Manila Electric Co. chair and CEO Manuel V. Pangilinan said Energy Development Corp. (EDC) would be a strategic addition to Meralco PowerGen Corp.’s expanding renewable energy portfolio, but stressed his group is not in current talks with the Lopez family.
Aboitiz Equity Ventures Inc. posted a 63 percent increase in consolidated net income to P13.6 billion in the first half as stronger contributions from its power, banking and food businesses lifted earnings.
Businesses are increasingly investing in in-house production as demand rises for customized merchandise, signage, and short-run print jobs, prompting equipment makers to develop solutions that balance productivity, image quality, and space efficiency.
Health experts are calling for closer collaboration among regulators, healthcare professionals, pharmaceutical companies, policymakers and patients to strengthen public trust in medicines, warning that safeguarding drug quality requires vigilance across the entire healthcare system.
Japan’s Kansai Electric Power Co. is investing in the 600-megawatt Wawa Pumped Storage Hydropower Project, becoming a partner of Prime Infrastructure Capital Inc. and First Gen Corp. through the acquisition of a 14 percent stake in the project’s holding company.
Spanish spirits brand Torres is banking on the Philippines’ growing cocktail culture and longstanding cultural ties with Spain to deepen consumer engagement as it expands its presence in the premium brandy segment.
BDO Pay is expanding its push for cashless transactions by offering fee-free fund transfers, bill payments, and QR-based services while launching a referral campaign that rewards users with cash credits.
The Management Association of the Philippines (MAP) has backed the proposed Pax Silica Initiative, describing it as a potentially transformative platform for industrial development, quality employment and deeper participation in global technology supply chains.