Companies

Unilever Philippines and General Trias City  Bolster Community Livelihoods

Unilever Philippines, together with the City Government of General Trias and its City Social Welfare Development Office (CSWD), has officially launched a livelihood partnership, named GentriAsenso, a community-based skills and livelihood program aimed at creating additional income opportunities for General Trias residents. The collaboration was formalized through the signing of a Memorandum of Agreement (MOA), which was attended by 121 …

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UN Global Compact Network PH elects new officers 

Manila, Philippines — Global Compact Network Philippines (GCNP), the country network of the United Nations Global Compact, has elected a new set of officers for 2026–2027. GCNP’s new officers include: PLDT’s Chief Sustainability Officer Melissa Vergel de Dios as Chairman, Globe Telecom Head of Sustainability and Social Responsibility Apple Evangelista as Vice Chair, PTC Holdings Corp. Executive Director for Corporate …

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Mega Prime Foods and Charoen Pokphand Foods Break Ground on Zamboanga’s First World-Class Egg Layering Facility

Mega Prime Foods Inc. (MPFI), the company behind the Philippines’ leading sardines brand Mega Sardines, marks a significant milestone in its growth journey as it expands beyond seafood and into agriculture through a landmark partnership with global agro-industrial leader Charoen Pokphand Foods (CPF). The two companies recently broke ground on the Mega CP Layer Complex in Zamboanga City, positioning the region …

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GSIS to Release Over P19B in Loan Refunds for 1.37M Members, Pensioners

The Government Service Insurance System (GSIS) will release more than P19 billion under its Balik Ginhawa (Loan Moratorium Through Refund) program, benefiting 1.37 million members and pensioners with active loan accounts. GSIS data show that monthly loan amortizations range from ₱4,000 to ₱39,000, depending on the loan amount, equivalent to roughly ₱12,000 to ₱117,000 over three months. The program covers …

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Malampaya to deliver gas by 4th quarter

Prime Energy Resources Development B.V., the operator of the Malampaya deep water gas-to-power project, said it is on track to start producing gas by the first quarter this year following the completed drilling of one of the wells. Prime Energy said it had a successful drilling, completion, and flow test of the Camago-3 well in offshore Palawan. According to the …

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PAL suspends 5 more routes

Philippine Airlines is temporarily suspending flights on five more routes — two international and three domestic — as the Middle East conflict continues to rattle the aviation sector. The flag carrier announced on March 26, that it will suspend its Cebu-Guam flights starting April 16 and Cebu-Ho Chi Minh City service beginning April 19, both until further notice. The Ho …

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PEZA: Key to national economic resilience

The Philippine Economic Zone Authority (PEZA) marks its 31st anniversary with renewed optimism, highlighting its enduring role as a cornerstone of the country’s investment strategy and economic resilience. Established in 1995, PEZA has grown into one of the Philippines’ most effective investment promotion agencies, credited for attracting billions of dollars in foreign direct investments and generating millions of jobs across export-oriented industries. From its …

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90th SM mall opens

SM Prime Holdings Inc. will open its 90th mall in the country on March 20, boosting further its retail presence in Mindanao. SM City Zamboanga, SM’s eight mall in Mindanao, is a four-level development that will add more than 42,000 square meters of gross leasable space to Zamboanga City’s retail landscape. “Zamboanga is a strong and growing market. This expansion …

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DMCI allocates P24.6 B capex

DMCI Holdings Inc. plans to spend P24.6 billion this year to support residential construction, expansion in the off-grid power and strategic improvements in cement operations. DMCI Homes is expected to account for 65 percent of aggregate capital expenditures, with up to P15.5 billion allocated for ongoing and new project construction and land banking, subject to market conditions. DMCI Power intends …

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MREIT’s P16.2B asset infusion OK’d

MREIT Inc., the real estate investment trust of Megaworld Corp., has secured regulatory approval ahead of schedule for its fourth wave of asset acquisitions. This allows the firm to proceed with a major expansion of its office portfolio. In a disclosure on Thursday, MREIT said the Securities and Exchange Commission cleared its Wave 4 property-for-share swap transaction. This paves the …

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