Meralco seeks DoE nod to procure 800 MW of power
POWER DISTRIBUTOR MANILA Electric Co. (Meralco) said it is awaiting the issuance of certifications from the Department of Energy (DoE) to proceed with its...
Ayala Land signs 25-year lease for Camp John Hay Technohub
LISTED property developer Ayala Land, Inc. (ALI) has signed a 25-year lease agreement with the Bases Conversion and Development Authority (BCDA) to continue operating...
Cosco Capital sets P7-B capex for 2025 expansion
COSCO CAPITAL, Inc. has allocated P7 billion for capital expenditures (capex) this year, with plans to expand its grocery retail store network and invest...
DoE eyes power access in 167 areas via third microgrid auction
THE DEPARTMENT of Energy (DoE) said it hopes to provide electricity to 167 unserved and underserved areas through the third round of bidding for...
SEC revokes Cyfle OPC’s registration
THE Securities and Exchange Commission (SEC) has revoked the corporate registration of Cyfle One Person Corp. (OPC) following findings of unauthorized investment activities.
In an...
Vista Land’s Q1 income rises 4% to P2.96 billion
VILLAR-LED property developer Vista Land & Lifescapes, Inc. reported a 4% increase in first-quarter (Q1) attributable net income to P2.96 billion from P2.84 billion...
MPTC considers toll relief during EDSA rehab
METRO PACIFIC Tollways Corp. (MPTC), the tollway unit of Metro Pacific Investments Corp. (MPIC), is considering waiving toll fees to help ease traffic congestion...
Maynilad IPO valuation not finalized — Pangilinan
THE VALUATION of the initial public offering (IPO) of west zone concessionaire Maynilad Water Services, Inc. remains subject to adjustments, according to its chairman.
“The...
Metro Pacific Iloilo Water sets P1.3-B investment to upgrade infrastructure
METRO PACIFIC ILOILO WATER (MPIW), the water distribution utility serving Iloilo, has earmarked over P1.3 billion in investments this year to upgrade its water...
Filinvest files with SEC for P8-B preferred share offering
GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) hopes to raise P8 billion through a preferred share offering following the filing of a registration statement with...
How PSEi member stocks performed — May 27, 2025
Here’s a quick glance at how PSEi stocks fared on Tuesday, May 27, 2025.
National Power Corp. seeks P7.47-B fuel cost recovery
STATE-RUN National Power Corp. (NPC) is seeking approval from the Energy Regulatory Commission (ERC) to recover P7.47 billion in deferred fuel costs incurred in...