The German-Philippine Chamber of Commerce and Industry, Inc. (GPCCI) is calling on President Marcos to prioritize vital strategic reforms in his State of the Nation Address (SONA) on Monday. In a statement on Friday, July 19, GPCCI listed some needed reforms to sustain and enhance the bilateral...
Real estate giant Ayala Land Inc. is set to seal a P14-billion sustainability bond deal exclusively with the World Bank’s International Finance Corporation (IFC) on or before Friday, July 19, 2024. In an interview after the listing of the firm’s P6 billion ASEAN Sustainability bonds at the...
Clark Water, a subsidiary of Manila Water Philippine Ventures, is ramping up its efforts to combat rising energy costs and reduce its carbon footprint by expanding its solar power infrastructure. In a statement, Lyn Zamora, Clark Water’s general manager, said the water and wastewater service...
Alliance Global Group Inc. (AGI), the investment arm of tycoon Dr. Andrew Tan, expects its fast food, malls, and hotels businesses to post the strongest growth this year as consumer spending remains high. AGI President and CEO Kevin Andrew L. Tan During the firm’s annual stockholders’ meeting...
At least two port facilities that will support the development of offshore wind projects in the country are being proposed for inclusion in the General Appropriations Act (GAA) or the country’s national budget for next year. According to Energy Undersecretary Rowena Cristina L. Guevara, priority...
House of Investments, Inc., one of the major flagship corporations of the Yuchengco Group of Companies, announces notice regarding its Annual Stockholders' Meeting. The meeting will be held via remote communication on August 9, 2024, at 4:00 PM. Stockholders who intend to attend must notify the...
Prime Solar Solutions Corp., a unit of the Razon-led Prime Infrastructure Capital Inc., officially opened its 64-megawatt solar power facility in Maragondon, Cavite on Wednesday, July 17. In a statement, Guillaume Lucci, Prime Infra president and chief executive officer, said the completion of the...
Sy-led BDO Unibank Inc. has cut short the offer period for its third peso-denominated Association of Southeast Asian Nations (ASEAN) Sustainability Bond issue following strong demand from both retail and institutional investors. In a disclosure to the Philippine Stock Exchange (PSE), the bank said...
Razon-led Manila Water Co. Inc. is spending P577 million on an expansion project to enhance its services in Taguig City. In a statement, the water concessionaire said it is currently constructing the Long Term East 3 (LTE 3) Ruhale-Bambang Felix Line, which aims to extend services to over 700,000...
POLOMOLOK, South Cotabato – More residents of Geographically Isolated and Disadvantaged Areas here will be able to avail of quality health care services at the Polomolok East Community Clinic and the Polomolok FTS Center and Animal Bite Clinic with the turn over and inauguration of the renovated...
By JAMES A. LOYOLA A-FLOW Properties I Corp. (A-FLOW), a joint venture between AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure, has secured a P2.4-billion loan from the Land Bank of the Philippines (Landbank). A-FLOW said it had signed the loan agreement representing...
By JAMES A. LOYOLA The Consunji Group has begun unlocking synergies with its newly acquired Cemex Holdings Philippines Inc. (CHP), starting with an electricity supply agreement for APO Cement Corporation (APO) in Cebu. In a disclosure to the Philippine Stock Exchange (PSE) on Monday, July 15, CHP...
