PH, Ukraine boost ties amid global tensions
The Philippines and Ukraine committed to strengthening their strategic partnership in response to rising global security threats, including Russia’s ongoing war in Ukraine and China’s aggressive actions in the West Philippine Sea.
MREIT eyes retail expansion, portfolio doubling
MREIT, Inc., the real estate investment trust (REIT) arm of property giant Megaworld Corp., is gearing up to double its gross leasable area (GLA) to 1 million square meters by 2027—this time by integrating retail and mall assets into its predominantly office-based portfolio.
Pure Energy Group acquires 71.68% of Coal Asia for P220.9M
Coal Asia Holdings Corp., a publicly listed mining firm, announced that majority shareholders have agreed to sell a controlling 71.68% stake to a consortium composed of Pure Energy Holdings Corp., Pure Water Corp., and Quadwater Corp. in a deal valued at P220.9 million.
BDO names Rene Morta to senior IT post
BDO Unibank Inc., the country’s largest lender and a key member of the Sy Group, has appointed veteran banker and IT strategist Rene Morta as senior vice president for IT Initiatives under the office of the bank’s president. The appointment takes effect on October 16.
Globe restores connectivity, offers relief after Typhoon Opong
Globe is continuing its efforts to support communities impacted by Typhoon Opong, focusing on restoring connectivity in South Luzon and the Visayas. The company has deployed its network and relief teams to aid in the recovery, with restoration work progressing across 29 affected provinces—14 in South Luzon and 15 in the Visayas.
