Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), is moving forward with its 1,200-megawatt coal-fired power plant project in Atimonan, Quezon Province, assuring local officials of its economic, employment, and energy security benefits.
The Philippine Center for Postharvest Development and Mechanization (PhilMech) is collaborating with South Korean entities to establish a local agricultural equipment manufacturing facility, in a move consistent with helping boost the country’s mechanization efforts.
Integrated resort developer Hann Holdings Inc. signaled readiness to enter the Philippine online gaming market, but emphasized that full deployment will follow only after regulatory and ethical concerns are addressed.
Filinvest Land Inc. (FLI) reported a flat net income of ₱2.12 billion in the first half of 2025, inching up marginally from ₱2.11 billion in the same period last year, as weaker second-quarter earnings offset gains from its core leasing business.