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SPNEC to pick foreign investors for P200 billion Terra Solar project
Manuel V. Pangilinan-led SP New Energy Corp. is considering to onboard as many as two foreign investors to support the company in the development of the P200-billion Terra Solar development in Nueva Ecija and Bulacan, which is poised to become the world’s largest solar project once completed......»»
GCash marks International Girls in ICT Day, holds mentoring sessions
GCash, the Philippines' leading finance app and largest cashless ecosystem, celebrates International Girls in ICT Day last April 25 with a series of initiatives where women in tech are recognized......»»
LIST: Tree cover loss in Cebu per area
CEBU CITY, Philippines – Since 2001, Cebu, home to over 5 million people and the largest economic hub outside the capital Manila, has lost thousands of hectares of tree cover. At least 10.1 kilo-hectare, or around 10,100 hectares of tree cover in Cebu, were depleted in a span of 20 years, data from Global Forest.....»»
Biggest stand-alone MerryMart store opening in July
Tycoon Edgar “Injap” Sia II’s MerryMart targets to open its largest stand-alone full-sized supermarket in July......»»
PHLPost to bring Guinness pope stamps on roadshow
he Philippine Postal Corp. (PHLPost) is planning to bring the Guinness World Records’ largest collection of Pope Stamp Exhibit to the Visayas and Mindanao to spur interest in philately......»»
India’s biggest port operator eyes Bataan for expansion
India’s largest commercial port operator is eyeing to expand its operations in the Philippines, citing the country’s “stable” regulations and business environment under President Marcos......»»
ABS-CBN reveals Leandro Leviste as 2nd largest shareholder
ABS-CBN disclosed that LL Holdings, a subsidiary of Leandro Leviste’s private holdco, Countryside Investments Holdings Corp., acquired 76,500,000 shares of ABS equivalent to a 8.5% stake in the former broadcasting giant......»»
Megaworld’s Mactan Expo Center Set to be Completed in 2025, Ready for Big International Summits
Taking pride as the country’s largest hotel developer and operator today, property giant Megaworld has started the construction of the P1.5-billion Mactan Expo Center, which is scheduled for completion by next year. This modern state-of-the-art convention facility, which has a seating capacity of almost 3,000 for theater-style set-up, will be Cebu’s first and only standalone […].....»»
New toll road concession in Indonesia awaits MPTC
Metro Pacific Tollways Corp. expects to land within this month the contract for its largest project outside the Philippines, completing its entry in an expressway used by about 900,000 vehicles every day......»»
DMCI plans quick CHP turnaround
DMCI revealed a “strategic plan” to “revitalize” Cemex PH [CHP 1.38, up 0.7%; 32% avgVol], its newest and largest acquisition......»»
Marcos Jr. approves military procurement ‘wish list’
Amid continuing maritime aggression by China, President Marcos has approved a $35-billion budget to modernize the Armed Forces of the Philippines with the Philippine Navy getting the largest chunk to strengthen capabilities in the West Philippine Sea......»»
SMC, SMIC Phl growth drivers
The Philippines’ two largest conglomerates are powering the country’s robust economic growth this year and in the coming years......»»
Solar power plant in Davao Oriental
ONE of the largest solar power plants in Davao Oriental will operate this October 2024......»»
BDO: No plan to buy stake in NAIA rehab
The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor in the project......»»
Russia launches missile barrage across Ukraine – but Kyiv fights back with drones
In a recent aerial assault, Russian missiles have targeted power facilities across Ukraine, causing widespread damage and disruption. Ukraine’s largest private electricity company, DTEK, reported.....»»
Exxon Mobil and Chevron Report Lower Earnings – The Daily Guardia
In the first quarter of this year, Exxon Mobil and Chevron, two of the largest American energy companies, reported lower earnings compared to the previous.....»»
CV records ‘fastest growing economy’ among all regions in PH
CEBU CITY, Philippines — Central Visayas has bested the 17 regions in the country after being named the “fastest-growing” economy based on the 2023 data of the Philippine Statistics Authority (PSA). It also remained the fourth-largest contributor to the overall growth of the Philippine economy and the highest contributor outside Luzon, with a 6.6 percent.....»»
Philippines to hold military exercise with US amid escalating tensions with China
Manila [Philippines], April 20 (ANI): After reaffirming their bilateral ties at the unprecedented trilateral summit held at the White House on April 12, Philippines is set to hold a military exercise with the forces of US and Japan from April 22 to May 10, Nikkei Asia reported. "The Armed Forces of the Philippines (AFP) and the U.S. military will conduct the 39th iteration of Balikatan, the largest annual bilateral traini.....»»
BDO to remain cautious amid risks
BDO Unibank Inc., the country’s largest bank, will remain cautious this year despite strong profit growth in 2023 and in the first quarter of the year......»»
Axelum inks multi-year deal with Vita Coco
Axelum Resources Corp., a listed integrated manufacturer and exporter of premium coconut products, has sealed a new multi-year deal with The Vita Coco Co Inc., one of the world’s largest coconut water brands......»»