Corporate
ACEN profit slides as renewable output surges
ACEN Corp., the renewable energy arm of the Ayala Group, reported a sharp drop in net income for 2025 as weaker power prices, weather disruptions, and asset impairments weighed on earnings despite strong growth in renewable energy output.
DHL opens Redemptorist LRT hub for commuters
Global logistics firm DHL Express has opened a new service point at Manila Light Rail Transit Line 1’s Redemptorist Station, strengthening its push to bring international shipping closer to Metro Manila’s daily commuters and small businesses.
Megaworld sells MREIT shares, raise fresh capital
Megaworld Corp., the property development arm of billionaire Andrew Tan, raised fresh capital after selling a portion of its holdings in real estate investment trust, MREIT Inc., through a block sale that raised P945 million.
First Gen plans ₱41.7B capex for 2026 to expand renewable energy projects
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.
SEC shuts down MCM Royalty over illegal investment solicitation
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.
