Corporate

The Philippine Energy Efficiency Alliance (PE2) is optimistic about the future of energy efficiency and conservation (EEC) projects in the country following the Department of Energy's (DOE) launch of the first province-wide workshop on the formulation of Local Energy Efficiency and Conservation Plans (LEECP) in Iloilo.

The First Philippine Industrial Park, an economic zone developer led by the Lopez Group, recently broke ground in Agoncillo, Batangas to mark the launch of the Sulong Batangas housing project.

San Miguel Corporation (SMC) reported a significant 18 percent drop in net income for 2024, totaling P36.7 billion, down from P44.69 billion in 2023. Despite the decline in income, the company achieved a 9 percent increase in revenue, reaching P1.6 trillion, driven by higher sales across its core businesses, including power, spirits, fuel, and oil.

Maynilad Water Services, Inc. ("Maynilad") on Monday filed with the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE) its proposed initial public offering (IPO), marking a milestone in the company’s growth strategy.

Globe Telecom Inc. has announced plans to extend its network coverage to an additional 100 geographically isolated and disadvantaged areas (GIDAs) by 2025, marking a significant step in improving connectivity across underserved regions in the Philippines.