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Mega for Mega

Business World Philippines

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June 26, 2025

The canned fish company is crossing its t's and dotting its i's in preparation for an IPO

FOR its 50th anniversary this month, Mega Prime Foods, Inc. (MPFI) — the company behind the Mega sardines brand, among other canned goods and bottled sauces — tapped “Megastar” Sharon Cuneta as its latest brand ambassador.

On June 6, at Shangri-La The Fort in Bonifacio Global City, celebrity singer/actress Ms. Cuneta sang one of her hits, “Maging Sino Ka Man,” as well as the new jingle for Mega Sardines, “Pangako ng Mega,” to the tune of her own hit, “Kahit Maputi na ang Buhok Ko.”

A new commercial by Ms. Cuneta also announced the Mega Milyonaryo raffle, which will give away around P50 million in prizes (with five winners of P1 million each).

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

PCC clears NTT UD Asia stake in Cebu Landmasters’ Luzon arm

THE PHILIPPINE Competition Commission (PCC) has cleared Singapore-based real estate firm NTT UD Asia Pte. Ltd. to acquire a 40% stake in Cebu Landmasters, Inc’s (CLD Luzon subsidiary, CLI Luzon Ventures, allowing the Visayas-Mindanao developer to proceed with its planned residential and mixed-use expansions in Luzon.

time to read

1 min

January 14, 2026

Business World Philippines

Solar Philippines faces P24-B penalties over terminated RE contracts

SOLAR PHILIPPINES Power Project Holdings, Inc. is facing P24 billion in fines for its failure to deliver nearly 12,000 megawatts (MW) of renewable energy (RE) over the last two years, according to the Department of Energy (DoE).

time to read

2 mins

January 14, 2026

Business World Philippines

FDI net inflows fall 40% in October

NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged nearly 40% year on year in October, as foreigners’ net investments in debt instruments slumped.

time to read

3 mins

January 14, 2026

Business World Philippines

Philippines inks FTA with UAE

THE PHILIPPINES and the United Arab Emirates (UAE) signed on Tuesday a landmark free trade agreement (FTA) which is expected to boost Philippine exports to the Gulf state by more than 9.13%, expand market access, and create new opportunities for Filipino professionals and businesses.

time to read

1 mins

January 14, 2026

Business World Philippines

GSIS studies PSE proposal to revive stock investment loans

THE Government Service Insurance System (GSIS) said it is studying the Philippine Stock Exchange's (PSE) proposal for state-run pension funds to revive stock investment loans and other financial products, with a framework that emphasizes member protection and operational oversight.

time to read

1 mins

January 14, 2026

Business World Philippines

Business World Philippines

Philippines targets 4.3% of GDP for infrastructure spending this year

THE DEPARTMENT of Budget and Management (DBM) cut its infrastructure spending target to 4.3% of gross domestic product (GDP) this year from 5.1% previously, as a corruption scandal weighed on government spending and economic growth last year.

time to read

3 mins

January 14, 2026

Business World Philippines

Infra spending, consumption expected to stay weak — HSBC

THE ECONOMY may struggle to reach its potential this year as the flood control corruption scandal continues to dampen infrastructure spending, with corresponding spillover effects on consumption, HSBC Global Investment Research said.

time to read

2 mins

January 14, 2026

Business World Philippines

AC Health opens first St. Joseph Drug store in Metro Manila

AYALA HEALTHCARE Holdings, Inc. (AC Health) opened the first St. Joseph Drug branch at Healthway FEU-NRMF Medical Center in Quezon City, marking the chain’s entry into Metro Manila.

time to read

1 min

January 14, 2026

Business World Philippines

Business World Philippines

Tropang 5G eye early finals slot against embattled Bolts

QUALIFYING for the PBA Season 50 Philippine Cup finals as early as possible would offer extra time for the players to recover and recharge while waiting for their opponent.

time to read

2 mins

January 14, 2026

Business World Philippines

Former world number three Raonic hangs up his racket

CANADA'S former world number three Milos Raonic announced his retirement from tennis at the age of 35 on Sunday after winning eight ATP tour titles and more than $20 million in prize money over a decade and a half on the circuit.

time to read

1 min

January 14, 2026

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