Nickel Asia President and CEO Martin Antonio G. Zamora and DMCI Mining President Tulsi Das C. Reyes The Consunji Group’s DMCI Mining Corporation, an emerging nickel producer, and Zamora-led Nickel Asia Corporation have teamed up to explore the feasibility of developing and operating a...
NLEX Corp., the private operator of North Luzon Expressway (NLEX), is set to begin construction on the ₱2.2-billion, two-kilometer elevated expressway that will connect NLEX Mindanao Avenue toll plaza to Quirino Highway in Quezon City. During a groundbreaking ceremony on Tuesday, March 4, Metro...
The local stock market rose further as investors picked up cheaper stocks ahead of Wednesday’s announcement of the inflation rate for February. The main index added 26.92 points or 0.45 percent to close at 6,064.11, led by the strength of the mining and banking sectors, while the conglomerate and...
Robinsons Land Corporation (RLC) retained the highest PRS Aaa rating, with a Stable Outlook, from Philippine Ratings Services Corporation (PhilRatings) for its outstanding bonds amounting to ₱30.4 billion. Obligations rated PRS Aaa are of the highest quality with minimal credit risk. The...
Fresh graduates-turned-team members, including those from engineering courses, cite management and culture as among the top reasons why it is good to work for AboitizPower. Aboitiz Power Corporation (AboitizPower) has been named Prosple’s “Top Employer for Fresh Graduates in the Energy...
The price of Ferronoux Holdings Inc. shares surged 49.53 percent to hit its intraday ceiling of ₱8 per share after the suspension in the trading of the stock was lifted by the Philippine Stock Exchange (PSE). The suspension was lifted after the firm submitted its comprehensive disclosure...
Ramon Ang-led oil firm Petron Corporation has reported a 16 percent year-on-year drop in its net income to ₱8.47 billion in 2024. In a statement on Tuesday, March 4, Petron noted that its operating income declined to ₱29.2 billion last year from ₱30.7 billion in 2023. Its revenues, on the...
The National Power Corporation (NPC) has sought approval from the Energy Regulatory Commission (ERC) to recover costs through incremental currency exchange rate adjustment (ICERA). A notice posted by the ERC showed that NPC has requested approval for the recovery of approximately ₱21 million,...
Robinsons Land Corporation (RLC), the Gokongwei Group’s property development unit, is planning to partner with electric vehicle (EV) and energy industry leaders to deploy 2,000 chargers across their various developments all over the country within five years. The firm said it has just launched...
Ninoy Aquino International Airport (NAIA) has launched an automated parking system that aims to significantly reduce waiting times and improve overall traffic flow within the country’s primary gateway. The airport’s private operator New NAIA Infra Corp. (NNIC) opened the system at Terminal 3 on...
Photo courtesy of National Museum SM Development Corporation (SMDC) is taking significant steps to support the preservation and accessibility of cultural heritage, demonstrating its commitment beyond real estate. This vision is embodied in its landmark ₱100 million commitment over the next three...
The Philippine Stock Exchange index (PSEi) recovered some ground but settled below the day’s high as investors bet on a lower inflation rate to be announced on Wednesday. The main index added 39.22 points or 0.65 percent to close at 6,037.19 as conglomerates led the advance while the services and...
