Corporate

The Manila Electric Company (Meralco), led by Manuel V. Pangilinan, has donated 1,000 solar lamps to 68 parishes under the Archdiocese of Lipa in Batangas. The donation was made through its corporate social development arm, One Meralco Foundation (OMF).

United Paragon Mining Corp. (UPMC) is moving forward with a major debt-to-equity conversion as part of its financial rehabilitation, following an agreement involving Camarines Minerals Inc. (CMI) and two newly formed investment holding firms.

Hotel101 Global Holdings Corp., an asset-light, prop-tech hospitality platform and a subsidiary of listed DoubleDragon Corp., has signed definitive and binding agreements to develop a 766-room Hotel101 property in the heart of Melbourne’s central business district, marking a major milestone in its global expansion push.

Salesforce (NYSE: CRM), the world’s leading AI-powered CRM company, has launched the Salesforce Startup Program in the Philippines, reinforcing its commitment to the country’s fast-expanding startup ecosystem.

Bacolod Bulk Water Inc. (BBWI), a subsidiary of Tubig Pilipinas Holdings Inc., on Monday inaugurated its second water treatment plant, strengthening bulk water supply for Bacolod City and the neighboring municipality of Murcia.