ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.
President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.
San Miguel Corp. has raised P30 billion through a follow-on offering of preferred shares, which were listed on the Philippine Stock Exchange (PSE) on Monday.