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  1. Citicore secures P6.7-B Indonesian RE infusion

    Citicore secures P6.7-B Indonesian RE infusion

    The deal marks Pertamina NRE’s entry into the Philippine market, which BloombergNEF has ranked as the second most attractive emerging market for renewable…

    Maria Bernadette Romero · 10 January 2025 · 2 min read

  2. Phinma completes P150-M brokerage arm acquisition

    Phinma completes P150-M brokerage arm acquisition

    PIBI offers life, non-life and HMO insurance products through partnerships with domestic and international insurers.

    Maria Bernadette Romero · 10 January 2025 · 1 min read

Megawide Construction Corp.

Megawide takes full Clark airport control

Combined with a separate acquisition of shares from GMR Infrastructure (Singapore) Pte. Ltd., the joint venture is now a wholly owned subsidiary of Megawide.

Maria Bernadette Romero · 10 January 2025 · 1 min read

  • NAIA T1 opens arrival curbside to all vehicles

    NAIA T1 opens arrival curbside to all vehicles

    In an effort to enhance accessibility for all travelers, not just VIPs, the New NAIA Infra Corp. (NNIC), the private operator of Ninoy Aquino International…

    Anthony Ching · 10 January 2025 · 2 min read

  • Phinma completes P150-M insurance brokerage arm acquisition

    Phinma completes P150-M insurance brokerage arm acquisition

    PHINMA Corp., a diversified investment company headed by businessman Ramon Del Rosario, now fully owns its brokerage arm, PHINMA Insurance Brokers, Inc.…

    Maria Bernadette Romero · 10 January 2025 · 1 min read

  • Megawide bags P1.87-B Cavite bus contract

    Megawide bags P1.87-B Cavite bus contract

    Megawide Construction Corp., led by businessman Edgar Saavedra, and its partner Maplecrest Group Inc., will build a P1.87-billion bus transportation system…

    Maria Bernadette Romero · 9 January 2025 · 1 min read

  • Chinabank raising P100B until 2028

    Chinabank raising P100B until 2028

    The bank’s Board of Directors approved the fundraising exercise on 8 January 2025 with proceeds used to support Chinabank’s strategic initiatives and expansion…

    Kathryn Jose · 9 January 2025 · 1 min read

  • RFM declares P200-M dividends

    RFM declares P200-M dividends

    The Dow ended the year up around 13 percent, while the S&P 500 and the Nasdaq — which have more tech stocks — climbed over 23 percent and around 29 percent,…

    Raffy Ayeng · 9 January 2025 · 2 min read

  • LRT-1 fare adjustment looms

    LRT-1 fare adjustment looms

    The public will have to wait a month for the Department of Transportation’s (DoTr) Rail Regulatory Unit (RRU) to decide on the Light Rail Manila Corp.’s (LRMC)…

    Maria Bernadette Romero · 9 January 2025 · 2 min read

  • NNIC warns vs missing luggage auctions

    NNIC warns vs missing luggage auctions

    The New NAIA Infrastructure Corp. (NNIC) warned the public against fraudulent online accounts which advertise the sale of supposedly “missing luggage” at the…

    Anthony Ching · 9 January 2025 · 1 min read

  • Costly board seat

    Costly board seat

    The Commission on Audit stated in a 2023 report that GSIS had invested P34.5 billion to secure 11.56-percent ownership of MPIC.

    DT · 9 January 2025 · 3 min read

  • LRT1 commuters face possible fare hike

    LRT1 commuters face possible fare hike

    Since its privatization in 2015, LRMC has filed fare adjustment petitions in 2016, 2018, 2020, and 2022, but all were deferred.

    Maria Bernadette Romero · 9 January 2025 · 1 min read

  • Fare hike looms for LRT 1 commuters

    Fare hike looms for LRT 1 commuters

    Long-distance passengers traveling more than 16 kilometers could experience an average increase of P12.50.

    DT · 8 January 2025 · 1 min read

  • P72-M illegal drugs intercepted at NAIA

    P72-M illegal drugs intercepted at NAIA

    Authorities seized 10.706 kilograms of suspected methamphetamine hydrochloride, or shabu, with an estimated street value of P72,800,800 at Ninoy Aquino…

    Anthony Ching · 7 January 2025 · 1 min read

  • NAC sells stake in Coral Bay Nickel amid volatility

    NAC sells stake in Coral Bay Nickel amid volatility

    Nickel Asia Corp. (NAC) is divesting its minority stake in Coral Bay Nickel Corp. (CBNC) to address ongoing financial constraints amid market volatility.

    Maria Bernadette Romero · 7 January 2025 · 1 min read

  • Tarlac landfill operator still runs amid CA’s 60-day TRO

    Tarlac landfill operator still runs amid CA’s 60-day TRO

    Despite the 60-day temporary restraining order (TRO) that the Court of Appeals issued at the contested Kalangitan Sanitary Landfill in Capas, Tarlac, its…

    Raffy Ayeng · 7 January 2025 · 2 min read

  • Supreme Court (SC)

    Defiant Sobrepeña amid SC ruling, ‘unimaginable’

    ‘Those previously signed up with CJH DevCo have started talking to BCDA. There will be new terms under BCDA’

    Raffy Ayeng · 6 January 2025 · 3 min read

  • Bureau of the Treasury (BTr)

    BTr awards P22-B T-bills on lower rates

    Total bids surged to P71 billion or 3.2 times bigger than the programmed total offer by the government agency

    Kathryn Jose · 6 January 2025 · 2 min read

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