroad in real time.

ADB cuts Asia growth forecast, sees higher inflation amid Middle East crisis

The Asian Development Bank (ADB) on Wednesday lowered its economic growth outlook for developing Asia and the Pacific, warning that ongoing conflict in the Middle East is causing deeper and longer-lasting disruptions than expected.

Globe upgrades loan services for prepaid users

Telecom company Globe Telecom has improved its load and promo loan services for Globe Prepaid and TM users, making it easier for Filipinos to stay connected even without mobile balance.

SM Investments says retail business to help drive growth amid challenges

SM Investments Corp. (SMIC) said its retail segment is expected to help sustain the company as it navigates a challenging economic environment.
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