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Leadership Changes: BDO Unibank Names New Executives to Lead the Bank's Future

1/31/2025

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Leadership Changes: BDO Unibank Names New Executives to Lead the Bank's Future
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. Acquires Luxury Mezcal Company in Mexico

1/31/2025

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Emperador Inc. Acquires Luxury Mezcal Company in Mexico
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.

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Megawide, Maplecrest, and Cavite Provincial Gov't Seal Partnership for CBRT

1/31/2025

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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.

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CREC Effected the Block Sale of Common Shares from its Parent Company

1/31/2025

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CREC Effected the Block Sale of Common Shares from its Parent Company
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).

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Advances to ACEN Corporation from Pagudpud Wind Power Corp.

1/31/2025

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Advances to ACEN Corporation from Pagudpud Wind Power Corp.
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.

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Aboitiz InfraCapital Delivers Solar Power to Pangan-an School Under AuroraPH Program

1/31/2025

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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.

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Globe Telecom Builds More than 10 New Sites in Iloilo Province

1/31/2025

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Globe Telecom Builds More than 10 New Sites in Iloilo Province
Globe Telecom built over 10 new sites across Iloilo province in 2024, further strengthening connectivity through enhanced digital infrastructure to boost its economic potential.

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Globe Telecom Successfully Pilots Next-Gen Broadband Tech

1/31/2025

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Globe Telecom Successfully Pilots Next-Gen Broadband Tech
​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.

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Pacific Online to Invest P150 Million for a 3.7% Stake in HHR Philippines

1/31/2025

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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

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Unprecedented Growth Marks a Year of Success for Concepcion Industrial

1/30/2025

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Unprecedented Growth Marks a Year of Success for Concepcion Industrial
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. 

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