Tag: Meralco

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PLDT buys new shares maintain Kayana stake

PLDT Inc., the country’s largest integrated telecommunications firm, has subscribed to 594 million additional shares in Kayana Solutions Inc. to maintain its 45 percent equity interest in the digital experience company formerly known as DigiCo.

San Miguel finalizes long-delayed Meralco deal

San Miguel Corp., one of the country’s largest conglomerates, has completed a long-delayed transaction to acquire 1.03 million shares of Manila Electric Co. from the Land Bank of the Philippines.

San Miguel completes Meralco deal with Landbank after 17 years

San Miguel Corp. (SMC), one of the Philippines’ largest conglomerates, announced that its power unit, San Miguel Global Power Holdings Corp., has finally acquired a long-contested 3.9 percent stake in Manila Electric Co. (Meralco), nearly two decades after first attempting the deal.

MGreen early listing plans counts SPNEC as backdoor option

MGen Renewable Energy Inc. (MGreen),  the green energy arm of Meralco PowerGen Corp. (MGen), is exploring the possibility of a public listing, with key advisors recently retained to guide the process, its listed affiliate, SP New Energy Corp. (SPNEC) told the Philippine Stock Exchange. 

Meralco reduces power rates for June bill

Manila Electric Co., the country’s largest power distributor better known as Meralco, announced on Wednesday a reduction in electricity rates, lowering charges by P0.1076 per kiloWatt-hourin June, the second rate reduction in as many months.

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Digital responsibility: The new frontier of Filipino freedom

The internet has become an essential part of daily life for Filipinos, shaping how people connect, learn, earn, and engage with society. But greater digital reliance also brings growing risks: misinformation, scams, identity theft, and fraud that put all users, especially the most vulnerable, in danger. On Independence Day, the meaning of freedom is being redefined for the connected era — it is no longer just about access, but about having the confidence to go online without fear of harm or exploitation.

Chinabank wins global award for innovative tax solution

China Banking Corp. announced Thursday it has received the Excellence in Innovation in the Philippines 2026 award from Global Banking and Finance Review, recognizing its Easy Tax Filing and Payment Solution.

McDonald’s Philippines rolls out 10,000 meals for earthquake-hit Southern Mindanao

McDonald’s Philippines has activated its Kindness Kitchen program to provide no less than 10,000 hot meals to communities severely affected by the recent earthquake in Southern Mindanao. Working hand-in-hand with local government units, the company aims to deliver nourishing food to families in impacted areas as part of its immediate relief efforts.

Concrete jungle gets a bamboo reality check

Bamboo has long enjoyed a near-mythical reputation in construction circles.

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