Metropolitan Bank & Trust Co. (Metrobank) has been recognized by the Bureau of the Treasury (BTr) as among the 10 Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024. In a statement, the bank said it brings home the title for the third consecutive year in...
Manila Water Co. Inc. has partnered with Malaysia-based renewable energy firm Ditrolic Energy Philippines to help reduce the operational greenhouse gas emissions (GHGs) of the Razon-led east zone concessionaire. In a statement, Manila Water announced that the company has entered into a power...
Santa Rosa lone district Rep. Dan Fernandez (Facebook) Santa Rosa lone district Rep. Dan Fernandez has asked power distribution giant Manila Electric Company (Meralco) to refund some P200 billion in supposed overcharges to its 7.7 million customers amid...
“We’ve got the POWER" will soon roar as a confident declaration of industry and government collaboration. The trailblazing initiative that is already gaining traction among serious investors and industry players is the institutionalization of the Pilipinas Offshore Wind Energy Resource...
Silangan Mindanao Mining Co. Inc., a wholly-owned subsidiary of Philex Mining Corporation, signed a $100-million syndicated debt facility to fund its ongoing mine development program. In a disclosure to the Philippine Stock Exchange (PSE), Philex said the lenders are Union Bank of the Philippines,...
East and West zone concessionaires Manila Water Co. and Maynilad Water Services, Inc. reported that the dam level in Angat has reached its year-end goal. In a statement on Monday, Nov. 20, Angat Dam achieved a water elevation of 210.42 meters. The target level must be within 210 to 212 meters and...
Aboitiz Equity Ventures Inc. (AEV), the investment arm of the Aboitiz Group, and Coca-Cola Europacific Partners Plc (CCEP), have entered into a definitive agreement to jointly acquire Coca-Cola Beverages Philippines Inc. (CCBPI) from The Coca-Cola Company (TCCC) for $1.8 billion. In a disclosure to...
House Speaker Martin Romualdez (Speaker’s office) A game changer for the Philippines' energy landscape. That's how House Speaker Martin Romualdez described the twin nuclear agreements sealed during President Marcos' ongoing visit to the United...
GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Razon-led Manila Water Co., Inc. reported that its profit for rose by more than half in the first nine months of the year. In a disclosure to the Philippine Stock Exchange, Manila Water said its net income rose by 61 percent to P7.26 billion from January to September, compared to P4.52...
Multiple barangays within Pasig and Quezon City are subject to another water interruption, according to east zone concessionaire Manila Water Co. starting Saturday, Nov. 11. According to the water distribution utility, certain sites in Pasig will get new water valves in their system, such as the...
Bacoor, Caloocan, Navotas, Quezon City, and San Juan are expected to experience water disruptions starting Thursday, Nov. 9, according to the two Metro Manila concessionaires, Manila Water Co. and Maynilad Water Services, Inc. This is due to the line and network maintenance conducted in the cities,...
