Tag: Meralco

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Meralco sells controlling stake in Bayad Center

Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.

Laiya residents seek Meralco help to bolster growth

Residents of Laiya, a popular tourist draw in San Juan, a town at the edge of Batangas province, are calling on BATELEC II to allow Manila Electric Co. to assist in providing reliable electricity service to unlock the seaside community’s full economic potential.

Power giant Meralco braces for oil shock

Manila Electric Co. chairman Manuel V. Pangilinan said the country’s largest power distributor is reviewing its fuel mix as tensions in the Middle East threaten to push electricity costs higher.

Movem, Rockwell power up Makati

Movem, the e-mobility arm of Manila Electric Co. (Meralco), has teamed up with Rockwell Property Management Corp. to launch five electric vehicle (EV) charging stations at Edades Tower and Edades Suites in Rockwell Center.

Meralco lines up massive spending for future projects

Power giant Manila Electric Co. is revving up for a historic spending cycle, lining up P272.2 billion in capital expenditures to modernize its grid, harden infrastructure, and keep pace with the country’s swelling power demand.

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Bloomberry bets on digital growth as VIP demand softens

Bloomberry Resorts Corp. is leaning harder into digital gaming and cost discipline as weak demand from VIP and premium mass players keeps pressure on its traditional gaming business.

Rockwell Land profit surges 46% on property growth

Rockwell Land Corp. delivered a stronger first half in 2026 as robust residential sales and an expanding commercial business pushed revenue and profit sharply higher, while also allowing the property developer to raise its dividend to a record level.

Philippine growth lifts poor, but shocks threaten gains

Economic growth has lifted millions of Filipinos out of poverty over the past 15 years, but many remain close enough to the poverty line to be pushed back by the next serious flood, conflict, or economic shock.

JobStreet survey offers three fixes for pay unhappiness

Fair pay, it turns out, is not quite the same thing as happy pay. Filipino employees may believe they are being paid fairly, but a much smaller share say they are happy with their salaries, highlighting a growing challenge for employers trying to retain talent without simply throwing bigger raises at the problem.

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