PLDT weighs REIT plan, eyes idle asset sale
PLDT Inc. said it is studying fresh monetization options for its data center portfolio and idle assets, as the telecom giant moves to manage debt levels and unlock value from non-core properties.
DoubleDragon earnings inch up as revenues surge
Listed property developer DoubleDragon Corp. posted a modest rise in earnings for the first nine months of 2025 even as revenues surged, driven by the continued expansion of its recurring-income portfolio and the global rollout of its Hotel101 brand.
OF remittances rise to US$3.1B in September
Cash remittances from overseas Filipinos continued to help power the economy as inflows rose to US$3.12 billion in September 2025, up 3.7 percent from US$3.01 billion in the same month last year, according to the Bangko Sentral ng Pilipinas (BSP).
Megaworld begins phasing in e-bus in deal with Meralco’s Movem
Movem Electric, Inc., the electric mobility subsidiary of Manuel V. Pangilinan-led Manila Electric Company (Meralco), has partnered with Megaworld to electrify the property developer’s Citylink bus fleet across several of its townships.
Del Monte profit surges on strong demand
Del Monte Pacific Limited (DMPL) reported a sharp surge in profit for the second quarter of fiscal year 2026, which began in April, buoyed by strong global demand for fresh pineapple, improved pricing, and major gains in operational efficiency—all while the company advances strategic initiatives to strengthen its capital base and support future expansion.
