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Ex-Energy chief Almendras withdraws from FPH director nomination

Jose Rene Gregory D. Almendras has withdrawn his nomination as an independent director of First Philippine Holdings Corp., citing personal circumstances that would prevent him from giving the role the attention and commitment it deserves. 

SM Cebu Arena seen driving property growth

SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.

Aboitiz exec backs Pax Silica industrialization push 

Aboitiz Economic Estates president and CEO Rafael Fernandez de Mesa sees the government’s Pax Silica initiative as a potential catalyst for Philippine industrialization, particularly as the country seeks to attract higher-value industries and move up the global supply chain.

MREIT eyes Uptown Bonifacio assets for 2027 Wave 6

MREIT Inc., the real estate investment trust of property giant Megaworld Corp., is positioning “crown jewel” properties in Uptown Bonifacio as the anchor of its planned Wave 6 asset infusion in 2027. 

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