Corporate

Meralco eyes Semirara coal mining rights as DOE prepares auction

The Manila Electric Co. (Meralco) is considering joining the Department of Energy’s (DOE) planned auction for the rights to operate the Semirara Island coal resource in Antique.

Megawide scale up industrialized construction to deliver homes faster 

Megawide Construction Corp. will build a second precast concrete facility in Cavite this year to support its expanding affordable housing projects with the government.

P400-M gift aims to fight college dropouts, support PHINMA scholars

Business leader Magdaleno B. Albarracin Jr., vice chairman of PHINMA Corporation, and his wife Trinidad M. Albarracin have pledged P400 million to PHINMA Foundation Inc. to help students complete their college education.

San Miguel sees stronger 2026 after profit surge

San Miguel Corp. expects 2026 to outperform 2025, citing strong performance across all its business units.

Disciplined billions fuel SM Prime growth in 2025; P100B capex planned for 2026

SM Prime Holdings, Inc., one of the largest integrated property developers in Southeast Asia controlled by the Sy Group, is setting aside about P100 billion in capital expenditures for 2026, matching last year’s outlay while sharpening its focus on returns after posting a 7 percent rise in 2025 profit.

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