SMPC wins awards in regional investor poll
SEMIRARA Mining and Power Corp. (SMPC) bagged four awards during the 12th Institutional Investor Corporate Awards of Hong Kong-based Alpha Southeast Asia magazine.
Data center demand prompts call for ESG planning — JLL survey
ENVIRONMENTAL, social, and governance (ESG) planning should be prioritized as data center investments in the Philippines and across the Asia-Pacific (APAC) region are expected to grow due to surging demand, according to a report by real estate consultant JLL.
Suntrust’s parent firm changes name
LOCALLY LISTED Suntrust Resort Holdings, Inc. said its parent firm in Hong Kong is changing its corporate name to reflect the group’s focus on tourism-oriented ventures.
How PSEi member stocks performed — July 21, 2022
Here’s a quick glance at how PSEi stocks fared on Thursday, July 21, 2022.
Dollar debts of Globe and SMC ‘sufficiently’ hedged: CreditSights
GLOBE Telecom, Inc. and San Miguel Corp. (SMC) — on a standalone basis — have sufficiently hedged their US dollar (USD) debts, according to financial research firm CreditSights, Inc.
BoI approves P2-billion solar power plant project in Naga
THE BOARD of Investments (BoI) has approved the registration application of PAVI Green Renewable Energy, Inc. for its P2-billion solar power plant project in Naga City, Camariñes Sur which is seen to help address the power demand in Luzon.
Alternergy project secures P600-M funding from DBP
RENEWABLE ENERGY company Alternergy Holdings Corp. said a mini hydropower project it is co-developing has received approval for P600-million funding support from the Development Bank of the Philippines (DBP).
Citicore secures 1-MW contract with JE Hydro and Bio Energy
CITICORE Renewable Energy Co. (CREC) secured a 1-megawatt long-term power supply contract with water management solutions provider JE Hydro and Bio Energy Corp. (JEHBEC).
NLEX Corp. upgrades Subic Freeport Expressway
NLEX Corp. said on Wednesday that it is investing more in the enhancement of the Subic Freeport Expressway (SFEX) to make it safer for motorists.
Bayan Muna asks SC to reverse ruling on Meralco price hike
BAYAN MUNA party-list group on Wednesday asked the Supreme Court (SC) to reconsider its decision upholding a 2013 approved rate hike application of P22.6 billion by Manila Electric Co. (Meralco).
How PSEi member stocks performed — July 20, 2022
Here’s a quick glance at how PSEi stocks fared on Wednesday, July 20, 2022.
PAL, AirAsia to increase fuel surcharge next month
FLAG carrier Philippine Airlines, Inc. (PAL) and low-cost carrier Philippines AirAsia, Inc. (AirAsia Philippines) said they have filed an application with the Civil Aeronautics Board (CAB) to impose a higher fuel surcharge in the coming month.