ACEN spending P8.7 billion for Zambales solar farm
Ayala-led ACEN Corp. is injecting an additional investment of P8.7 billion into a wholly owned subsidiary for the construction of its second-biggest solar farm in Zambales......»»
Government infrastructure spending rises to P220 billion in Q1
The government increased its infrastructure spending to almost P220 billion in the first quarter, mainly to finance road and defense projects, the Department of Budget and Management said......»»
Government infrastructure spending scaled up to P121 billion
The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»
MGreen units raise P2.8 billion to fund solar projects
Two subsidiaries of MGen Renewable Energy Inc. (MGreen) borrowed a total of P2.825 billion to bankroll their solar power plants that are set to start operations by the first quarter of next year......»»
P3 billion solar power plant to rise in Negros Occidental
Eight years after a 25-megawatt solar power plant became operational in Silay City, Negros Occidental, a similar project worth P3 billion will be established in the same city......»»
ALI spending P100 billion for projects this year
Ayala Land Inc, the listed property giant of the Ayala Group, is ramping up its investments this year with capital spending returning to pre-pandemic level......»»
Open ocean salmon farm a win for the economy
The final approval of New Zealand King Salmon's Blue Endeavour open ocean aquaculture project is a significant step for New Zealand's aquaculture, and a win for the economy, Oceans and Fisheries Minister Shane Jones says. "Blue Endeavour will be the first open ocean aquaculture salmon farm in New Zealand. It's going to provide more jobs for the Marlborough region and benefit our economy b.....»»
SPNEC to finish P200 billion solar project by 2027
SP New Energy Corp. is eyeing to fully complete the world’s largest solar project by 2027......»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»
EDC sets P40 billion capex, raises P10 billion from green bonds
Energy Development Corp., the renewable energy subsidiary of First Gen Corp., is spending P40 billion this year to bolster its portfolio and support geothermal development in the country......»»
SM supports agriculture sector through farm-to-store program
The SM Group is ramping up its support for the country’s agriculture sector through a wider farm-to-store program being undertaken by food retail affiliate and community shopping mall chain WalterMart......»»
Expired canned goods, poultry wastes unearthed in the farm of Palompon mayor
ORMOC CITY, Leyte —Tons of poultry wastes and expired canned goods, believed to be intended as donations for Yolanda victims, were unearthed from a farm in Palompon, Leyte, reportedly owned by the town’s mayor, Ramon Oñate. On Sunday, January 21, 2024, the Department of Environment and Natural Resources (DENR) Region 8 spearheaded the excavation of.....»»
Katy’s Farm-AGAP rules Lipa Barako Golf
Katy’s Farm-AGAP 1 finished with 95 points for a closing 189 to claim the first Lipa City Fiesta Barako Golf championship division title at the Summit Point Golf and Country Club......»»
Malarayat, Katy’s Farm pace Lipa golf
Team Malarayat and Katys’ Farm-AGAP 1 put in 94 points each for joint leadership in the championship division in the first Lipa City Fiesta Barako Golf Tournament at the Mount Malarayat Golf and Country Club in Lipa, Batangas yesterday......»»
CLLEx right-of-way row resolved; project to resume Q2 — Zambales guv
The Central Luzon Link Expressway, which has faced long delays due to right-of-way claims, got a new lease in life after a dialogue between project officials and landowners affected by the project resolved problems besetting the government project......»»
Chinese militia blocks Philippine vessel anew
A Chinese maritime militia ship engaged a Philippine vessel in a “dangerous maneuver” in an attempt to prevent it from delivering supplies and other provisions to fishermen in Panatag Shoal off the coast of Zambales......»»
LTO orders probe of SBMA road rage incident
The Land Transportation Office has ordered an investigation into a road rage incident that occurred recently at the Subic Bay Metropolitan Authority in Olongapo, Zambales......»»
Lady Knights stay hot in beach volley
Letran’s Gia Marcel Maquilang and Lara Mae Silva walloped San Sebastian’s Kat Santos and Juan May Gonzales, 21-8, 21-11, to nail their fifth win in a row and stay at the helm of NCAA Season 99 women’s beach volleyball at Subic Bay in Zambales......»»
Government arsenal spending up 420 percent but misses production target
The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»
Government jacks up infrastructure spending to P1.2 trillion in 2023
The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»
Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»