ACEN says 700-MW solar, wind plants to run in 2023
ACEN Corp. is expecting at least 700 megawatts (MW) of its solar and wind projects to start operations in 2023.
“ACEN is currently building over...
ICTSI rises on prospects for 2023, acquisition news
SHARES in Razon-led International Container Terminal Services, Inc. (ICTSI) moved upward last week as investors assessed the port operator’s financial performance as well as...
PSE projects market rebound after decline in 2022
BOURSE operator Philippine Stock Exchange, Inc. (PSE) expects local shares to bounce back in 2023 as it banks on the further reopening of the...
SMC unit to supply Albay utility’s one-year power needs
SMC Global Power Holdings Corp.’s subsidiary will supply the power requirements of Albay Electric Cooperative (Aleco) for one year, the company announced on Thursday.
“This...
Vista Land draws on P12-B facility to refinance loans
VISTA LAND & LIFESCAPES, Inc. has obtained a three-year corporate note facility of up to P12 billion that it will use to refinance its...
NTC: Over 3 million SIM cards registered so far
MORE THAN 3 million subscriber identity module (SIM) cards have been registered as of Dec. 28 as required by law, according to the National...
AC Logistics unit tapped to handle waste in El Nido
SUBSIDIARIES of AC Logistics Holdings Corp. and Ayala Land Hotels and Resorts Corp. (ALHRC) signed an agreement for the transport, handling, and management of...
CTA affirms ruling partially granting shipping firm’s VAT refund claim
THE Court of Tax Appeals (CTA) has affirmed its ruling partially granting BW Shipping Philippines, Inc.’s P3.18-million refund claim representing its excess input value-added...
MWSS to Maynilad: Explain service interruptions
THE regulatory office of the Metropolitan Waterworks and Sewerage System (MWSS) has warned Maynilad Water Services, Inc. of another sanction if the concessionaire fails...
Japan’s Kurabe plans P2-B plant in LIMA Estate — AIC
ABOITIZ InfraCapital, Inc. (AIC) on Thursday said Japanese manufacturing company Kurabe Industrial Philippines, Inc. is investing P2 billion to build a plant in the...
How PSEi member stocks performed — December 29, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, December 29, 2022.
SC reverses ruling on mining firms in Benguet town
THE Supreme Court (SC) has set aside a Court of Appeals (CA) ruling that allowed Lepanto Consolidated Mining Co. and Far Southeast Gold Resources,...