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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......»»

Category: financeSource: philstar philstarMay 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

President Marcos wants faster permit process for flagship infrastructure projects

To speed up the implementation of major infrastructure projects, President Marcos ordered government agencies and local government units (LGUs) to further simplify the permitting process for these developments to support the country’s continuing economic transformation......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

DENR mobilizing $278 million foreign-funded projects

The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Business units power up AEV profit to P4.9 billion in Q1

Conglomerate Aboitiz Equity Ventures Inc. (AEV) registered strong profitability in the first quarter, driven by higher contributions from its business units......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

UnionBank to kick off P10-B stock rights offer

The stock rights offering of Aboitiz-led Union Bank of the Philippines is set to kick off in May to raise as much as P10 billion to fund the capital infusion of its digital bank and for other general purposes......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

NexGen eyes ESG equity fund, GOCCs for RE projects

Initial public offering-bound NexGen Energy Corp. is eyeing to tap environmental, social and governance equity funds as well as state corporations to bankroll its renewable energy projects......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2024

Biden proposes $128-M budget for EDCA projects — Pentagon chief

US Defense Secretary Lloyd Austin announced that President Joe Biden is proposing a $128 million congressional allocation to fund projects at Enhanced Defense Cooperation Agreement sites in the Philippines, according to the Presidential Communications Office......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Japan commits P84 billion projects for Philippines

The Japanese government has committed P84 billion worth of projects for the Philippines until early next year, according to the Department of Finance......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

First Gen income drops to P4.5 billion

The profit of Lopez-led power firm First Gen Corp. declined by nine percent to P4.5 billion in the first quarter from a year-ago level of P4.9 billion on the back of lower earnings from its geothermal and natural gas units......»»

Category: financeSource:  philstarRelated NewsMay 9th, 2024

Villar pushes extension, higher budget for RCEF

Sen. Cynthia Villar wants to double the annual guaranteed allocation for the rice competitiveness enhancement fund to P20 billion as she seeks to extend the fund by another six years or until 2030......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Fund for indigent cancer patients reaches P1.25 billion

Senators and congressmen have approved a substantial increase in this year’s budget allocation for indigent cancer patients, or the Cancer Assistance Fund (CAF), in the hope of helping more Filipinos to be healed from the killer disease......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

Liza tumutulong sa pag-raise ng pondo para sa mga batang biktima ng giyera

After ng ilang linggong 'missing in action' sa online world, muling naging active si Liza Soberano sa social media. The post Liza tumutulong sa pag-raise ng pondo para sa mga batang biktima ng giyera first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMay 31st, 2024

Rights group, church raise alarm on civilians killings in Negros Island

Rights group, church raise alarm on civilians killings in Negros Island.....»»

Category: newsSource:  sunstarRelated NewsMay 15th, 2024

Fisherfolk raise alarm over demolition of Navotas City fishing structures

“Affected fisherfolk and other residents ‘highly believe’ that the dismantling order is part of the 650-hectare reclamation project in the area.” The post Fisherfolk raise alarm over demolition of Navotas City fishing structures appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 27th, 2024

DOH, SPMC raise colorectal cancer awareness

THE Department of Health (DOH) and the Southern Philippines Medical Center (SPMC) collaborated to raise awareness about colorectal cancer causes and symptoms during the Kapihan sa Dabaw at SM Ecoland on Monday morning, March 25, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024

DFNN plans to raise P450-M through private placements

DFNN said that its board has approved a plan to raise P450 million through private placements......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

K-pop fandoms join hands to raise funds for Girls Can campaign

Globe, through its KmmunityPH online K-culture community, recently partnered up with several K-pop girl group fandoms to raise funds for World Vision’s "Girls Can" campaign......»»

Category: entertainmentSource:  philstarRelated NewsJan 12th, 2024

Prime Infrastructure projects certified of national significance

Two pump storage projects of Razon-owned Prime Infrastructure Capital Inc. (Prime Infra) have been named energy projects of national significance because of their potential contribution to the country’s energy security, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsMay 29th, 2024