The power distributor Manila Electric Co. (Meralco) is now compelled to temporarily procure supply from the Wholesale Electricity Spot Market (WESM) as the contracted emergency power supply agreement (EPSA) with Aboitiz Power Corp. worth 300 megawatts (MW) ended on Wednesday.
MREIT, Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval to raise its authorized capital stock (ACS) to P8 billion from P5 billion, clearing a major hurdle as it gears up for its next round of property infusions.
Integrated Micro-Electronics Inc. (IMI) is sharpening its strategic edge with the sale of its 50.32 percent stake in VIA Optronics Holding AG, a move that underscores the company’s push to refocus on high-growth, high-profitability segments.
The Tourism Promotions Board (TPB) Philippines gathered more than 300 members and partners on November 18 at Solaire Resort North for the TPB Members’ Night 2025: Community in Action, an event themed “Creative Upcycling” to highlight responsible tourism and climate action.
Megaworld Hotels and Resorts has partnered with global hospitality group Accor to rebrand the 1,530-room Grand Westside Hotel in Parañaque as Mövenpick Manila Bay Westside, set to become the world’s largest Mövenpick property.