Manila Electric Co. (Meralco) and its wholly owned subsidiary, Corporate Information Solutions Inc. (CIS), are selling their stakes in payment services provider CIS Bayad Center Inc. (Bayad) to Kayana Solutions Inc. for P2.7 billion, tightening Kayana’s control over the business.
When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.
Manila Electric Co. (Meralco) is pushing for electricity distribution to be treated as strategic national infrastructure as rooftop solar, battery storage, and electric vehicles reshape how power is produced, delivered, and consumed.
Movem Electric Inc. (Movem), the wholly owned electric mobility solutions provider of Manila Electric Co. (Meralco), has partnered with Filinvest Malls to expand electric vehicle (EV) charging infrastructure at Festival Mall in Muntinlupa City.
PLDT Inc. says the sliding Philippine peso is driving up costs for its information and communications technology projects, especially those that rely heavily on imported gear and materials.
The Philippine Ports Authority (PPA) has finished development and improvement works at the Port of Plaridel in Misamis Occidental, boosting maritime connectivity between Northwestern Mindanao and key Visayas destinations such as Siquijor, Bohol, and Cebu.
The National Food Authority (NFA) has significantly increased the price it pays for palay and more than doubled the volume it can buy from individual farmers, a key policy move meant to lift farm earnings and build up government rice reserves as the country faces potential weather challenges from El Niño.
The Department of Agriculture has granted Food Terminal Inc., or FTI, a 25-year usufruct right to use 30 hectares of government land in Tiaong, Quezon, clearing the way for the development of a major new facility designed to boost the country’s food supply chain.