Corporate Bulletins
Meralco unit commissions 100 MW ancillary power plant in Singapore
Meralco PowerGen Corp. (MGen) subsidiary Pacific Light Power Pte Ltd. (PLP) based in Singapore has commissioned a 100-megawatt (MW) fast-start ancillary services facility on Jurong Island, boosting its commercial capabilities in the city-state's highly competitive energy market.
Events, concerts drive Mall of Asia visitor surge
Something electric happening at the Mall of Asia Complex, and it is not just the fireworks. SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, saw a 15 percent rise in foot traffic during the first quarter of 2025, drawing in a whopping 34.5 million visitors.
Tanduay beats Bacardi, Captain Morgan in global sales race
Tanduay, the flagship rum brand owned by Filipino tycoon Lucio Tan, has once again been recognized as the world’s top-selling rum, achieving the title for the eighth consecutive year, according to the 2024 Millionaires’ Club report by Drinks International.
Ayala Corp. dominates FinanceAsia Awards with seven major wins
Ayala Corp. reaffirmed its stature as a corporate leader, sweeping seven awards—including five golds—at the 2024 FinanceAsia Awards, the most by any Philippine company this year.
Semirara Mining earns top Asia-Pacific honor
Integrated energy leader Semirara Mining and Power Corporation (SMPC) has proudly claimed the Gold medal in FinanceAsia’s 25th Asia’s Best Companies Poll. Topping the Philippines in the Best Managed - Basic Materials category, Semirara Mining's recognition came from votes by regional investors and financial analysts.
