First Metro Investment Corporation (FMIC), the investment banking arm of Metrobank, expects the Philippine economy to grow faster this year and continue to be among the best performing economies in Asia. “In the face of domestic and global challenges, the Philippine economy achieved a commendable...
The country’s economy is expected to reach six percent this year with the help of robust private consumption and government infrastructure spending, the Metrobank Group’s investment arm First Metro Investment Corp. said. In a breifing, First Metro President Jose Patricio Dumlao said that the...
First Gen Corp. and Prime Infrastructure Capital, Inc. (Prime Infra) have entered into a lease agreement for the liquefied natural gas (LNG) storage and regasification terminal located in Batangas City. In a disclosure to the Philippine Stock Exchange on Wednesday, Dec. 27, First Gen said that...
President Marcos wished that Christmas would bring love and strengthen bonds among Filipino families. Marcos made the statement through a Facebook post on Monday, Dec. 25. "Nawa'y magdala ang Kapaskuhan ng liwanag sa ating mga puso at muling magbukas ng pintuan para sa pagmamahal at pagkakabuklod...
Following a successful international tender activity, the Lopez-led First Gen Corp. (FGen) has granted a contract to TotalEnergies Gas & Power Asia Private Ltd. (TEGPA) for the provision of liquefied natural gas (LNG) cargo in Batangas. In a disclosure to the Philippine Stock Exchange on...
Renewable energy firm Energy Development Corporation (EDC), a subsidiary of Lopez-led First Gen Corporation, is scheduling the second tranche of its ASEAN green bond offering with target proceeds of P10 billion that will continually bankroll the company’s projects. In a disclosure to the...
President Marcos and First Lady Liza Araneta-Marcos (LAM), enjoyed an evening together as they attended the concert of American singer-songwriter Daryl Hall in Pasay City on Nov. 27. DATE NIGHT — President Ferdinand 'Bongbong' Marcos Jr. and First Lady Liza Araneta-Marcos enjoy the holiday night...
Over 17,000 children from different shelters and orphanages are set to receive gifts from the government as President Marcos and First Lady Louise Araneta-Marcos led the second year of the "Balik Sigla, Bigay Saya" nationwide gift-giving program in Malacañan on Sunday morning, Nov. 26. GIFTS FOR...
Lopez-led First Gen Corporation has awarded its next cargo of liquefied natural gas (LNG) delivery to multinational fuel trading firm Trafigura Pte Ltd. Based on the awarded contract, Trafigura will have to supply one cargo LNG with a volume of roughly 154,500 cubic meters (m3) – which will be...
Lopez Holdings Corporation reported a 27 percent growth in attributable net income to P5.21 billion for the first nine months of 2023 from the P4.12 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the unaudited consolidated...
Lopez-led First Gen Corporation has signed P20 billion term loan agreement with major local banks - BDO Unibank, Inc. (BDO) and Bank of the Philippine Islands (BPI) – primarily to fund the acquisition of the 165-megawatt Casecnan hydroelectric power project (CHEPP) in Nueva Ecija. As clearly laid...
The recurrence of gas supply restriction from the Malampaya field has triggered another round of shutdown for the 414-megawatt San Gabriel power plant of First Gen Corporation, according to sources from the company. The gas being fed to the San Gabriel power plant of the Lopez group is drawn from...
