Corporate

MREIT Inc., the real estate investment trust of Megaworld Corp., is set to execute its largest asset expansion to date with a ₱27-billion property-for-share swap.

Converge ICT Solutions Inc. has topped Ookla’s Speedtest Intelligence rankings for the first half of 2026, earning titles as the country’s fastest internet service provider and best for fixed latency. Its flagship FiberX service recorded leading scores across key metrics, extending the company’s winning streak that began in 2022. Company officials said the results reflect consistent infrastructure investments, as Converge continues expanding its network nationwide under the leadership of founders Dennis Anthony Uy and Maria Grace Uy.

Wipro Consumer Care International, the FMCG division of Wipro Enterprises, has signed a definitive agreement to fully take over S Brands Consumer Care Inc., one of the leading personal care companies in the Philippines.

The Bank of the Philippine Islands (BPI) is hosting a special two-day event titled “Discover the Magic of Saving: BPI Jumpstart” at the Glorietta Activity Center on August 1 and 2, inviting families, young dreamers, and Disney fans to experience learning about savings in a fun, engaging way. Open primarily to children aged 7 to 12 and extended to those up to 17 years old, the event serves as the official showcase for BPI’s new Jumpstart savings account, which blends practical banking features, financial education, and interactive digital elements.

What began as a small startup serving three cities in Rizal has evolved into one of the Philippines' biggest business-to-business technology platforms for sari-sari stores, underscoring how digital tools are reshaping the country's oldest retail network rather than replacing it.