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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PHL shipbuilding opportunities cited
The Philippines received a business delegation from Northern Poland to explore possible collaboration in maritime investments, including shipbuilding, the Philippine Economic Zone Authority (PEZA) said. “The participation of the West Pomeranian delegation — representing shipbuilding, maritime logistics, industrial engineering, and construction — underscores Poland’s growing interest in the Philippines as a strategic investment hub in the region,” PEZA Director General …
Read More »PHL turns to China, Russia for fertilizers
With the Philippine rainy season already in the offing and farmers are readying to plant their crops, particularly rice which is the principal agricultural produce for Filipinos, the problem of fertilizer supply has once again surfaced. This developed as the three-week war between Israel and the United States on one side and Iran on the other showed no signs of …
Read More »LANDBANK digital transactions hit P4.41T, up 30% in 2025
LANDBANK continues to push a cash-lite economy through its Cash-Lite Campus Program by enabling students to open LANDBANK accounts via the Mobile Banking App (MBA) and equipping campus partners and merchants with digital payment systems. Public trust in digital banking continued to strengthen in 2025 as LANDBANK recorded a 27% rise in the usage of its digital platforms. The Bank …
Read More »Felicidad Sy Foundation Unveils Digital Transformation Center
Silang Cavite – The Felicidad T. Sy Foundation Inc. recently unveiled the Felicidad Sy Hall, a Digital Transformation Center at the Sisters of Mary School. The facility is designed to equip students with industry-relevant skills in areas such as artificial intelligence, automation, cloud computing, and data analytics, strengthening their readiness for the evolving workforce. The project is a collaboration among …
Read More »ALPLA celebrated the opening of its plant in Calamba City
State-of-the-art machinery for the production of plastic bottles and closures ALPLA is opening its first base plant in the Philippines, thereby expanding its portfolio in the growth region of Asia-Pacific (APAC). Since summer 2025, the global packaging specialist has been manufacturing high-quality plastic bottles and closures in Calamba City. On 19 March 2026, ALPLA celebrated the official opening of the plant together with 80 guests. …
Read More »PDIC hits 2025 target for bank asset plans
The Philippine Deposit Insurance Corporation said last week it completed the filing of 46 asset distribution plans (ADPs) with liquidation courts nationwide last year, meeting its full-year goal and speeding up payouts to creditors of closed banks. The filings include 20 final ADPs and 26 partial ADPs, each detailing how bank assets will be allocated based on their estimated realizable …
Read More »PHILGUARANTEE, Sterling Bank sign housing retail guarantee deal
Philippine Guarantee Corporation and Sterling Bank of Asia have signed a ₱5-billion housing retail guarantee facility to widen access to home financing for Filipino families. The agreement was inked on March 17 at the Sterling Bank of Asia Head Office in San Juan City by PHILGUARANTEE President and CEO Alberto Pascual and SVP Teresito Cayo Butardo, joined by Sterling Bank …
Read More »BDO, 2GO partner to ease Kabayan connections
BDO Unibank has renewed its partnership with 2GO to make shipping and travel more affordable and convenient for overseas Filipinos and their families. Through the collaboration, BDO Kabayan Savings accountholders can access exclusive discounts on 2GO’s shipping and travel services, reflecting a shared commitment to “Alagang Kabayan”—care for Filipinos abroad. “At BDO, we’ve always believed in finding ways to make …
Read More »LANDBANK, LMP ink accord to boost municipal development
LANDBANK has formalized a partnership with the League of Municipalities of the Philippines to enhance access to development financing and technical support across 1,486 municipalities nationwide. The collaboration, cemented through a Memorandum of Agreement during the LMP 1st General Assembly on March 9 in Pasay City, was signed by LANDBANK Executive Vice President Charlotte I. Conde and LMP National President …
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