- Megaworld to invest P30B in office expansion
LISTED PROPERTY developer Megaworld Corp. plans to invest P30 billion over the next five years to expand its office portfolio and enhance its existing properties nationwide. “We are optimistic about the office sector in the Philippines, particularly as more international companies continue to enter the market, either to establish their presence or expand their operations
- JFC taps global banks for US dollar bond issuance
JOLLIBEE FOODS Corp. (JFC) plans to issue US dollar-denominated bonds to raise funds for its growth plans and debt reduction. In a stock exchange filing on Monday, JFC, through its wholly owned subsidiary Jollibee Worldwide Pte. Ltd., appointed J.P. Morgan Securities Asia Pte. Ltd. and Morgan Stanley Asia Pte. as joint global coordinators and bookrunners
- AI adoption key to customer engagement, says Twilio
By Beatriz Marie D. Cruz, Reporter PHILIPPINE businesses must adopt artificial intelligence (AI) tools to meet consumer demand for personalized experiences, said American cloud communications company Twilio. “I would argue that, in Asia as a whole — including the Philippines — you’re seeing a higher level of sophistication among consumers,” Nicholas Kontopoulos, vice-president of marketing,
- Vivant’s income up 3% to P2.4B in 2024
LISTED company Vivant Corp. reported an attributable net income of P2.4 billion for 2024, up 3% from the previous year, driven by growth in its energy business. “The year 2024 was a record year for Vivant Corp., led by its energy business, which saw double-digit growth in earnings,” Vivant Chief Executive Officer Arlo G. Sarmiento
- Globe, Gogolook partner to combat rising online scams
GLOBE TELECOM, Inc. has partnered with global TrustTech company Gogolook Co. Ltd. to provide free access to its call identification and spam-blocking application, Whoscall, to help combat rising scams and online threats. “Our partnership with Gogolook empowers our users with an added layer of security, equipping them with the tools they need to identify and
- Topline secures SEC final approval for April PSE debut
CEBU-BASED fuel retailer Top Line Business Development Corp. (Topline) has secured approval from the Securities and Exchange Commission (SEC) for its planned initial public offering (IPO). “Our listing is a key step to our continued expansion as part of our vertical integration strategy to sustain our rapid capital appreciation,” Topline Chairman, President, and Chief Executive
- PHINMA board OKs investment in community housing unit
LISTED conglomerate PHINMA Corp. said its board of directors had approved an investment of P250 million in its community housing unit. In a stock exchange disclosure on Monday, the company said its board approved investing in PHINMA Community Housing Corp. to fund capital expenditures, land acquisition, and other working capital needs. The board also approved
- How PSEi member stocks performed — March 24, 2025
Here’s a quick glance at how PSEi stocks fared on Monday, March 24, 2025.
- Meralco in talks with foreign firms for new nuclear energy partnership
MANILA ELECTRIC CO. (Meralco) is engaging with other foreign firms to explore small modular reactor (SMR) development after a feasibility study with a US company failed to progress, a company official said. “UltraSafe has been facing some financial challenges, which is why our partnership did not progress,” Ronnie L. Aperocho, Meralco’s executive vice-president and chief
- Cebu Landmasters sets P15-B capex for 2025
LISTED Cebu Landmasters, Inc. (CLI) is allocating approximately P15 billion for capital expenditures (capex) this year as it seeks to expand its portfolio. “Around P15 billion,” CLI Chief Operating Officer Jose Franco B. Soberano said during a media briefing in Makati City on Friday last week. This year’s capex is slightly higher than the P14.5