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MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
REDC anchor investor buys secondary share stake
This transaction highlights the important differences between primary (new) and secondary (pre-owned) shares. In this case, had TOKAI purchased the stake in primary shares from REDC......»»
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.....»»
Mining firm pinagmulta ng P560M
Higit P560 milyon ang multang kailangang bayaran ng isang mining firm dahil sa hindi awtorisadong pagtrade ng mga unissued at unlisted shares mula 2015 hanggang 2019. The post Mining firm pinagmulta ng P560M first appeared on Abante......»»
Manila-based shipping firm eyes resumption of Davao-Lupon ferry services
DAVAO CITY (MindaNews/February 20) – A Metro Manila-based shipbuilding company is eyeing to resume the Davao City – Lupon, Davao Oriental ferry boat operation in October, a City Council official said Tuesday. Councilor Conrado Baluran, Committee of Transportation and Communications chair, said that shipping firm Pinoy Catamaran proposed the possibility of servicing the stalled ferry […].....»»
Wasted water: One-third of the water produced by MCWD is wasted
CEBU CITY, Philippines – More than one-third of the water production in Cebu has been relegated to wasted water. Cebu City Mayor Michael Rama said that the Local Water Utilities Administration (LWUA) found that the non-revenue water (NRW) of the Metropolitan Cebu Water District (MCWD) had already reached 36 percent. NRW is the amount of.....»»
Manila Water ramps up deep well output
Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»
Leviste acquires 8.5% stake of ABS-CBN
Entrepreneur Leandro Leviste, founder of renewable energy firm Solar Philippines, purchased P76.5 million worth of shares of ABS-CBN Corp. or 8.5% of the network......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»
Japanese firm to double stake in REDC
Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»
Marcos, Vietnamese leaders to tackle food security, maritime issues
The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»
President Marcos, Vietnamese leaders to tackle food security, maritime issues
The Philippines and Vietnam will sign next week a deal to boost cooperation between their coast guards in light of lingering tensions between Manila and Beijing in the West Philippine Sea. .....»»
Task force to public: Continue water conservation
As the water level in major dams can drop further during the dry months, the Task Force El Niño is urging the public to continue conserving water to avert a possible water crisis, especially in Metro Manila......»»
NWRB cuts water supply for Metro next month
The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»
Manila Water distribution network stretches to 5,445 km
East zone concessionaire Manila Water Co. Inc. has further expanded its water connection network to over 5,400 kilometers, serving 7.6 million customers nationwide......»»
Manila Water unit inks Cebu supply deal
A wholly owned subsidiary of Manila Water Co. Inc. has signed a supply contract with the Metropolitan Cebu Water District......»»
DOJ to help build case vs West Philippine Sea cyanide fishing
The Department of Justice will support relevant agencies in gathering evidence and building a case against individuals, allegedly Chinese and Vietnamese fishermen, who are using cyanide at Panatag Shoal, Justice Secretary Jesus Crispin Remulla said yesterday......»»
Philippines to probe Chinese, Vietnamese cyanide fishing accusations in Scarborough | The wRap
The wRap's highlights: Scarborough Shoal, academic calendar, Zanjoe Marudo & Ria Atayde.....»»