Wednesday, 21 January 2026, 6:24 am

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    UPMC swaps stocks for debt in restructuring push

    United Paragon Mining Corp. (UPMC) is moving forward with a major debt-to-equity conversion as part of its financial rehabilitation, following an agreement involving Camarines Minerals Inc. (CMI) and two newly formed investment holding firms.

    PEZA expects IT-BPM to drive jobs surge

    The Philippine Economic Zone Authority (PEZA) is betting big on the information-technology business process management (IT-BPM) sector to fuel the next wave of job creation across the country’s ecozones through 2028.

    Tourism stays afloat amid global crosswinds

    Philippine tourism proved more resilient than raw arrival figures suggest in 2025, cushioning the economy and protecting jobs despite mounting global and domestic pressures.

    Hotel101 brings condotel model to Melbourne

    Hotel101 Global Holdings Corp., an asset-light, prop-tech hospitality platform and a subsidiary of listed DoubleDragon Corp., has signed definitive and binding agreements to develop a 766-room Hotel101 property in the heart of Melbourne’s central business district, marking a major milestone in its global expansion push.

    Salesforce deepens ties with Philippine startups

    Salesforce (NYSE: CRM), the world’s leading AI-powered CRM company, has launched the Salesforce Startup Program in the Philippines, reinforcing its commitment to the country’s fast-expanding startup ecosystem.

    Just in

    Visayas grid on yellow alert

    The Visayas Grid was under a yellow alert from 5 to 7 p.m. Tuesday due to multiple power plants being offline, though no outages are expected. 

    New gas reservoir marks turning point for PH energy

    The Department of Energy (DOE) said Tuesday it is closely monitoring two active drilling sites in Palawan’s Malampaya natural gas field. Initial results from the wells are expected by the end of the quarter.

    ACEN plans over P80 billion capex in 2026 to expand power portfolio

    ACEN Corp. will spend more than ₱80 billion in capital expenditures (capex) in 2026 as it aims to grow its total power generation capacity to over 8,000 megawatts (MW), covering both operational and under-construction projects by year-end.

    CREC advances plans for wind power projects 

    Citicore Renewable Energy Corp. (CREC) is moving forward with two wind power projects in partnership with foreign firm Levanta Renewables.
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