Corporate
San Miguel completes Meralco deal with Landbank after 17 years
San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.
DigiPlus urges lawmakers to assess gaming sector with prudence
DigiPlus Interactive Corp. has appealed to legislators for a fair and rational approach in assessing the online gaming industry, stressing the need to distinguish between legal operators and illicit activities.
FPIP, locators dominate Tanauan City’s 2024 top taxpayers list
The First Philippine Industrial Park (FPIP), a special economic zone developed by the Lopez-led First Philippine Holdings Corp. and Japan’s Sumitomo Corp., along with 17 of its locators, emerged as top contributors to Tanauan City’s 2024 tax revenue program, reinforcing the ecozone’s critical role in the city’s economic and fiscal development.
BDO hosts Kyoto business delegation to boost PH-Japan ties
BDO Unibank Inc. (BDO) has reinforced its commitment to supporting foreign investors by hosting a delegation from the Kyoto Employers Association (KEA) at BDO Makati.
APECO revives P800M in legacy projects
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has successfully revived and advanced long-abandoned infrastructure projects collectively valued at nearly P800 million, marking a significant turnaround for the special economic zone under the leadership of its president and CEO Gil G. Taway IV.
