DAVAO CITY – A mining firm operating in Davao Oriental has donated an additional P500,000 educational assistance for students of Davao Oriental State University (DOrSU) on November 30. DorSU President Dr. Roy Ponce, who personally received the check, said the amount is already the second...
Real estate firm Pueblo de Oro Development Corporation is planning to launch P18.2 billion worth of projects to capitalize on the ongoing resurgence of the real estate market. In a statement, the company said the P18.2 billion will be invested in more housing projects in key locations,...
The Gotianun Group’s property development arm Filinvest Land Inc. (FLI) has successfully raised P11.43 billion in fresh capital from the bond market to fund capital expenditures and refinance debt. In a disclosure to the Philippine Stock Exchange (PSE), FLI said its 3.5-year peso fixed-rate...
Another transmission project of the National Grid Corporation of the Philippines (NGCP) in the Visayas grid - the 138-kilovolt Panay-Guimaras interconnection project - will be facing delays due to a temporary restraining order (TRO) issued by the Supreme Court. According to the company, the TRO...
Ayala-led ACEN Corporation has inked P20 billion worth of term loan facility that will be used mainly to bankroll ongoing renewable energy (RE) projects as well as for general corporate purposes. According to the company, the debt facility has 10-year repayment term, but the lender-banks have not...
Renewable energy firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, is scheduling the second tranche of its ASEAN green bond offering with target proceeds of P10 billion that will continually bankroll the company’s projects. In a disclosure to the...
Saving money is a smart way to achieve goals and secure the future. But without the right mindsets, it can be very challenging. “ Your beliefs become your thoughts Your thoughts become your words Your words become your actions Your actions become your habits Your habits become your values...
The Philippine Amusement and Gaming Corp. (Pagcor) reported that the gross gaming revenues (GGR) from gambling operations in the country have exceeded their pre-pandemic levels in the first nine-months of the year. From January to September this year, the country's total GGR reached P205.15...
The Securities and Exchange Commission (SEC) has allowed the Philippine Stock Exchange Inc. (PSE) to negotiate its planned acquisition of additional shares in Philippine Dealing System Holdings Corporation (PDS Group) despite ownership limits. This developed as the Commission En Banc has...
Industrial real estate developer AyalaLand Logistics Holdings Corp. (ALLHC) reported that it has completed the land development works for Phase 1 of the Laguindingan Technopark, the first industrial park in Mindanao. In a statement, the firm said the Technopark forms part of Ayala Land's...
The Department of Energy (DOE) has prequalified at least eight (8) bidders in the scheduled competitive selection process (CSP) or tendering for the electrification of at least 98 off-grid sites covering 15,645 households. These firms which will be joining the Microgrid Service Provider (MGSP)...
NLEX Corporation was given an "Investors in People (IiP)" platinum certification by the IiP Philippine branch for its compliance to developing its people management standards. The IiP, which originated in the United Kingdom, is an organization that confers a "people management business...
