Corporate

Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has placed a firm order for 20 additional Airbus A330-900 widebody aircraft, doubling its future A330neo fleet to 40 units.

The acquisition of the 796.56 MW Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex by the Aboitiz-led Thunder Consortium is hailed by analysts as a commercially and strategically significant that strengthens Aboitiz Power Corp.'s position as the country's leading hydropower operator.

Del Monte Pacific Ltd. (DMPL) sought to reassure investors and regulators following the Chapter 11 bankruptcy filing of its US subsidiary, Del Monte Foods...

Engtek Group has expanded its renewable energy (RE) partnership with First Gen Corp., the country's leading RE producer, as part of its decarbonization strategy. This development sees Engtek’s second Philippine manufacturing facility, Asaba Manufacturing Philippines, Inc., transition entirely to hydroelectric power supplied by First Gen, marking a significant step toward the company’s 45 percent GHG emissions reduction target by 2030.

Security Bank has teamed up with global electronic payments provider Euronet to roll out co-branded white label ATMs across the Philippines, a strategic move aimed at enhancing payroll services and expanding access to cash for corporate clients.