Transportation (DOTr) Secretary Art Tugade has opened the P145.371 million bike lane in Davao City which spans 54.744 kilometers. IMG-84fb969d7d4152ffeea4bedb041b6061-V It was part of the government's P1.09 Billion Bayanihan Bike Lane Networks project, 497 kilometers of pavement markings, physical...
The Securities and Exchange Commission (SEC) has extended the deadline to August 31, 2021 for corporations, partnerships, and individuals under its supervision to designate and submit their official email addresses and mobile phone numbers. In a notice issued on July 15, the Commission announced...
The Philippine National Railways (PNR) Calamba Project, the ₱344.6 billion South Commuter train line, will generate over 10,000 direct jobs once its construction starts next year, Department of Transportation (DOTr) Secretary Arthur Tugade last night (July 13) announced. PNR CALAMBA PROJECT (2)...
Leading oil firm Petron Corporation will be issuing P50 billion worth of peso-denominated fixed rate bonds – and the initial tranche to be offered to the public will be P18 billion. In a disclosure to the Philippine Stock Exchange (PSE), the oil company emphasized that it will slate P50 billion...
The Securities and Exchange Commission (SEC) has revoked the Certificate of Authority (CA) of KingABC Lending Corporation, which runs online lending platforms, to operate as a lending company because of its unfair debt collection practices. In an order, the SEC Corporate Governance and Finance...
Alcantara-led Alsons Consolidated Resources Inc. has secured the approval of the Securities and Exchange Commission (SEC) on its proposed P2.0 billion worth of 182-day Series O commercial papers (CP) issuance. “The foregoing commercial papers represent the first tranche of commercial papers that...
The Securities and Exchange Commission (SEC) is planning green financing option for the $13 billion worth of renewable energy (RE) investments in the next four years to pace the country toward a decarbonized future. “Our country needs around $13 billion for renewable energy investments by 2025...
The Securities and Exchange Commission (SEC) will be requiring public companies and registered issuers to submit an Annual Corporate Governance Report (ACGR) soon. In a statement, the commission said this is part of its efforts to develop a strong corporate governance culture in the country....
Ayala-led AC Energy Corporation (ACEN) will be paying P419.075 for the shares subscription it sealed with subsidiary firm Buendia Christiana Holdings Corporation (BCHC), a special purpose company engaged in the acquisition of potential project sites. In a disclosure to the Philippine Stock Exchange...
The targeted P15 billion proceeds from the ASEAN green bonds issuance of Energy Development Corporation (EDC) will bankroll the expansion projects being lined up by the company. The shelf registration of EDC’s green bond issuance had already secured the approval of the Securities and Exchange...
The rail line linking Manila and Bulacan, Philippine National Railways (PNR) Clark Phase 1 (Tutuban-Malolos), first segment of the P319.5 Billion North-South Commuter Railway, Monday, (June 14) posted a 46.68 percent overall progress rate and is on track to be completed second quarter of 2024. It's...
The P9. 36 billion Clark International Airport (CIA) Passenger Terminal Building (PTB) is set to be inaugurated next month. Transportation Secretary Arthur Tugade and LIPAD CEO Bi Yong Chungunco Transportation Secretary Arthur Tugade, who inspected the new terminal on June 8, cited its manager and...
