The Quezon City Regional Trial Court has ordered property developer Megaworld Corp. to set aside P873.32 million as counter bond to cover potential obligation claimed by construction firm Datem Inc.
MPT South has set aside P11.95 billion in capital expenditures (capex) over the next two years to help complete ongoing expressway projects in the south of Manila.
The Manila Electric Company (Meralco) strongly denies the baseless claims made by Santa Rosa City Rep. Dan Fernandez that the distribution utility overcharged its customers starting 2012.
When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.
The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.
Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.
The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.