AboitizPower, Vivant, Vena Energy to put up Northern Samar wind project
Aboitiz Power Corp. is teaming up with Singapore-based Vena Energy and Cebu-based Vivant Energy Corp. to put up a 206-megawatt wind power project in the Visayas......»»
Sustainable progress through responsible mining
As the fifth most mineralized country in the world, the Philippines’ vast wealth of resources offers an extraordinary opportunity for mining to emerge as a catalyst for economic growth......»»
Economy to grow by 5.5% – FMIC
The Philippine economy is expected to grow by 5.5 percent this year, below the government’s target, with heavy rains seen to prevent a sharp rebound in growth in the third quarter, a report by First Metro Investment Corp. and University of Asia and the Pacific Capital Markets Research showed......»»
NGCP sees Batangas-Mindoro link completed 2 years ahead of schedule
The National Grid Corp. of the Philippines has committed to fast-track the completion of the Batangas-Mindoro interconnection, with the project now expected to be finished two years ahead of its original schedule, according to the Department of Energy......»»
Stocks extend gains for 5th straight day
Stocks extended their advance yesterday as investors continued to scout for bargains and reposition their portfolio following the reconstitution of the main index......»»
CREC to boost Clark power supply
Citicore Renewable Energy Corp. is set to boost the power needs of Clark as it enters into a partnership with Clark Electric Distribution Corp.......»»
SEC to scrutinize ownership data
The Securities and Exchange Commission will scrutinize ownership data in companies to help curb corruption in the government procurement process......»»
HSBC sees higher inflation, interest rate cut next year
British banking giant HSBC has raised its inflation forecasts for the next two years as it expects the Bangko Sentral ng Pilipinas (BSP) to deliver another 25-basis-point hike before the end of the year......»»
Government prices 5.5-year retail onshore $ bonds at 5.75%
The government priced its 5.5-year retail onshore dollar bond issue at 5.75 percent during yesterday’s auction at the Bureau of the Treasury......»»
Quick takes from around the market
Holcim Philippines wants to make its voluntary delisting from the PSE effective on Nov. 27, 2023......»»
8 things Philippine HRs should know about workers’ financial stress
SAVii Workplace Intelligence illustrates employees' financial problem in its white paper titled Financial Stress, The Quiet Killer......»»
Fernando Zobel returns as AC Health chair
Tycoon Fernando Zobel de Ayala has returned as chairman of AC Health, the Ayala Group’s health arm......»»
BPI eyes P5 billion via bond float
Ayala-led Bank of the Philippine Islands is set to raise at least P5 billion via its return to the domestic debt market to diversify its funding sources......»»
Treasury rejects all bids for T-bonds
The government rejected all bids for the reissued three-year Treasury bonds it offered yesterday as investors demanded higher rates after the Bangko Sentral ng Pilipinas signaled the possible resumption of rate hikes......»»
Local stocks surge despite regional downturn
Local stocks jumped yesterday despite weakness in other Asian markets......»»
EEI continues reorganization
EEI Corp., the listed construction company, continues to reorganize......»»
Pension reform for private sector workers
Reforming the pension system for workers in the private sector is long overdue. It is unfair that our officials made sure government workers get adequate pensions while doing nothing for those in the private sector......»»
Holcim has satisfied all conditions set by PSE for delisting
Listed cement firm Holcim Philippines Inc. said it has already satisfied all the conditions set by the Philippine Stock Exchange to delist its common shares......»»
SEC supports proposals for lower tax
The Securities and Exchange Commission is backing proposals to lower the taxes on stock transactions......»»
USDA cuts Philippines rice import forecast
The United States Department of Agriculture has slashed its forecast on Philippine rice imports due to the locally mandated price cap and elevated prices globally......»»