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MIC, Key Energy Agencies Sign Agreement to Modernize Mindoro Power Grid

6/7/2026

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MIC, Key Energy Agencies Sign Agreement to Modernize Mindoro Power Grid
(L – R) TransCo President and CEO Joseph Omar Alday Castillo, MIC President and CEO Rafael D. Consing Jr., Department of Energy Secretary Sharon S. Garin, NEA Administrator Antonio Mariano C. Almeda, and NPC President Jericho Jonas B. Nograles
The Maharlika Investment Corporation (MIC) has formalized a cooperation agreement with the country’s key energy agencies to rehabilitate, modernize, and develop the power transmission infrastructure of Mindoro Island.

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LIMA Estate Breaks Ground on Phase 5 Expansion, Adding Approximately 100 Hectares to Meet Growing Industrial Demand

6/7/2026

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LIMA Estate Breaks Ground on Phase 5 Expansion, Adding Approximately 100 Hectares to Meet Growing Industrial Demand
Phase 5 of LIMA Estate’s Industrial Hub officially breaks ground, responding to sustained demand for large-scale, infrastructure-ready locations supported by reliable utilities, strategic connectivity, and an integrated industrial ecosystem. Aboitiz Economic Estates expands its flagship industrial estate into Sto. Tomas, Batangas, as sustained locator activity and manufacturing growth continue to drive demand for integrated industrial space in South Luzon.
Aboitiz Economic Estates formally broke ground on Phase 5 of LIMA Estate, an approximately 100-hectare expansion that marks the estate’s first development footprint into Sto. Tomas, Batangas. The groundbreaking signals the next stage of the estate’s growth, driven by continued demand from industrial locators and manufacturers operating across Batangas and South Luzon.

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SEC issues cease and desist order against BG Wealth

6/7/2026

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SEC issues cease and desist order against BG Wealth
The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against BG Wealth Sharing Ltd. over its unauthorized solicitation of investments from the public through copy trading of cryptocurrency.

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Maharlika Generates 25% Annualized Return on Makilala Mining Exit Strategic Assignment of Bridge Loan Paves the Way for Additional Foreign Investment

6/6/2026

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The Maharlika Investment Corporation (MIC) announced the successful completion of the assignment of its rights, title, and interests under the Omnibus Loan and Security Agreement (OLSA) with Makilala Mining Company Inc. (MMCI) to Equinaire Holdings Limited (Equinaire), a wholly-owned subsidiary of Kiri Industries Limited (KIL).

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SEC issues halt order against Riscoin

6/6/2026

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SEC issues halt order against Riscoin
The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against Riscoin and its related entities for illegally soliciting investments from the public and engaging in cryptocurrency trading.

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SEC approves BlockShoals Technologies’ testing under Strategic Sandbox

6/6/2026

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SEC approves BlockShoals Technologies’ testing under Strategic Sandbox
The Securities and Exchange Commission (SEC) has granted final approval to Blockshoals Technologies Inc. to kickstart the testing of its financial products and services under the Commission’s regulatory sandbox.

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Filinvest Land Raises P9 Billion in Oversubscribed Bond Offering, Reinforcing 2026 Growth Momentum

6/6/2026

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Filinvest Land Raises P9 Billion in Oversubscribed Bond Offering, Reinforcing 2026 Growth Momentum
In Photo: Ana Venus A. Mejia, Filinvest Land Inc. EVP, Treasurer, CFO & COO; Francis Nathaniel C. Gotianun, Filinvest Land Inc. Director; Ma. Theresa B. Ravalo, Philippine Depository & Trust Corp., President and COO; Tristaneil D. Las Marias, Filinvest Land Inc. President and CEO; Mr. Jonathan T. Gotianun, Filinvest Land Inc. Chairman; Stephanie Marie A. Zulueta, Philippines Dealing & Exchange Corp. President; Rhoda A. Huang, Filinvest Development Corp. President & CEO and Filinvest Land Inc. Director; Hon. Francis E. Lim, Securities and Exchange Commission Chairman; Atty. Ephyro Luis B. Amatong, Filinvest Land Inc. Independent Director
Filinvest Land, Inc. (FLI), one of the country’s leading full-range property developers, successfully raised P9 billion through its latest retail bond issuance, reflecting strong investor confidence in the company’s financial strength, long-term strategy, and growth outlook.

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Baltic Container Terminal boosts Gdynia port’s competitiveness with new quay cranes

6/5/2026

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Baltic Container Terminal boosts Gdynia port’s competitiveness with new quay cranes
Baltic Container Terminal’s new quay cranes arrive early morning of June 1 at the Port of Gdynia. The terminal now has eight quay cranes.
Two new quay cranes (QC) that recently arrived at Baltic Container Terminal (BCT) are seen to boost the Port of Gdynia’s capabilities and competitiveness.

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ICTSI acquires Brazilian logistics firm CRAGEA

6/5/2026

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Photo from CRAGEA website
International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary, IRB Holding Ltda., has acquired 100% interest in Companhia Regional de Armazéns Gerais e Entreposto Aduaneira (CRAGEA), a company located in São Paulo, Brazil, that provides general and bonded warehousing, and multimodal logistics services.

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TUGS signs contract to salvage MV GIYAS

6/5/2026

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On 09 May 2026, bulk carrier MV GIYAS laden with 71,130 MT of Indonesian coal ran aground on a sea mound Queen of the Sea Bank near Araceli, Palawan, causing damage to its forward bottom hull, and flooding its port and starboard water ballast tanks. Despite the damage to the vessel, no marine pollution was reported, and the Vessel remained structurally sound.

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