Corporate

Meralco moving deeper into the renewable energy space

The Manila Electric Co. (Meralco) is moving deeper into the renewable energy space with its participation not just in owning and operating electric vehicles,...

MPIC to invest in SPNEC

Metro Pacific Investments Corp. (MPIC) has entered into a definitive agreement to invest P2 billion to acquire 1.6 billion common shares of SP New...

American firm to invest P4.35B in Clark EV assembly plant

American firm Envirotech Vehicles Inc. is spending up to $80 million (P4.35 billion) in a planned electric vehicle (EV) assembly plant in Clark, Pampanga.

Puregold net income rises 13% on strong sari-sari store base 

Puregold Price Club Inc., the grocery chain operator led by businessman Lucio Co, on Tuesday reported net income in 2022 growing 13 percent to P9.3 billion from previous year’s P8.18 billion, mainly on higher sales from its growing chain.

FLI 2022 income falls 24% 

Filinvest Land Inc., the property development arm of the Gotianun group, reported net income falling 24 percent last year to P2.89 billion from P3.8...

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