The water levels of Angat Dam, Ipo Dam, and Bustos Dam, all in the province of Bulacan, continue to drop, prompting the province's government agencies to prepare for the effects of a severe dry season. Bulacan Provincial Disaster Risk Reduction and Management Office (PDRRMO)...
Filipino firm Alternergy has secured water permit for its 7.4-megawatt Ibulao2 run-of-river hydro power project in Ifugao province, a key government requirement for the facility to advance to its commercial development stage. According to Eduardo Martinez Miranda, president and CEO of Ibulao Mini...
There's a brand new version of the controversial Maharlika Investment Fund (MIF), one that apparently has President Ferdinand "Bongbong" Marcos Jr.'s nod. (Mari Gimenez/ Unsplash) Economist-solon Albay 2nd district Rep. Joey Salceda, one of the people who crafted this new MIF, discussed in an ANC...
Angat Dam (PHOTO COURTESY OF DENR) Angat and Ipo dams in Norzagaray, Bulacan stopped releasing excess water on Sunday, Jan. 8 as water levels were “slowly decreasing,” said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). Based on its monitoring, PAGASA...
Residents living along the low-lying areas near Angat River, particularly those in Norzagaray, Angat, San Rafael, Bustos, Baliuag, Pulilan, Plaridel, Calumpit, Paombong and Hagonoy were once again warned of possible flooding. Angat Dam (Photo courtesy of DENR) In a flood situationer issued on...
The state weather bureau, on Friday morning, Jan. 6, warned residents living in low-lying areas and those near the riverbank of Angat River from Norzagaray and Hagonoy to be vigilant against possible flooding due to the rise in river elevation. Angat Dam (Jansen Romero / Manila Bulletin) The...
Aboitiz Power Corporation is evaluating the "premium" it could generate from the planned initial public offering (IPO) of its subsidiary, Aboitiz Renewables Inc. (ARI), which houses the various renewable energy assets of the group. According to Aboitiz Power Chief Financial Officer Liza Luv T....
Another renewable energy firm is planning to go public. The Securities and Exchange Commission said it has officially received the registration statement of Alternergy Holdings Corporation (AHC) for a planned initial public offering worth up to P2.18 billion. Alternergy was founded by a management...
ORCA Cold Chain Solutions, a local cold storage firm, is planning an initial public offering worth up to P1.5 billion prior to listing at the Philippine Stock Exchange’s Small, Medium and Emerging Board. Based on the prospectus provided by the company, it is planning to offer a total 1.48 billion...
The Securities and Exchange Commission (SEC) has approved the planned P3.5 billion initial public offering (IPO) of Bank of Commerce and the P60-billion fixed-rate bonds of its parent company San Miguel Corporation (SMC). The Commission En Banc resolved to render effective the registration...
Citicore Energy REIT Corporation (CREIT) has firmed up its initial public offering (IPO) price at P2.55 per share after it received its permit to sell (PTS) from the Securities and Exchange Commission (SEC) on Wednesday, Feb. 2, for its float of 2,181,819,000 common shares, with an over-allotment...
Citicore REIT Corporation (CREIT), a subsidiary of Megawide-affiliated Citicore Power Inc., has secured the approvals of the Securities and Exchange Commission (SEC) and the Philippine Stock Exchange (PSE), for its real estate investment trust (REIT) listing which will be a trailblazing offer for...
