JG Summit Holdings Inc., the flagship of the Gokongwei Group, has raised P12.38 billion from the sale of 36 million shares of Manila Electric Company (Meralco) through an overnight block trade. In a disclosure to the Philippine Stock Exchange, the firm said its Board of Directors had approved the...
German firm Siemens Energy is projecting that economies in the Asia Pacific region will immensely propel energy demand growth within the stretch of two decades or until year 2040. Brian Byrne, senior vice president of Siemens Energy Asia Pacific Hub, said “Asia Pacific’s growth aspirations will...