News

SM Prime plans up to 6 upscale developments in next 5 years

LISTED real estate developer SM Prime Holdings, Inc. plans to launch up to six projects under its upcoming premium residential line within the next five years. “The pipeline is maybe five to six projects in the next five years,” SM Prime Holdings Executive Vice-President and Premium Residential Line Head Jose Juan Z. Jugo said in an interview with BusinessWorld. Mr. Jugo ide...

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KEPCO subsidiary gets BDO funding boost

CEBU, Philippines — Cebu-based power generator KEPCO SPC Power Corporation has committed to expanding its power generation capacity to meet the increasing demand for electricity in the coming years. To help support this growth, BDO Unibank Inc. (BDO) is extending financial assistance to KSPC — a move expected to benefit businesses, households, and communities across the region....

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Robinsons tops off Cybergate Dumaguete

CEBU, Philippines — Robinsons Offices, the commercial office arm of Robinsons Land Corporation (RLC), has officially topped off the Cybergate Dumaguete project. Located in the heart of Robinsons Dumaguete complex in Calindagan, this project marks Robinsons Offices’ expansion into its 13th key city and is expected to bring more job opportunities and support economic growth in Negros...

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NGCP: Higher ancillary service costs drive up April transmission charges

CONSUMERS will be seeing a noticeable increase in their April 2025 electricity bills due to a spike in Ancillary Service (AS) charges, according to the National Grid Corp. of the Philippines (NGCP). For the March 2025 billing period, AS charges rose by 16.05 percent to P0.8094/kWh, up from P0.6975/kWh in February. NGCP attributed the hike to the inclusion of the third tranche of payments for un...

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AI-powered lesson planning eases burden of ESL teachers

CEBU, Philippines — Vietnam-based Cebuano innovator Poppet C. Celdran has launched BridgeAI, a new educational technology startup that aims to transform the way Filipino English as a Second Language (ESL) teachers create lesson plans. BridgeAI is a subscription-based platform available at www.bridgeai.pro.  It uses artificial intelligence (AI) to help teachers quickly create ESL less...

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CDM: The rising business and lifestyle hub in Cebu’s SRP

Cebu’s skyline is evolving, and at its core is CDM (City di Mare), a 58-hectare master-planned township in South Road Properties (SRP), Cebu City. Positioned as the prime destination for businesses and modern living, CDM offers strategic advantages that set it apart. The evolution from City di Mare—CDM marks a transformative shift—one that reflects a modern, future-ready...

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