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QC court orders Megaworld to post bond

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.

Figaro reaches 200th store on its 30th year

Figaro Coffee Group Inc. has opened its 200th store just as the lifestyle dining company observed its 30th anniversary.

MPT South budgets P2 billion to complete tollway projects

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. 

Warner Bros. in pioneering domestic film distribution pact

Warner Bros. has entered into an exclusive partnership with a local film company as part of its goal to reinvigorate the Philippine movie industry. 

Meralco refutes unfounded claims on its power rates   

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. 

Just in

Meralco strengthens earthquake readiness via full-scale drills

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.

Philippines export streak hits 35-year high momentum

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.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

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.

Blu Girls’ Asian Games medal wait continues

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.
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