The Aurora Pacific Economic Zone and Freeport Authority (APECO) has entered into a tripartite agreement with South Korea’s Yooshin Engineering Corporation and the Philippines’ Lordsbridge Resources Corporation to develop the Casiguran International New Port in Aurora. The memorandum of agreement was signed Tuesday by APECO President and CEO Atty. Gil Taway IV, Yooshin Director and Philippine Regional Representative Jin Ho …
Read More »Companies
Meralco income up 14% to P40-B on strong power generation gains
The Manila Electric Company (Meralco) reported a 14-percent increase in consolidated core net income (CCNI) to ₱40 billion as of end-September 2025, driven by strong performance of its power generation business. In a disclosure to the Philippine Stock Exchange on Monday, Meralco said its distribution utility (DU) business remained the biggest income contributor, accounting for 55 percent or ₱21.9 billion …
Read More »GSIS underscores strict governance, transparency in managing members’ funds
The Government Service Insurance System (GSIS) assured the public on Thursday that its investment operations are guided by strict governance standards and multiple layers of safeguards to ensure the prudent management of its members’ contributions. Speaking at *The Agenda* media forum, GSIS President and General Manager Wick Veloso emphasized that transparency and discipline are at the core of the pension …
Read More »Maya Unveils ‘Maya Stocks’
Maya Philippines Inc. has launched Maya Stocks, a new feature that allows users to participate in initial public offerings (IPOs) directly through the Maya app — making investing in newly listed companies faster and easier than ever. The fintech firm said upgraded users can now open and fund a brokerage account within minutes, view available IPOs, and subscribe through participating …
Read More »PAGCOR, NPC forge partnership to strengthen data privacy in gaming sector
The Philippine Amusement and Gaming Corporation (PAGCOR) and the National Privacy Commission (NPC) have signed a memorandum of understanding (MOU) to strengthen data privacy protection and ensure regulatory compliance across the gaming industry. In a statement last week, PAGCOR said the agreement, signed on October 20, aims to address data privacy challenges, enhance stakeholder collaboration, and promote a secure and …
Read More »Treat, Not Trick – Shop with the Best Value this Halloween at MR.DIY
Halloween is here, and your favorite go-to store is making it extra fun and budget-friendly for everyone! Whether you’re preparing for a night of trick-or-treating, hosting a themed party, or simply bringing a touch of spooky cheer to your home, MR.DIY has everything you need to celebrate the season with style and savings. From fun accessories to charming décor, MR.DIY’s …
Read More »PAGCOR, PCSO join forces to boost emergency healthcare nationwide
The Philippine Amusement and Gaming Corporation (PAGCOR) and the Philippine Charity Sweepstakes Office (PCSO) have joined hands to enhance the country’s emergency healthcare system through a ₱141-million donation of 70 Patient Transport Vehicles (PTVs). The partnership was formalized during a Memorandum of Agreement (MOA) signing held at the PAGCOR Corporate Office in Pasay City on October 15, 2025. The vehicles …
Read More »TMP says fiscal incentives sustain growth of local automotive industry
Toyota Motor Philippines Corporation (TMP) credited fiscal incentives and supportive government policies for helping local manufacturers stay competitive and sustain growth in the automotive industry. In a statement sent to the media, TMP said it measures government initiatives by their impact on strengthening local manufacturing and the parts supply chain. “Fiscal incentives on investments in local capabilities, as well as …
Read More »A New Chapter Begins: Eton City Welcomes the University of the East to the South
Eton Properties marked another milestone as it officially broke ground on the University of the East’s (UE) first campus in the South, located within the 600-hectare Eton City in Sta. Rosa, Laguna. From its inception, Eton City was envisioned as more than just a place to live. It was designed as a complete and connected community where families can grow, …
Read More »Spain-based firms to help develop food, cold chain hub in Aurora
Spain-based firms are set to assist in developing a food and cold chain logistics hub inside the Aurora Pacific Economic Zone and Freeport Authority (APECO) in Casiguran, Aurora. APECO president and CEO Gil Taway said the project, which will cover five to 10 hectares, was among the key topics discussed with Spanish engineering firm IDOM Consulting, Engineering, Architecture S.A.U., and …
Read More »
The Market Monitor Minding the Nation's Business