DoubleDragon to unveil new Hotel101 projects
DoubleDragon Corp., the property developer owned by Edgar “Injap” Sia II and Tony Tan Caktiong, is set to unleash new hotels under the Hotel101 brand starting this year......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
NDAP, Nestlé promote proper nutrition with Nutrition Masterclass Interschool Competition
In the era of social media, there are multiple ways of creating content that’s easily accessible for online audiences and as a result, there is also a surge in popular but unfounded nutrition and health information being spread on the internet......»»
SMIC allots P115 billion for 2024 capex
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»
DOF completes team of senior officials
Three months since his appointment, Finance Secretary Ralph Recto has finally assembled a complete team that would help him consolidate the country’s finances and generate much needed revenues for state coffers......»»
Export of raw sugar to US planned by mid-year
The Sugar Regulatory Administration has started the preparatory work for the country’s export of raw sugar to the US as early as the middle of the year......»»
ACEN to spend P70 billion this year
Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year.....»»
Bargain hunting lifts shares anew
Share prices sustained its rally yesterday on continued bargain hunting among investors......»»
Pomelo bags spot for ‘promising fintech companies’
This development follows reports that Pomelo has successfully secured $35 million in venture capital from multiple investors, coupled with a substantial $75 million expansion of its warehouse facility......»»
British Chamber hosts annual general meeting
The British Chamber of Commerce Philippines hosted its annual general meeting at the British ambassador’s residence on April 22, 2024......»»
Pioneering innovation in digital banking
Oradian, a core banking software provider for emerging markets, based in Makati, recently hosted an event that has set the financial sector buzzing with discussions on innovation and agility in digital banking......»»
SM Prime marks 30th anniversary with record-breaking income, P100 billion investment for 2024
SM Prime Holdings Inc. (SMPH), the leading integrated property developer in the Philippines, marks its 30th anniversary as a publicly listed company with the announcement of its highest-ever recorded income and a P100 billion investment......»»
NGCP issues yellow, red alerts for Visayas grid; Luzon, Mindanao grids in yellow alert
The National Grid Corporation of the Philippines hoisted red and yellow alert statuses over Visayas power grids while the Luzon and Mindanao grids were placed under a yellow alert status on Wednesday......»»
Mitsubishi Philippines names new president
Mitsubishi Motors Philippines Corp. is aiming to grow its sales by 15 percent this fiscal year as it officially welcomed its new president......»»
OceanaGold IPO price set
OceanaGold Inc. , the operator of Didipio gold and copper mine in Nueva Vizcaya, pegged its initial public offering price at P13.33 per share, more than a fifth lower than its earlier announced maximum price of P17.28 per share......»»
Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
Acciona rolls out Smart Control Center
Spain-based infrastructure conglomerate Acciona has unveiled its pioneering Smart Control Center in line with this year’s observance of World Day for Health and Safety at Work last April 18 at The Tent in Enderun Colleges......»»
Energy policy failure
The Department of Energy has revealed that the total capacity of power plants in forced outages has more than doubled over the past two weeks compared to the average 700 MW recorded over the last four years. Of course. What would they expect after officials of the DOE, past and present, did nothing about the inconvenient reality that 50 percent of our operating power plants are over 20 years old and are losing their reliability......»»
Government infrastructure spending scaled up to P121 billion
The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»
OceanaGold faces legal battle ahead of IPO
Just a few weeks before its scheduled initial public offering , OceanaGold Philippines Inc. is facing a legal case seeking to cancel its mining contract for allegedly being renewed illegally......»»