- CREC sets P119 billion for solar rollout this year
RENEWABLE ENERGY developer Citicore Renewable Energy Corp. (CREC) is earmarking a capital expenditure (capex) budget of around $2 billion (P118.86 billion) this year to finance the rollout of more than a gigawatt (GW) of solar power projects. Speaking to reporters last week, CREC President and Chief Executive Officer Oliver Y. Tan said the company is
- Globe plans $1-B capex for 2026
GLOBE TELECOM, INC. is likely to set a capital expenditure (capex) budget of about $1 billion (around P59.39 billion) this year as it ramps up network expansion, its president said. “Most of it will really go to data services. More or less the same level at $1 billion in cash capex,” Globe President and Chief
- PAL expects five Airbus A350-1000 deliveries this year
PHILIPPINE AIRLINES (PAL) received its first Airbus A350-1000 aircraft on Saturday and expects to take delivery of five of its nine remaining orders this year. “With our first Airbus A350-1000, this aircraft represents the very best of modern aviation technology, and will serve as an anchor of our long-haul operations,” PAL Holdings, Inc. President and
- JFC shares rise on 2025 performance, growth plans
SHARES of Jollibee Foods Corp. (JFC) ticked up last week as the company affirmed positive developments in 2025 and outlined its global growth objectives, analysts said.
- SEC warns public against unregistered investment platforms
THE SECURITIES and Exchange Commission (SEC) has issued advisories against Valtoro Spartan, Mad Devpt. Realty Corp., VT Markets, FBS, and KBS, warning investors that these platforms have been soliciting investments without the required registration or license. In separate notices, the corporate regulator said the flagged entities, including some registered as broker-dealers abroad, operate without the
- PhilWeb-Hann partnership boosts positioning, minimal near-term earnings impact — analysts
PHILWEB CORP.’S new operational tie-up with Hann Casino Resort strengthens its position in the Philippines’ regulated e-gaming sector, but is unlikely to meaningfully boost earnings in the near term, according to analysts. “The PhilWeb-Hann partnership modestly improves PhilWeb’s positioning in regulated e-gaming but does not materially change its earnings outlook,” F. Yap Securities investment analyst
- How PSEi member stocks performed — January 16, 2026
Here’s a quick glance at how PSEi stocks fared on Friday, January 16, 2026.
- Globe brings Starlink direct-to-cell technology in PHL
GLOBE TELECOM, Inc. has partnered with Elon Musk’s Starlink to bring its direct-to-cell satellite services in the Philippines, making the country the first in Southeast Asia to offer the technology. “By leveraging Starlink’s low earth orbit satellites, we will bridge coverage gaps in what we called geographically isolated and disadvantaged areas, enabling Filipinos to access
- UAE-based G42 eyes up to $500-M investment in PHL data center — DICT
THE PHILIPPINES is attracting renewed interest from global data center operators, with Abu Dhabi-based technology firm Group 42 Holding Ltd. (G42) planning to invest as much as $500 million (around P29.6 billion) in a new facility. Department of Information and Communications Technology (DICT) Secretary Henry Rhoel R. Aguda said G42, which expressed interest toward the
- Meralco sees interest from top power firms for 200-MW RE supply
SUBSIDIARIES of ACEN Corp., First Gen Corp., San Miguel Global Holdings Corp. (SMGP), and Aboitiz Power Corp. (AboitizPower) are looking to bid for Manila Electric Co.’s (Meralco) 200-megawatt (MW) renewable energy (RE) supply requirements. All 15 companies that expressed interest and attended Thursday’s pre-bid conference were major players in the country’s power sector. Ayala-led ACEN