MGen nears halfway mark in P200-B MTerra solar project

MERALCO POWERGEN CORP. (MGen), the power generation subsidiary of Manila Electric Co. (Meralco), is nearly halfway toward the completion of the P200-billion MTerra Solar...

Innovative financing seen to boost PHL just energy transition

CLIMATE SMART VENTURES Pte. Ltd. is optimistic that the Philippines can meet — and potentially exceed — its just energy transition goals through innovative financing mechanisms and stronger corporate commitments to sustainability.

JFC plans further store rollouts in Southeast Asia

JOLLIBEE Foods Corp. (JFC) is planning to expand the footprint of its flagship brand in Southeast Asia, even as the group reported an 8.1%...

DMW breaks ground on its biggest office development in Aseana City

LISTED property developer DM Wenceslao and Associates, Inc. (DMW) broke ground on the first phase of its Aseana Plaza office project in Parañaque City. Situated...

Metro Retail posts 73% plunge in Q1 income, pushes store expansion

LISTED Metro Retail Stores Group, Inc. saw its first-quarter (Q1) net income fall 73.4% to P13.4 million from P50.3 million last year, weighed down...

Telcos seen to post mixed Q2 results amid rising costs

LISTED telecommunications (telcos) and information and communication technology (ICT) companies are projected to deliver mixed second-quarter (Q2) results amid rising operational costs and heightened competition, analysts said.

Maynilad reports positive investor feedback ahead of IPO demand assessment

MAYNILAD Water Services, Inc., the west zone water concessionaire, remains confident despite a slight reduction in the size of its planned initial public offering...

ALI says it sold 43% of Southmont Central on launch day

LISTED property developer Ayala Land, Inc. (ALI) said it sold 43% of its inventory during the launch day of Southmont Central, citing robust investor...

Metro Dumaguete Water recognized for energy-saving innovation

METRO DUMAGUETE WATER (MDW), a joint venture between Dumaguete City Water District and Metro Pacific Water, said it received a Silver Stevie® Award for...

Ayala group recognized for innovation and impact

THE AYALA GROUP received six Gold Stevie Awards at the 2025 Asia-Pacific Stevie Awards in Seoul, South Korea, on May 13, recognizing the conglomerate’s...

How PSEi member stocks performed — May 20, 2025

Here’s a quick glance at how PSEi stocks fared on Tuesday, May 20, 2025.

DoubleDragon climbs to P1.25B on strong Hotel101 unit sales

LISTED property developer DoubleDragon Corp. posted a first-quarter attributable net income of P1.25 billion, more than four times last year’s P269.5 million, propelled mainly...