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Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

OceanaGold PH IPO approved by SEC

OceanaGold received SEC approval for its proposed P7.88 billion IPO......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

SEC makes registration easier for power companies that are forced to IPO by law

The SEC issued a notice that simplifies the registration process for power generation companies and distribution utilities that are forced to IPO at least 15% of their shares under the EPIRA law......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Davao residents unsure about city’s near future

DAVAO CITY (MindaNews / 23 February) – Majority of Dabawenyos are uncertain about the city’s future in the next five years, according to a study conducted by the University of Mindanao-Institute of Popular Opinion (UM-IPO). Dr. John Vianne Murcia, director of UM-IPO, said during Kapihan sa Philippine Information Agency-Davao on Friday that only 46.7 percent […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 25th, 2024

Davao City barangays need to improve disaster response

DAVAO CITY (MindaNews / 21 February)—Dabawenyos believe that barangays in this city should improve on disaster response efforts to deal with calamities more effectively, according to a survey conducted by the University of Mindanao’s Institute of Popular Opinion (UM-IPO). During “Wednesdays Media Forum at Habi at Kape,” Dr. John Vianne Murcia, UM-IPO director, said that […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule

The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

DoubleDragon secures HBNB ticker symbol for Hotel101’s Nasdaq IPO

DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, said last week that it will use the ticker “HBNB” for the Nasdaq IPO of its subsidiary, Hotel101 Global Pte Ltd......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

CREC likely to move IPO to Q2

The planned initial public offering of Citicore Renewable Energy Corp., potentially the first IPO of 2024, may be moved to the second quarter of the year in line with the expected lowering of interest rates by then......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

OceanaGold Philippines files for P7.9-B IPO

OceanaGold Corp. a Canadian gold mining company [link], has filed an application to the SEC to conduct an IPO for its Philippines-based subsidiary, OceanaGold Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

OceanaGold files for Philippine unit’s IPO

Australian-Canadian firm OceanaGold Corp. has filed for an initial public offering (IPO) of up to P7.9 billion for its Philippine subsidiary in compliance with the conditions of its renewed mining contract......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

GCash preparing for IPO in the last half of 2024

Oscar Reyes Jr., the CEO of GCash operator G-Xchange [link], said that they’re “preparing internally so that we can be ready this year” for an IPO, but clarified that “it is a question of the market, not of GCash, as the market has yet to rebound fully.”.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Cebu Daily Newscast: ‘Water crisis’ in Cebu City, declares Mayor Rama

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, April 2, 2024. ‘Water crisis’ in Cebu City, declares Mayor Rama Mayor Michael Rama has declared a state of water crisis in Cebu City following the rise in the daily heat index, which.....»»

Category: newsSource:  inquirerRelated NewsApr 2nd, 2024

Clark Water spending P5.6 billion for freeport service upgrade

Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Boracay Water pipelines P240 million for service upgrade

Boracay Island Water Co. Inc. has earmarked P240 million to bankroll its capital expenditure this year to improve water and wastewater services in Boracay Island......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

DOLE issues revised IRR on Service Charge Law

The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

40 mln Filipinos have no access to potable water: gov t

MANILA, May 7 (Xinhua) -- At least 40 million people in the Philippines have no access to fresh or potable water, the Presidential Communications Office (PCO) said Tuesday. Responding to the dire situation, Philippine President Ferdinand Romualdez Marcos ordered the government agencies to come up with concrete solutions to provide sufficient water supply to Filipinos deprived of potable water on Tuesday......»»

Category: newsSource:  manilanewsRelated NewsMay 7th, 2024

MCWD water deficit now affects 50,000 households in Metro Cebu

CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

‘No water interruption until April 30’

The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

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......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024