Manila Electric Co., the largest power distributor in the country, said Friday power rates will be lower in the February billing cycle on account of a net decline in the generation charge.
MREIT, Inc., the real estate investment trust of Megaworld Corp., has received approval from the Securities and Exchange Commission for its Wave 4 property-for-share swap, clearing the way for a major portfolio expansion in McKinley Hill.
PhilWeb Corp., a listed electronic gaming company, has sealed a strategic partnership with Tiger Resort, Leisure and Entertainment, Inc. to roll out a new online gaming platform branded OKADA PLAY, marking a significant push into the country’s fast-growing digital gaming market.
Basic Energy Cadiz 1 Corporation (BECC), a wholly owned unit of Basic Energy Corp., has locked in a critical step for its 43-megaWatt-alternating current ground-mounted solar project in Cadiz City, formalizing key engineering, procurement, and construction (EPC) agreements that push the development into active buildout.
D.M. Wenceslao & Associates Inc. (DMW) has approved a regular cash dividend of P0.10 per share, marking its highest payout to date and delivering more than 5 percent growth year-on-year as the listed property developer underscores financial resilience and shareholder returns.