German firm expands with $16-M plant in PHL

GERMAN firm ZAMA Precision Industry Manufacturing Philippines, Inc. is expanding its manufacturing capabilities in the country through a new facility in Sto. Tomas, Batangas. In...

Solar-powered commercial building launched in Cebu 

PROPERTY developer JEG Development Corp. (JDC) and Vivant COREnergy Inc. introduced the first solar-powered commercial building in Cebu City.   In a virtual press conference...

ACEN readies 60-MW solar farm in Pangasinan

ACEN Corp. said on Thursday that it is set to start building a P2.8-billion 60-megawatt (MW) solar farm in Pangasinan, marking the Ayala-led company’s...

GCash, Grab team up for more accessible e-payments

GCash and Grab Philippines have tied up to allow customers to use their mobile wallet as a direct payment method when using the services...

Globe: 50,000 SIM cards blocked in 2022 due to fraud

Globe Telecom, Inc. on Thursday said more than 50,000 subscriber identity module (SIM) cards linked to fraud were blacklisted last year. This was on top...

Meralco unit installs 2 more solar rooftops

MANILA ELECTRIC CO. (Meralco) said on Thursday that its renewable energy unit has turned over solar rooftop projects to The Orchard Golf and Country...

Kia Philippines launches dealership in Libis

KIA PHILIPPINES recently inaugurated a new dealership in Libis, Quezon City as part of its expansion efforts across the country. The South Korean car brand...

How PSEi member stocks performed — January 26, 2023

Here’s a quick glance at how PSEi stocks fared on Thursday, January 26, 2023.

Meralco to start sourcing 670 MW from spot market

ABOITIZ Power Corp. (AboitizPower) will no longer supply power to electricity distributor Manila Electric Co. (Meralco) as their emergency power supply agreement (EPSA) ended...

SEC revokes license of Fast Coin Lending

THE Securities and Exchange Commission (SEC) revoked the business registration of Fast Coin Lending Corp. for not complying with regulator-imposed rules. In a press release...

ACEN starts building 300-MW Palauig solar project in Zambales

ACEN Corp. announced on Wednesday that it recently started the construction of its P16 billion 300-megawatt (MW) Palauig 2 solar farm in Zambales. In a...

RLC Residences launches 50-floor upscale condo

THE residential division of Robinsons Land Corp. (RLC) has launched the first tower of Le Pont Residences located in a 31-hectare master-planned estate in...