Alsons to start construction of three RE projects in 2024
ALCANTARA-LED Alsons Consolidated Resources, Inc. is set to begin construction of 79.8 megawatts (MW) of combined renewable energy (RE) projects next year, the company...
German cosmetics, wellness firms keen on PHL opportunities
GERMAN cosmetics and wellness firms are eyeing business opportunities in the Philippines, the German-Philippine Chamber of Commerce and Industry (GPCCI) said.
Five German companies are...
How PSEi member stocks performed — June 20, 2023
Here’s a quick glance at how PSEi stocks fared on Tuesday, June 20, 2023.
DoTr’s proposed 15-year NAIA concession won’t do much, says consortium
A 15-YEAR concession period proposed by the Transportation department and the Manila International Airport Authority (MIAA) will not significantly transform the Ninoy Aquino International...
Wilcon expects muted growth this year — CEO
LISTED home improvement and construction supply retailer Wilcon Depot, Inc. expects muted growth this year due to its high base in 2022 and a...
AppleOne, Marriott International ink new deal for Bohol hotel
CEBU-BASED property developer AppleOne Properties, Inc. on Monday said that it had signed another deal with Marriott International to build a five-star hotel in...
NGCP says investment in substation upgrades reaches P6.47 billion
THE National Grid Corp. of the Philippines (NGCP) on Monday said that it had invested about P6.47 billion in substation upgrades to ensure grid...
Alsons eyeing more partnerships, earmarks P6B for power projects
ALSONS Consolidated Resources, Inc. said on Monday that it is exploring various partnerships to increase the share of renewable energy in its power generation...
CTA upholds ruling to grant part of Axelum’s refund claim
THE Court of Tax Appeals (CTA) has stood by its decision to grant part of Axelum Resources Corp.’s refund claim in the amount of...
NEXIF RATCH Energy starts construction of Calabanga solar project
NEXIF RATCH Energy Investments Pte. Ltd. (NEXIF RATCH Energy) has started the construction of its solar photovoltaic (PV) farm in Calabanga, Camarines Sur, after...
BCDA’s remittance to beneficiaries declines 54% in 2023
THE Bases Conversion and Development Authority (BCDA) remittance to the Bureau of the Treasury declined by 54% from P7.21 billion in 2023.
For this year’s remittance,...
How PSEi member stocks performed — June 19, 2023
Here’s a quick glance at how PSEi stocks fared on Monday, June 19, 2023.