World famous fast food chain, McDonald’s, marked its 44th year in the Philippines with the opening of a new Green and Good store at Il Corso Cebu recently, reinforcing the food company’s twin push for sustainability and inclusive employment.
President Ferdinand Marcos Jr. has cleared the expansion of the Aboitiz-backed West Cebu Industrial Park–Special Economic Zone (WCIP-SEZ), approving the addition of seven new land parcels that widen the zone’s footprint in Balamban, Cebu.
SM Hotels and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings Inc., is ramping up its nationwide MICE—meetings, incentives, conventions and events--footprint with the upcoming SMX Convention Center Seaside Cebu, set to open in the fourth quarter of 2026.
Megawide Construction Corp. has announced the commencement of its engineering, procurement, and construction (EPC) unit's work on Block-2 of the ongoing Carbon Market redevelopment in Cebu.
Top Line Business Development Corp. launched its week-long initial public offering (IPO) on Monday, aiming to sell 22 percent of the Cebu-based company to raise approximately P624.6 million.
At least nine power generation firms have signalled their interest in joining the competitive selection process to supply 600 megawatts of baseload power to the Manila Electric Company.
The Department of Energy announced Tuesday that the suspension of the fifth Green Energy Auction Program will end in September, with the actual bidding for up to 3,300 megawatts of offshore wind capacity targeted for December 1, 2026.
The Department of Energy (DOE) says it will hold a series of meetings with other government bodies to carry out President Marcos’ order to scrap systems loss charges and their corresponding value added tax, a move meant to bring down electricity costs for all consumers.
The Government Service Insurance System (GSIS) has formally launched its G-HEALTH initiative, signing its first agreement with Maxicare Healthcare Corporation to support President Ferdinand R. Marcos Jr.’s goal of improving healthcare benefits for state employees.