Following the recent interconnection deal for the Alabat wind project, Alternergy Holdings Corp. (Alternergy) signed a new deal with the National Grid Corporation (NGCP) for the Tanay Wind Power Project in Rizal. Alternergy’s subsidiary, the Alternergy Tanay Wind Corpo. (ATWC), and the NGCP...
The 17-story One Paseo, a LEED-certified office tower, is surrounded by an exciting mix of parks and residential and commercial developments in one sustainable community along C5 Road. Property giant Megaworld’s 12.3-hectare ArcoVia City in Pasig City has notched its latest milestone after...
SHELL PILIPINAS CORPORATION will be holding its annual meeting of stockholders on May 14, 2024, Tuesday at 2:00 PM virtually through Shell Operated Webcast A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Flourishing solar power developer giant Citicore Renewable Energy Corporation (CREC) has secured P9.0 billion worth of loans from Yuchengco-led Rizal Commercial Banking Corp (RCBC) with an option to increase it to P20 billion; and that will be funneled mainly for the commercial development of its...
There will be new wave of consumer frustrations at the domestic pumps this week because of the fresh wave of oil price hikes enforced by the oil companies across all fuel commodities. Based on the price adjustment advisories of the industry players, the price of diesel products will rise by P0.95...
H.E. Amb. Artur Dmochowski of the Embassy of Poland in Thailand presented the Global Economic Awards to Landco Pacific Corporation for the Best Leisure Real Estate (Resort Estate) Developer of the Year award. Accepting the award on behalf of Landco were CFO Marycris Panganiban, Sales Admin &...
The Sy family’s SM Investments Corporation, one of the country’s biggest conglomerates, will be launching through the SM Store’s SM Green Finds program a collaboration project with social enterprises to emphasize the significance of circularity. In a statement, the firm said this...
The local stock market remained below its 6,700 support level as investors continue to sell amid rising exodus of later and less interest rate cuts this year. The main index lost 18.26 points or 0.27 percent to close at 6,659.39 although only the Property and Holding Firms sectors dropped. Volume...
Global Estate Resorts Inc. (GERI), a premier developer of integrated tourism and leisure townships controlled by Megaworld Corporation, reported a three percent improvement on attributable net income to P1.8 billion last year from the P1.79 billion earned in 2022. In a disclosure to the Philippine...
The local stock market fell again as investor sentiment has been dampened by dashed rate cut hopes amid rising inflation. The main index dropped 63.42 points or 0.94 percent as the Property sector led the retreat although Banks and Miners advanced. Volume rose to 747 million shares worth P6.71...
Monde Nissin Corporation reported a net loss of P625 million last year as it continued to suffer from its meat alternative business although this is an improvement from the P13.02 net loss incurred in 2022. In a disclosure to the Philippine Stock Exchange, the firm said its reported net loss for...
Diversified conglomerate San Miguel Corporation is planning to raise P20 billion from the offering and issuance of fixed rate Peso-denominated bonds. In a disclosure to the Philippine Stock Exchange, the bonds will be issued out of the remainder of its existing P50 billion shelf-registered...
