- First Gen Corp. expects to close P75-B Prime Infra deal this year
LOPEZ-LED power producer First Gen Corp. expects to close its P75-billion acquisition deal with Razon-led Prime Infrastructure Capital, Inc. (Prime Infra) this year as it seeks approval from the competition watchdog. “Closing of the transaction is expected to occur within the year,” First Gen said in a regulatory filing on Thursday. After signing an initial
- Megaworld to spend P10 billion on lifestyle malls in four provinces
MEGAWORLD Lifestyle Malls, the retail arm of Megaworld Corp., will invest about P10 billion to develop new lifestyle malls and commercial projects across several townships this year and next, adding more than 150,000 square meters (sq.m.) of gross floor area to its portfolio. “Stronger consumer spending continues to drive demand for quality commercial space, particularly
- SM Offices investing P1B in Cebu expansion
SM OFFICES, the commercial property arm of SM Prime Holdings, Inc., plans to add more than 60,000 square meters (sq.m.) of new leasable space worth about P1 billion at SM City Cebu Towers by the fourth quarter of 2026. “Cebu is a major economic hub because of its strong infrastructure, exceptional talent pool, and complete
- 4 energy players keen on Agus-Pulangi hydro rehabilitation
FOUR ENERGY players have expressed interest in rehabilitating the Agus-Pulangi hydroelectric power complex in Mindanao, according to state-run Power Sector Assets and Liabilities Management Corp. (PSALM).
- OceanaGold Philippines profit more than doubles on higher gold prices
OCEANAGOLD (Philippines), Inc. reported a more than twofold increase in net income to $76.5 million for 2025 from $30.3 million a year earlier, driven by higher revenues and strong gold prices. In a statement on Thursday, the listed miner said revenues rose 27.97% to $438.8 million from $342.9 million previously, supported by record average realized
- LRMC bets on new stations, upgrades to lift ridership to 450,000 by year-end
THE Light Rail Manila Corp. (LRMC), operator of Light Rail Transit Line 1 (LRT-1), expects to surpass its pre-pandemic ridership by the end of the year, driven by new stations and ongoing improvements. “Right now, we are at 440,000 (daily) on average, that is the equivalent to our pre-covid numbers. By the end of the
- Vitarich Corp. board approves Davao breeder farm acquisition
LISTED poultry integrator Vitarich Corp. (VITA) said its board has approved the final terms and conditions for the P280-million acquisition of breeder farm facilities in Davao del Sur. “Following this approval, the definitive agreement and the implementing contracts and documents of the foregoing acquisition are expected to be finalized, signed, and executed within the month
- Top Line opens eight new fuel stations in northern Cebu
CEBU-BASED fuel retailer Top Line Business Development Corp. said it has opened eight new fuel stations in Northern Cebu, expected to add up to 1 million liters in monthly sales capacity. The openings follow the completion of renovations on its acquired fuel retail network, which has been rebranded under Light Fuels Express, the company said
- How PSEi member stocks performed — February 19, 2026
Here’s a quick glance at how PSEi stocks fared on Thursday, February 19, 2026.
- Semirara Mining readies mine plan amid contract uncertainty
SEMIRARA MINING and Power Corp. (SMPC) said it is preparing a mine plan and taking measures to manage its capital as uncertainty surrounds the future of its coal operating contract (COC). In a disclosure on Wednesday, SMPC said mining, shipments, and power generation activities remain ongoing and unaffected despite the news that its request for