Corporate
Megaworld transitions fully to renewable energy
Megaworld Corp., the listed property development company of tycoon Andrew Tan, has fully transitioned its company-owned properties to renewable energy, a major step towards its push for sustainability.
Hotel101, Horizon in 10,000 Saudi hotel room development deal valued at USD2.5B
Hotel101 Global, the hotel development unit of listed DoubleDragon Corp., said it entered the Saudi Arabian market through a landmark joint venture with Horizon Group that aims to develop of 10,000 standardized hotel rooms valued at approximately USD2.5 billion.
FNI secures MPSA renewal for Ipilan nickel project
Listed mining firm Global Ferronickel Holdings Inc. (FNI) announced the renewal of its Mineral Production Sharing Agreement (MPSA) for the Ipilan Nickel Project in Brooke’s Point, Palawan, a key development supporting the company’s expansion and long-term diversification goals.
SM Prime Expands Footprint with First Ilocos Norte Mall Opening
SM Prime Holdings Inc. will inaugurate SM City Laoag on May 30, marking its 88th shopping mall in the Philippines and its first in Ilocos Norte. The new mall underscores the company’s strategy to deepen its presence in emerging regional growth centers.
Ayala Group launches massive EV charging expansion
The Ayala Group, through AC Mobility and property arm Ayala Land Inc., is undertaking an ambitious nationwide expansion of the electric vehicle (EV) charging infrastructure, targeting 700 stations by the end of 2025, up from just 90 today. The move, announced Tuesday, marks a bold push into clean energy infrastructure with clear commercial and corporate significance.
