The Securities and Exchange Commission (SEC) has issued a cease and desist order (CDO) against the Fortune Wave Group and the PU Prime Group (Pacific Union LLC, PU Prime Philippines, and PU Prime Support PH) for soliciting investments from the public without the necessary approvals from the SEC. In...
A global investment company has committed to invest in the Philippines' bid to regain its footing in the global shipbuilding industry. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) President Ferdinand "Bongbong" Marcos Jr. revealed that Cerberus Global Investment LLC, a...
Philippines' ASEAMETRICS has formed a new strategic partnership with ESM, LLC, a software and consulting firm headquartered in greater Boston, Massachusetts, USA. ESM offers a suite of easy-to-use solutions that provide an automated system in formulating, implementing, measuring, and improving...
A waste-to-energy consortium is investing $200 million for its state of the art waste-to-energy (WTE) project in Clark. In a statement, of Metro Clark Waste Management Corp (MCWM) and Plambeck-Emirates Global Renewable Energy LLC said the project will pave the way for waste-to-energy...
To secure its future as a low cost carrier (LCC), Cebu Air Inc. (Cebu Pacific or CEB), has obtained US$250 million fresh funds from the International Finance Corporation (IFC), the IFC Emerging Asia Fund, and Indigo Philippines LLC, an affiliate of Indigo Partners LLC. The investment of the triad,...
State-run Philippine National Oil Company (PNOC) has inked a deal with American firm New Fortress Energy LLC (NFE) for the setting up of liquefied natural gas (LNG) installation in the country. In a statement to the media, the Department of Energy (DOE) qualified that the memorandum of...
