Companies

The Energy Regulatory Commission (ERC) said last week that it is completing the inspection of the assets and facilities of the Manila Electric Company (Meralco) before deciding on the electric utility’s petition to raise its average distribution charge by September this year. According to ERC Chairperson and CEO Francis Saturnino Juan, the agency has already started the evaluation and informal …

Private businessmen and bidders are not interested in the plan of the Philippines and the United States (US) State Department to develop a ₱2.5-billion information and communications technology (ICT) infrastructure in New Clark City, Capas, Tarlac. The IT hub and microchip processing plant are at the heart of the US-sponsored Pax Silica project to rationalize its supply chains of important …

Leaders of the telecom industry have realized that their efforts to defeat illegal networks and infrastructure theft should be firm and united. Converge ICT Solutions Inc. CEO and co-founder Dennis Anthony Uy disclosed that he has been meeting with other industry leaders recently to talk about the protection of telco assets. The meeting revolved around how the public and private …

Japanese businesses in the Philippines will soon experience a heightened adoption of solar energy solutions. This became clear as MSpectrum Inc., a subsidiary of Manila Electric Co. (Meralco), has formed a joint venture with two Tokyo-based firms to accelerate the solar adoption of Japanese businesses in the Philippines. The Meralco unit will establish MSpectrum Taiyo Inc. with Tokyo Century Corp. …

The Philippine Space Agency (PhilSA) and the Commission on Filipinos Overseas (CFO) have entered a partnership to advance space science and technology among Filipino youth and strengthen ties with the overseas Filipino community. The collaboration was made official through a Memorandum of Understanding (MOU) signed on June 18, by PhilSA Director General Gay Jane P. Perez, Ph.D., and CFO Chairperson …

The Securities and Exchange Commission (SEC) has proposed changes to debt securities rules that would simplify bond issuances, lower compliance costs and give companies faster access to long-term funding while maintaining investor protection standards. “Over the years, our public offering framework has largely evolved around equity issuances,” SEC Chairman Francisco Ed. Lim said in a statement. “While this approach responded …

Alibaba Cloud has been recognized as a leader in the “Omdia Market Radar: Agentic AI Cloud Titans in Asia & Oceania, 2026” report, achieving the highest ranking across six out of nine evaluative dimensions. The report highlights Alibaba Cloud as a true full-stack AI service provider that owns every critical layer of the agentic AI cloud stack, spanning infrastructure, development …

In celebration of World Environment Day 2026, Manila Water Foundation and La Mesa Ecopark hosted a youth-led environmental gathering under this year’s theme, #NowForClimate. The event kicked off with a special screening of the documentary “The Foresters: A Story of Climate Keepers” in partnership with MAD Travel, which inspired participants to write down their personal #ECOmmitments to responsible environmental stewardship. …

THE  Metropolitan Waterworks and Sewerage System (MWSS) welcomed the recognition of Manila Water Company’s Upper Wawa Dam as Water Project of the Year at this year’s Global Water Award. The  honor wad formally conferred to MWSS Administrator Leonor Cleofas during the sidelines of the Singapore International Water Week (SIWW) 2026 in Singapore. The award, organized by Global Water Intelligence (GWI), …

THE  Land Bank of the Philippines and the National Irrigation Administration (NIA) have formalized a strategic partnership aimed at boosting agricultural productivity and financial inclusion for farmers in irrigated areas.  Signed last  June 11 by LANDBANK President and CEO Lynette V. Ortiz and NIA Administrator Engr. Eduardo Eddie G. Guillen, the Memorandum of Agreement (MOA) aligns critical financing and irrigation …