NEA lends over P1 billion to power coops in 2023
Loans extended by the National Electrification Administration to electric cooperatives nationwide exceeded the P1-billion mark in 2023......»»
GSIS lends P70B in 100 days
GSIS lends P70B in 100 days.....»»
Engr. Francis Gianan, bagong GM ng FICELCO
Engineer Francis Gianan, New GM of FICELCO The National Electrification Administration (NEA) has confirmed the appointment of Engineer Francis Gianan as the General Manager of the First Catanduanes Electric Cooperative (FICELCO). Engineer Gianan, currently heading the Technical Services Management and also served as officer-in-charge in the early part of 2023, was recommended by the FICELCO’s […] The post Engr. Francis Gianan, bagong GM ng FICELCO appeared first on Bicol Peryodiko......»»
Landmark power joint venture to cost $3.3 billion
Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»
Maya Bank lends P2.75 billion to fintech firm Tala
Philippine digital lender Maya Bank has signed a loan channeling partnership with global financial technology firm Tala, providing P2.75 billion of loan capital to the fintech company......»»
ADB lends P2.4 billion to iSON for buildup of telco towers
The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»
BPI lends fresh P7 billion to Home Credit Philippines
Bank of the Philippine Islands has extended an additional P7 billion loan to Home Credit Philippines, making it the financing firm’s biggest lender......»»
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......»»
Semirara income drops 30% to P27.9 billion
Lower prices of coal and power rates dragged the net income of Semirara Mining and Power Corp. by 30 percent to P27.9 billion in 2023 from P39.9 billion in 2022......»»
UP, PhilSA to help identify areas without electricity
The University of the Philippines will use satellites built by engineers and scientists of the UP Electrical and Electronics Engineering Institute to help the National Electrification Administration (NEA) identify areas in the country that remain without electricity......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Cebu Daily Newscast: Remittances soar to P33.5 billion in 2023 – BSP
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Friday, February 16. Remittances soar to P33.5 billion in 2023 – BSP Filipinos abroad sent a record amount of money back home in 2023 as remittances hit $33.5 billion, boosted by a stronger peso......»»
‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand
‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»
Squirrel involved in power outage provided shelter and care by More Power
Squirrel involved in power outage provided shelter and care by More Power.....»»
‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night
‘WE NEED POWER’ | Negros Occidental has up to 100MW power shortage at night.....»»
Unleashing a Pinay’s power via ‘Pinay Power’
Unleashing a Pinay’s power via ‘Pinay Power’.....»»
ADB lends $20 million for affordable housing project
The Asian Development Bank is extending up to $20 million worth of loans to Lhoopa Inc. to bankroll its affordable housing project in the Philippines......»»
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......»»
Philippine Bank of Communications profit climbs 16.3 percent to P1.9 billion in 2023
Lucio Co’s Philippine Bank of Communications (PBCom) grew its income by 16.3 percent to P1.9 billion in 2023 from P1.6 billion a year earlier, mainly due to higher operating income from better trading performance......»»