San Miguel Corp. said its power generation arm plans to sell 21.4 million shares in Manila Electric Co. to Metro Pacific Investment Corp., potentially reshaping the ownership mix of the country’s largest power distributor.
Water treatment usually sounds reassuringly dull: filters, pipes, perhaps a little chlorine doing its invisible housekeeping. Now, engineers are proposing something rather more dramatic—turning ordinary water into a chemistry lab capable of dismantling antibiotic-resistant bacteria and, crucially, the genetic material they leave behind.
DP World is adding new logistics capacity across Southeast Asia as manufacturers and retailers race to make regional supply chains faster and more resilient, with facilities in the Philippines and Kuala Lumpur due to open later this year.
The Philippines and Singapore have concluded negotiations to modernize their nearly five-decade-old tax treaty, potentially giving businesses greater certainty on cross-border transactions as economic ties between the two countries deepen.