SMGP sets P87.1-B capex for three power projects
SAN MIGUEL Global Power Holdings Corp. (SMGP), the energy subsidiary of San Miguel Corp., has set a capital expenditure (capex) budget of about P87.1...
DoE clears 11 power projects for grid impact study
THE DEPARTMENT of Energy (DoE) endorsed 11 power projects totaling 4,551 megawatts to the National Grid Corp. of the Philippines (NGCP) in January for...
PLDT boosts VITRO Sta. Rosa capabilities
PLDT INC., through its data center arm VITRO Inc., has activated graphics processing unit (GPU) servers at VITRO Sta. Rosa to support advanced computing...
SM Prime rises after 2024 earnings report
INVESTORS SNAPPED UP shares of property developer SM Prime Holdings, Inc. last week after the company announced record-high earnings for 2024.
Data from the...
Ayala group expects to close KonsultaMD sale this month
THE AYALA GROUP expects to finalize the sale of its telehealth platform, KonsultaMD, to Pangilinan-led Metro Pacific Health Tech Corp. (mWell) by the end...
How PSEi member stocks performed — February 21, 2025
Here’s a quick glance at how PSEi stocks fared on Friday, February 21, 2025.
AboitizPower shutting down aging Naga power plants
ABOITIZ POWER Corp. (AboitizPower) said it will shut down two fossil fuel power plants in Naga City, Cebu, with a combined capacity of 45.08...
ALI plans P95-billion capex for this year
PROPERTY DEVELOPER Ayala Land, Inc. (ALI) plans to allocate P95 billion for capital expenditures (capex) this year as it aims to launch P100 billion worth of projects.
Cebu Landmasters JV to develop mixed-use project
CEBU Landmasters, Inc. (CLI) has secured approval from the Securities and Exchange Commission (SEC) to establish a joint venture (JV) company with Martinez Agricultural...
Manila Water activates solar power systems at 3 facilities
EAST ZONE concessionaire Manila Water Co., Inc. said it has energized solar rooftop systems with a combined capacity of 2.5 megawatt-peak (MWp) at three...
CEB to launch Ho Chi Minh flights from Cebu by April
CEBU PACIFIC (CEB) is set to introduce direct flights between Ho Chi Minh City and Cebu by the second quarter, the budget carrier announced...
CALAX Governor’s Drive Interchange launch moved to 2nd half
MPCALA HOLDINGS, Inc., a unit of Metro Pacific Tollways Corp. (MPTC), said it remains committed to opening the full stretch of the Cavite-Laguna Expressway...