Major energy players eyeing Meralco’s 600-MW supply contract
THE SUBSIDIARIES of First Gen Corp., San Miguel Global Power Holdings Corp. (SMGP), and Aboitiz Power Corp. (AboitizPower) have joined the firms interested in bidding for Manila Electric Co.’s (Meralco) 600-megawatt (MW) power supply contract.
Cybercrime center clears GCash of data breach claims
THE CYBERCRIME Investigation and Coordinating Center (CICC) on Thursday said the alleged compromised know-your-customer data files, reportedly linked to GCash, were found not to conform with the e-wallet’s naming protocols.
CLI: Davao venture brings in P2.7 billion
LISTED PROPERTY developer Cebu Landmasters, Inc. (CLI) reported fully selling out its Velmiro Heights horizontal project in Davao City, generating P2.7 billion in sales.
The...
Cosco Capital to acquire Matuno River Dev’t Corp.
LUCIO L. Co-led Cosco Capital, Inc. announced on Thursday the planned acquisition of Matuno River Development Corp. (MRDC), expanding its presence in the renewable...
FedEx to expand facility at Clark airport
FEDERAL EXPRESS Corp. (FedEx) plans to expand its facility at Clark International Airport (CIA) to accommodate increasing demand from small- and medium-sized enterprises and...
The Marketplace opens at Opus Mall QC
PREMIUM supermarket The Marketplace has opened a branch at Opus Mall in Quezon City.
This expansion aims to capture upscale consumer segments with premium meats,...
PSEi member stocks performed — July 4, 2024
Here’s a quick glance at how PSEi stocks fared on Thursday, July 4, 2024.
Cebu Pacific eyeing sale-leaseback deals for Airbus fleet
BUDGET CARRIER Cebu Pacific, operated by Cebu Air, Inc. (CEB), is confident in securing financing for its P1.4-trillion Airbus aircraft order through a combination...
DoubleDragon: Ongoing Madrid hotel project tops $10M in sales
LISTED property developer DoubleDragon Corp. (DD) on Wednesday said its ongoing hotel project in Madrid, Spain has achieved sales exceeding $10 million.
The majority of...
Uy’s Converge taps US firm for data center sustainability
CONVERGE ICT Solutions, Inc. announced on Wednesday a partnership with US-based Super Micro Computer, Inc. (Supermicro) to develop energy-efficient data centers aimed at reducing...
Maynilad expands AI use for faster leak detection, response
MAYNILAD WATER Services, Inc. said it is expanding its use of artificial intelligence (AI) to monitor an additional 1,500 kilometers of pipelines for quicker...
Megawide eyes bids for 2 major bridge projects — Saavedra
MEGAWIDE Construction Corp. is eyeing participation in the bidding for two major bridge projects to bolster its project portfolio, its chairman said on Wednesday.
The...