To reinforce its operational and technological strategies, the Board of Directors of BDO Unibank, Inc. (BDO Unibank), at its regular meeting held on January 31, 2025, approved the appointment of executives to lead the future of the bank.
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Emperador Inc. expands its premium product portfolio with the majority acquisition of Destileria Los Danzantes S.A. de C.V. (Los Danzantes), through its Mexican subsidiary Casa Pedro Domecq.
Megawide Construction Corporation (Megawide) and Maplecrest Group, Inc. (MGI), through the joint venture Cavite Rapid Transport, Inc. – together with their public sector partner the Provincial Government of Cavite (PGC) – officially signed the contract for the Cavite Bus Rapid Transit System Project (CBRT) on January 27, 2025 at the Twin Lakes Hotel, Nasugbu, Batangas.
Citicore Renewable Energy Corporation (CREC) has received notice from its parent company, Citicore Power Inc. (CPI) of its block sale of 153,741,000 common shares in CREC. The Company has effected a block sale as part of the conditions precedent in the previously disclosed acquisition of 20% stake in CREC by PT Pertamina Power Indonesia (PNRE).
ACEN Corporation, the listed energy platform of the Ayala Group, executed a short-term loan agreement with its subsidiary, Pagudpud Wind Power Corp., for P30,000,000.00. The advances to be made to ACEN is part of the ACEN group's cash management optimization.
Aboitiz InfraCapital Cebu Airport Corporation, private operator of Mactan-Cebu International Airport through its corporate social responsibility initiative, proudly launched the Solar Scholars program at Pangan-an Elementary School, reaffirming its commitment to education and sustainability. This transformative initiative is designed to support the educational sector in Lapu-Lapu City by enabling schools to transition to clean and renewable energy, unlocking opportunities to improve the quality of education.
Globe Telecom built over 10 new sites across Iloilo province in 2024, further strengthening connectivity through enhanced digital infrastructure to boost its economic potential.
Globe Telecom has conducted a successful pilot test of their 50GPON (50 Gigabit Passive Optical Network) technology, which provides quicker, more dependable connectivity that allows for smoother streaming, faster downloads, and continuous online experiences.
Pacific Online Systems Corporation (POSC) entered into an investment agreement with HHR Philippines, Inc. (HHRPI), together with the latter’s principal shareholders. POSC will be acquiring the equivalent of Thirty-Seven Point Five Percent (37.5%) of the resulting outstanding capital of HHRPI after POSC’s investment. The proceeds of POSC’s capital infusion will be utilized by HHRPI primarily to fund its expansion program
Concepcion Industrial Corporation (CIC), the country’s leading provider of consumer lifestyle and enterprise solutions, continued its strong growth trajectory, delivering an exceptional fourth-quarter performance. The group reported unaudited Q4 2024 consolidated earnings of P278.7 million, a 57% increase compared to the same period in prior year, fueled by outstanding sales execution and sustained market demand.
As of January 2025, D.M. Wenceslao & Associates, Inc. (DMW) achieved a 91st percentile rank (100 being the highest) in the S&P Global Corporate Sustainability Assessment (CSA) for the real estate sector. This places DMW among the top 9% of S&P-assessed real estate companies globally.
Manulife Announces Conversion Privilege of Non-Cumulative Rate Reset Class 1 Shares Series 191/30/2025 Manulife Financial Corporation (Manulife) today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 10,000,000 Non-Cumulative Rate Reset Class 1 Shares Series 19 (the Series 19 Preferred Shares) (TSX: MFC.PR.N) on March 19, 2025.
San Miguel Corporation’s (SMC) “Better Rivers PH” initiative has removed 93,000 tons of silt and waste from Parañaque rivers as of January 23, 2025. This effort aims to improve water flow and address perennial flooding at Ninoy Aquino International Airport (NAIA) and surrounding areas.
Beginning March 30, 2025, flag carrier Philippine Airlines (PAL) will operate thrice-weekly nonstop flights to Beijing Capital International Airport.
Globe Telecom is promoting sustainability throughout its supply chain by providing vendors with training, tools, and technology to ensure compliance with global environmental, social, and governance (ESG) standards.
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