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MGreen hikes stake in SPNEC
MGen Renewable Energy Inc. a wholly owned subsidiary of Meralco Powergen Corp., has raised its stake in integrated solar developer SP New Energy Corp......»»
Germany mulling sale of stake in top gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar wi.....»»
Germany mulling stake sale in major gas importer - Bloomberg
Uniper was nationalized after facing 40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country's major gas importer Uniper, which was bailed out during the energy crisis in 2022, Bloomberg reported on Wednesday, citing people familiar w.....»»
The biggest infra company
San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»
MPIC likely to pass up on subway bidding
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»
MPIC, SMC bids for MRT-3 rejected
The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
Malaysian airline Capital A records load factor of 88 pct in FY2023
KUALA LUMPUR, Jan. 24 (Xinhua) -- Malaysian airline group Capital A, formerly AirAsia, has achieved a robust group load factor of 88 percent for the fiscal year of 2023, a year-on-year increase of 5 percentage points. Capital A said in a statement on Wednesday that the load factor showed the return of strong travel demand, which was aligned with the group's effort to inject capacity back into the market and rein.....»»
DMCI hikes capex to P59 billion this year
The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»
Mayor Honey calls on city officials, employees, to begin each day with a prayer
“Start your day with a prayer.” This was the appeal made by Mayor Honey Lacuna to all the officials and employees of the Manila city government, as the capital city joins the nation in the observance of the “National Bible’s Month.” The mayor also lauded City Administrator Bernie Ang, host of the flag raising ceremony, […].....»»
Cosco ventures into RE with P552 million investment
Cosco Capital Inc. of retail tycoon Lucio Co has formalized its renewable energy venture with a P552-million investment for a majority stake in a company that operates a hydropower plant in Oriental Mindoro......»»
DMW: 100 caregiver slots in South Korea open today
Those interested in working as caregivers in South Korea may now register with the Department of Migrant Workers starting today......»»
Franchising industry sees 8–10 percent growth this year
The country’s largest franchising association is looking to grow franchise stores and revenues by eight to 10 percent this year as more foreign brands are interested to enter the country, while local brands continue to expand......»»
Online verification of professionals launched
The Department of Labor and Employment’s Professional Regulation Commission’s campaign against fraudulent documents and fake professionals has intensified with the launching of a system that would allow an employer, or any interested person, to verify online whether a certain professional is licensed or not......»»
Meralco fails anew to secure new supply deal
Manila Electric Co. has declared another failed bidding for a 260-megawatt interim power supply agreement after failing to attract interested companies......»»
Mayor Baste not keen on running for national post
DAVAO City Mayor Sebastian “Baste” Duterte is not interested in running for any higher posts in the upcoming 2025 elections......»»
More investors interested in NAIA funding, says Ang
More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»
“Biyahe ni Drew” features E. Samar farmers’ products
While Drew Arellano was going around the different beach locations and savouring local foods, he noticed the San Miguel Farmers Association’s (SMFA’s) squash noodles and crackers and got interested on them......»»
Comelec: More time to bid for OVCS
Interested parties have more time to submit bids for the online voting and counting system to be used in the May 2025 elections, according to the Commission on Elections......»»
Quick takes from around the market
JG Summit confirmed a report that it is interested in expanding its solar investments “outside of the conglomerate’s span” through its renewable energy subsidiary, Merbau Corp......»»