Corporate
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.
New PSE-CFO deal targets OF financial empowerment
The Philippine Stock Exchange Inc. (PSE) and the Commission on Filipinos Overseas (CFO) have signed a partnership to promote capital market participation among overseas Filipinos (OFs), an event with both commercial and development implications for the country’s equities market.
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.
