The Court of Appeals has ruled in favor of Datem Inc., affirming the legality of freezing part of Megaworld’s assets pending resolution of a payment dispute.
Megaworld faces a setback as the Court of Appeals affirms a lower court order granting Datem Inc. the right to attach its assets amid unpaid construction claims.
The Philippines has secured a major renewable energy partnership as British investor Actis takes a significant position in Terra Solar, underscoring global confidence in the country’s solar power capacity.