Starting Feb. 3, 2025, the country’s first real estate investment trust AREIT Inc. will debut at the Philippine Stock Exchange’s 30-company benchmark index while China Banking Corporation will return to the PSEi after almost 14 years. In a statement, the PSE said the two firms will join the PSE...
Share prices fell despite gains in the US after the Philippine government cast doubts about meeting last year’s economic growth target. The main index dropped 82.66 points or 1.30 percent to close at 6,296.20 as Banks led the retreat with only Miners bucking the trend. Volume grew to 1.14...
Makati Development Corporation (MDC), the construction arm of Ayala Land, continues to pursue exciting innovations in sustainable construction by unveiling the Philippines' first electric (EV) cement mixer, EV trailer tractor, and EV charging station for heavy equipment, revolutionizing operations...
Petron Corporation has filed an application with the Energy Regulatory Commission (ERC) to connect its refinery power plant to a National Grid Corporation of the Philippines (NGCP) substation. According to documents released by the ERC on Jan. 22, Petron submitted its request through the Energy...
Lourdes Gutierrez-Alfonso, the newly appointed president of Megaworld Corporation, has been recognized as one of the world's most influential women by Forbes magazine. Gutierrez-Alfonso, who assumed leadership of Megaworld in June 2024, has quickly made her mark on the company, according to Forbes....
China Banking Corporation (Chinabank) has partnered with ACEN Renewable Energy Solutions (ACEN RES), a subsidiary of the Ayala Group, to transition its two main facilities to clean energy. In a statement, the bank said the move is intended to reduce its carbon emissions and contribute to the...
The Securities and Exchange Commission has approved the plan of Saavedra-led Megawide Construction Corporation to raise up to P6 billion from the issuance of preferred shares. In a disclosure to the Philippine Stock Exchange, the firm said the SEC has issued on January 23, 2025 the Certificate of...
A National Grid Corporation of the Philippines (NGCP) top official maintained that the company is a Filipino corporation and run by Filipinos, allaying concerns about China role in the operation of the country's power grid. "The State Grid Corporation of China (SGCC) does not exercise control over...
(Unsplash) The National Transmission Corporation (Transco) has acknowledged before congressmen its backlogs in right-of-way (ROW) cases, including projects that go beyond their existence, as well as those that are related to the operation of...
SariCycle's first anniversary Ajinomoto Philippines Corporation (APC Group) welcomes the new year with a significant stride to sustainability by honoring yet another milestone, as it celebrates the first anniversary of SariCycle, an incentivized plastic collection and recycling program. Together...
(MANILA BULLETIN) Is the Philippine government eyeing a takeover of power grid operator National Grid Corporation of the Philippines (NGCP) through the Maharlika Investment Fund (MIF)? House Deputy Minority Leader AAMBIS-OWA Party-list Rep. Lex...
SAGIP Party-list Rep. Rodante Marcoleta (Facebook) SAGIP Party-list Rep. Rodante Marcoleta took issue with what he described as the undue focus given to transmission company National Grid Corporation of the Philippines (NGCP) on the problem of...
