Megawide Construction Corp. has completed the sale of its remaining 9-percent stake in Citicore Renewable Energy Corp. (CREC), raising about P4.5 billion as the engineering and infrastructure firm accelerates debt reduction while funding its next phase of expansion.
The Department of Tourism (DOT) is turning to the country's biggest pop phenomenon to give Philippine tourism a fresh rhythm, naming P-pop sensation BINI as its newest tourism ambassadors.
The Department of Human Settlements and Urban Development (DHSUD) and the University of the Philippines Diliman (UP Diliman) have unveiled the model unit for the Southern Diliman Gardens Rental Housing Project, a signal of the government's growing shift toward rental housing as a key pillar of President Ferdinand Marcos Jr.'s Expanded Pambansang Pabahay para sa Pilipino (Expanded 4PH) Program.
The Bank of the Philippine Islands (BPI) has established itself as the financial powerhouse behind the country’s green energy transition, reaching an industry-leading cumulative investment of P376 billion through its Sustainable Development Finance program.