Companies

The Philippine Competition Commission (PCC) has approved the sale of three power plants owned by the Power Sector Assets and Liabilities Management (PSALM) Corporation. Changing ownership are the Caliraya Hydroelectric Power Plant, Botocan Hydropower Plant and Kalayaan Pumped Storage Power Plant (KPSPP) from PSALM to Cleanergy 9 Power Inc., which is owned by the Thunder Consortium comprised of Aboitiz Renewables …

Globe Telecom will again offer its popular Flagship Forever, the upgrade program which benefits loyal customers who are in the market for the latest iPhone models to go with their Globe. The new offering puts the newest lineup within easy reach, including the iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max, with matching flexible plans. With …

HONOR Philippines officially unveiled the HONOR X9d 5G on New Year’s Day—and everybody in local cyberspace took notice. Touted as the brand’s toughest smartphone yet, the device quickly went viral as top creators like Malupiton, Ser Geybin, Jomar Yee, and KaMangyan Vlogs shared jaw-dropping first looks and reactions across social media. But HONOR didn’t stop at influencer hype. To prove …

THE Social Security System (SSS) announced last Saturday that it has set various programs up for implementation in 2026 primarily aimed at benefiting its millions of members nationwide. By September next year, the System will carry out the second to the last tranche of the Pension Reform Program for another round of pension increase. This was announced by SSS President …

Manila Water said on Friday it continues to meet government wastewater standards across all its sewage treatment plants, posting 100-percent compliance in November 2025 and consistently surpassing the 95-percent regulatory target. This achievement underscores its commitment to safeguarding rivers and communities through responsible wastewater management, the company said in a statement. The standards cover key indicators such as biochemical oxygen …

Tecon Suape S.A. (TSSA), International Container Terminal Services, Inc.’s (ICTSI) business unit in Pernambuco, Brazil, is once again recognized as one of the country’s leading environmentally responsible port facilities after receiving the 2025 Ocean Friend seal. The award underscores the company’s commitment to sustainability and ocean protection. The award was presented at Suape Conecta, an event organized by the Suape Port Industrial …

Manila Water is encouraging customers across the East Zone to start 2026 with a clean and healthy home environment as the company releases its desludging schedule for January 2026. The company continues to remind customers that regular septic tank cleaning is essential in safeguarding both household hygiene and community sanitation, especially at the beginning of the year when many families …

The Manila International Container Terminal (MICT), the flagship facility of International Container Terminal Services Inc. (ICTSI) and the Philippines’ leading international trade gateway, handled a record three million twenty-foot equivalent units (TEUs) in 2025—the first time the terminal has reached that level in a single year. The record container was handled on December 22, when the terminal serviced the container …

The Securities and Exchange Commission (SEC) has issued a revised regulatory framework shoring up its regulatory function and improving the accuracy, timeliness and truth about beneficial ownership (BO) disclosures of firms. In a statement released Tursday, the SEC said it issued Memorandum Circular No. 15, Series of 2025 on Dec. 22 that paves the way for the issuance of revised …

Vital public services are expected to be negatively affected with the government’s policy or propensity to scale down its subsidies to government-owned and -controlled corporations (GOCCs). Data from the Bureau of Treasury showed that these subsidies fell 38.91% year on year in November. Budgetary support to state-run firms totaled P7.47 billion in November. Month on month, GOCC subsidies fell 16.23%. In …