While many Philippine corporates are just riding the green energy wave with empty rhetoric and some have been merely using "net zero pledges" as superficial propaganda tool in their business playbook, the genuinely serious ones are promising to re-assess commitments with concrete baselines and...
As the aviation industry stands on the brink of a major transformation, stakeholders are emphasizing the need to adapt to advances in artificial intelligence (AI) and digitalization. With major investments and modernization projects underway, the future of air travel in the Philippines looks...
AyalaLand Logistics Holdings Corp. (ALLHC), a unit of property giant Ayala Land Inc., is expanding its cold storage capacity with the start of construction of ALogis Artico Consolacion in Cebu. Strategically located to meet the increasing demand for temperature-controlled facilities in the...
State-run Philippine Deposit Insurance Corp. (PDIC) is set to auction off some remaining assets from closed banks next month. In a statement, PDIC said the government’s deposit insurer plans to hold an electronic public bidding (e-bidding) on Sept. 25 and 26, 2024. The auction will consist...
State-owned Clark International Airport Corp. (CIAC) said the planned national food hub in Pampanga would position the Philippines as a leading agribusiness and logistics center in the Asia Pacific. In a statement, Arrey Perez, CIAC president and chief executive officer, said the proposed...
With 2023 marked as the hottest year on record, the growing impact of human activity on our environment has become impossible to ignore. Asia, known for its vulnerability to natural disasters, is experiencing the effects more intensely than ever, according to a report from the World Meteorological...
Security Bank Corporation has successfully raised P20 billion from the issuance of its Fixed Rate Peso Corporate Bonds due 2029— four times the original amount and its largest issue size so far. In a disclosure to the Philippine Stock Exchange, the bank said bonds carry a rate of 6.05 percent per...
CEBU CITY — A Cebu-based company has cried foul over a government order that would affect the distribution of its widely used fertilizer. ENGR. Grecilda Sanchez shows a public advisory released by the Fertilizer and Pesticide Authority that may affect the distribution of a biofertilizer that is...
FDC Green Energy Corporation, a subsidiary of FDC Utilities, Inc. (FDCUI) of Gotianun-led Filinvest Development Corp., is poised to advance to construction phase its 20.75-megawatt solar farm project following groundbreaking rites at its PHIVIDEC Industrial Estate project site in Misamis Oriental ....
Top Line Business Development Corporation (Top Line) is planning to build fuel depots in Mactan and Bohol with a combined storage capacity of 30 million liters to support the continued expansion of its fuel retailing business in the Visayas. Based on the firm’s draft prospectus filed with the...
Gaming firm DigiPlus Interactive Corporation (DigiPlus) is exploring opportunities in Brazil’s potentially huge iGaming market following the recent legalization of gaming and betting activities in the country. In a disclosure to the Philippine Stock Exchange, the firm said it has filed an...
Lopez-led First Gen Corporation will supply geothermal-generated electricity to global cement firm Holcim for the operation of its manufacturing plants in Mindanao. That green power supply draw will be a key component of the latter’s decarbonization journey. In the power supply agreement (PSA)...
