Renewable energy firm acquires Visayas hydropower asset
Repower Energy Development Corp. is expanding its hydropower portfolio through the acquisition of a stake in Taft Hydroenergy Corp., owner of the 15.93-megawatt Tubig Hydropower Plant in the Visayas.
DoubleDragon pivots as overseas revenues fuel growth
DoubleDragon Corp. posted record revenues of P27.91 billion in 2025, up 56 percent from P17.86 billion a year earlier, as fresh contributions from its overseas operations began reshaping the company’s earnings profile.
San Miguel targets P30-billion preferred share sale
San Miguel Corp. seeks to raise up to P30 billion through a new preferred share offering as the conglomerate moves to refinance debt and support its ambitious infrastructure expansion program.
US State Secretary backs Luzon Corridor in Marcos call
US Secretary of State Marco Rubio reaffirmed Washington’s support for the Luzon Economic Corridor during a telephone conversation with Ferdinand R. Marcos Jr. on May 31, underscoring the growing economic and strategic partnership between Manila and Washington.
Factory rebound gains steam as demand recovers
Philippine manufacturing returned to growth in May, snapping a brief downturn as stronger domestic demand fueled production and new orders, according to the latest S&P Global Philippines Manufacturing PMI survey.
