ABS-CBN signs deed of sale of QC property to Ayala Land
ABS-CBN Corp., an entertainment company, said Wednesday that it has signed the absolute deed of sale for a portion of its broadcast facility in...
Sumitomo Mitsui buys stake in RCBC leasing arm
Rizal Commercial Banking Corp. (RCBC), the Philippines’ sixth-largest lender, said that Sumitomo Mitsui Finance and Leasing Co. Ltd. has acquired a 30 percent stake in its leasing subsidiary, Rizal Leasing and Finance Corp. (RLFC).
Hotel101 expands footprint with new projects in Cambodia
Hotel101 Global Holdings Corp., a subsidiary of DoubleDragon Corp., has signed definitive binding agreements to develop two new hotel projects in Cambodia, marking its official entry into the fast-growing Southeast Asian hospitality market.
DOE completes Palawan hydrogen site survey
The Department of Energy (DOE) has completed its reconnaissance survey in Palawan, identifying likely sites for naturally occurring hydrogen—a low-carbon energy source—with significant implications for the country’s clean energy development and commercial investment prospects.
Megawide profit dips amid project wind-down
Megawide Construction Corp. reported a slight decline in net income for the first half of 2025, down to ₱436.41 million from ₱437.58 million a year ago, as several major construction projects neared completion. This translated to a 23 percent drop in consolidated revenue, which fell to ₱8.77 billion from ₱11.49 billion, the company said on Wednesday.
