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Harbour Star in shipyard JV with Malaysian firm Kaibuok

Habour Star Shipping Services Inc. said Monday it secured the approval of Securities and Exchange Commission for the incorporation of Kiabuok Star Shipyard Inc., a joint venture with with Malaysia’s Kaibuok Shipyard Sdn. Bhd.

MREIT spent P1.05B of private placement funds over 3 months

MREIT, the listed real estate investment trust of property developer Megaworld Corp., said it spent for various projects a total P1.05 billion over the last three months, with the bulk of the amount going to Northwin Global City, a sprawling mixed-used development in Bulacan.

Series of breaches at government websites worries Malacanang

The Department of Information and Communications Technology (DICT) is investigating the latest hacking incident at the House of Representatives website.

US-Phl air route discussions eyed in 1Q next year

The Philippines eyes holding discussions with US aviation officials in the first quarter next year to further boost the air links between the two countries, a high-ranking official of the Civil Aeronautics Board (CAB) said.

SPNEC preparing to boost free float level to 20%

SP New Energy Corp. is preparing to submit the plan to increase its public ownership to at least 20 percent as compliance to requirements set by the Philippine Stock Exchange. 

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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