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Megawide to settle Citicore advances

Megawide Construction Corp. has signed an agreement to settle its receivables from Citicore Power Inc. (CPI) through a share transfer deal involving Citicore Renewable Energy Corporation (CREC).

NSCR draws bids from 28 Japanese giants 

A total of 28 Japanese companies, including industry giants Mitsubishi Corp., Hitachi Ltd., Tokyo Metro, Sumitomo Corp., and Alstom Japan, have expressed interest in bidding for the Operations and Maintenance (O&M) contract of the North-South Commuter Railway (NSCR) System, according to the Department of Transportation (DOTr).

SM Investments lauded for sustainability in TIME, Statista list

SM Investments Corp., the flagship holding company of the SM Group, has again been named to TIME and Statista’s “World’s Best Companies 2025”list, recognized for its strong performance in sustainability, financial growth, and employee satisfaction.

Eala sizzles in Brazil, barges into QF of SP Open

Alex Eala continued her winning streak in style on Thursday (Manila time), storming into the quarterfinals of the WTA 250 SP Open with a commanding 6-1, 6-4 win over Argentina’s Julia Riera—her second straight-sets victory in Brazil.

Oracle soars on AI, multi-Cloud boom

Oracle Corp., the internationally-recognized information technology company, delivered strong fiscal first-quarter results and a bullish outlook, driven by accelerating demand for its multi-cloud infrastructure amid a global artificial intelligence (AI) boom.

Just in

URC eyes modest growth amid global risks

Universal Robina Corporation is aiming for mid-single-digit revenue growth this year despite concerns over global uncertainties, including tensions in the Middle East.

CLI 1Q profit drops 22%

Cebu Landmasters Inc. reported a 22 percent drop in net income in the first quarter, falling to P1.02 billion from P1.32 billion a year earlier.

F&B investors still eye PH expansion despite political, global risks

Foreign food and beverage (F&B) investors remain interested in expanding operations in the Philippines despite political uncertainties and global supply concerns, according to Food Industry Asia (FIA).

Luzon, Visayas grids stay under red and yellow alerts for second day

The Luzon and Visayas power grids remained under red and yellow alerts on Thursday as electricity demand continued to exceed available supply due to power plant outages and extreme heat-driven consumption.
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