Filipino firm Upgrade Energy Philippines (UGEP) is casting an ambitious target of 700 megawatts for rooftop and ground-mounted solar installations across commercial and industrial (C&I) customers that it is targeting to accomplish by 2028. So far, the first major project delivered by the...
Federal Land representatives received ‘Best Branded Residential Development (Asia)’ award at PropertyGuru Asia Property Awards held last Dec. 8, 2023 in Bangkok, Thailand. Federal Land Inc., a proud member of GT Capital Holdings, parlayed its multiple award wins at the Property Guru Philippines...
Balai ni Fruitas, the bakery subsidiary of Fruitas Holdings, is expanding its reach in the Visayas region by putting up a commissary in Tisa, Cebu City while continuing to increase capacity in Metro Manila. To fund these, Balai ni Fruitas informed the Philippine Stock Exchange (PSE) that it is...
MGen Renewable Energy Inc. (MGreen), a subsidiary of Manila Electric Company (Meralco), has completed its P15.9 billion acquisition of a controlling stake in SP New Energy Corporation (SPNEC). This comes after the Securities and Exchange Commission (SEC) approved the amendment to SPNEC’s articles...
The Lopez Group’s economic zone operator First Philippine Industrial Park (FPIP) has lined up various community-oriented initiatives to further improve conditions in the cities of Santo Tomas and Tanauan in Batangas. In a statement, the firm said this is part of its efforts to give back to the...
SAMANTHA PANLILIO is a real beauty and brains rolled into one. The former Miss Grand Philippines 2021 is also the chief operations officer of publicly-listed Boulevard Holdings, Inc. (BHI), the company behind luxury accommodation brand Friday’s in Puerto Galera, Boracay, and opening...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
The much-awaited giant initial public offerings (IPOs) of SM Prime Holdings’ real estate investment trust and Prime Infrastructure Inc. of billionaire Enrique K. Razon Jr. may not happen this year. In an online briefing, Abacus Securities Corporation Research Head Raymond Neil "Nicky" Franco...
DMCI Holdings Inc. is maintaining a cautiously optimistic outlook for 2024 even as the previous year was fairly good for the diversified engineering conglomerate despite being beset by global market uncertainties, volatile prices, and high interest rates. In a disclosure to the Philippine Stock...
Cirtek Holdings Philippines Corporation is venturing into the production of electric motorcycles and lithium-ion battery packs after receiving the green light from the Philippine Economic Zone Authority (PEZA) Board. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the...
Global Ferronickel Holdings Inc. reported that its subsidiaries, Platinum Group Metals Corporation (PGMC) and Ipilan Nickel Corporation (Ipilan), have secured an annual sale and purchase agreement with Baosteel Resources International Co. Ltd. (Baosteel) of China. In a disclosure to the Philippine...
Last Dec. 16, 2023, Families of overseas Filipino workers (OFWs) were treated to heartwarming moments, lively performances, and significant announcements at the annual Banco de Oro (BDO) Unibank Pamaskong Handog event at SM Fairview. SM Supermalls’ Senior Assistant Vice President for Marketing...