CLI sets 2026 start for nine-tower project in Pasig

CEBU CITY — Listed developer Cebu Landmasters, Inc. (CLI) plans to begin construction of its first Luzon project in Pasig City by the end...

SMGP plans up to $150-M securities offering

SAN MIGUEL Global Power Holdings Corp. (SMGP), the power generation arm of San Miguel Corp. (SMC), is looking to offer up to $150 million...

SM Prime shares rise on expansion bets

SHARES of SM Prime Holdings, Inc. rose last week amid investor optimism about its expansion in offices and premium housing. Data from the Philippine Stock...

PSALM to turn over CBK hydro facilities next year

THE GOVERNMENT will turn over the 796.64-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power complex in Laguna to the winning bidder Thunder Consortium by February 2026, according to the Power Sector Assets and Liabilities Management Corp. (PSALM).

PXP awaits Marcos nod for production, exploration

PXP ENERGY CORP. is seeking approval from President Ferdinand R. Marcos, Jr. for four petroleum service contract applications covering continued production and new exploration...

Megaworld expands Binondo mall with new retail wing

MEGAWORLD CORP. is expanding the retail area of its Lucky Chinatown mall in Binondo, Manila, with the addition of new commercial spaces under the...

Southstar Drug targets 800 stores by 2026

DRUGSTORE chain Southstar Drug is aiming to increase its store network to 800 by next year, with up to 60 store openings planned for...

LRTA revenue up 3% as more ride LRT-2

THE LIGHT RAIL Transit Authority (LRTA), operator of Light Rail Transit Line 2 (LRT-2), saw its gross revenue collection for the first half rise...

How PSEi member stocks performed — July 11, 2025

Here’s a quick glance at how PSEi stocks fared on Friday, July 11, 2025.

Leasing surge in 1st half may push full-year demand past 2024 levels, says Leechiu

OFFICE LEASING activity in Metro Manila surged in the first half of 2025, reaching levels not seen since 2017, as demand from the information...

MWEC plans P10.58-B wind power project in Cavite

MARAGONDON Wind Energy Corp. (MWEC) plans to build a 200-megawatt (MW) wind power project in Cavite, with operations expected to start by 2028. “The proposed...

EDC unit eyes P3-B upgrade of Negros Oriental power plant

GREEN CORE Geothermal, Inc. (GCGI), a subsidiary of Energy Development Corp. (EDC), is planning a P3.02-billion expansion of its 112.5-megawatt (MW) Palinpinon 1 Geothermal...
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