Corporate

Alliance Global Group Inc., the holding firm of tycoon Dr. Andrew L. Tan, is ramping up its capital spending this year to a record P59 billion, reaffirming its long-term growth strategy across key sectors including real estate, leisure, tourism, and consumer goods.

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.

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, 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.

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.