Corporate

Megawide exits CREC stake, accelerates debt reduction drive

Megawide Construction Corp. has completed the sale of its remaining 9-percent stake in Citicore Renewable Energy Corp. (CREC), raising about P4.5 billion as the engineering and infrastructure firm accelerates debt reduction while funding its next phase of expansion.

East Bay Phase 1 plant boosts Manila Water reserves amid El Niño

Manila Water is assuring customers in its East Zone concession area of uninterrupted 24-hour water supply as El Niño conditions and reduced allocations from Angat Dam raise supply concerns, supported by key investments in alternative water sources including the now-operational East Bay Phase 1 Water Treatment Plant.

New operator boosts water supply for thousands in San Jose del Monte 

More than 3,500 households here are now experiencing better water service after the San Jose del Monte City’s new interim operator, Metro Pacific Bulacan Water (MPBW), stepped in to repair broken pipes and clear clogged water lines.

BPI BanKo, Jollibee Foundation expand financing pact supporting onion farmers

BPI Direct BanKo, Inc. (BanKo), the microfinance arm of the Bank of the Philippine Islands, and the Jollibee Group Foundation (JGF) are boosting their partnership to improve livelihoods and build sustainable futures for local onion farmers under the foundation’s Farmer Entrepreneurship Program (FEP).

Unified 911 expands Mindanao emergency response network

The government's Unified 911 Emergency Response System is expanding into Mindanao with the opening of satellite command centers in Cagayan de Oro and the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), strengthening efforts to build a faster and more localized nationwide emergency network.

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