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THE Philippine Competition Commission (PCC) has approved the joint venture (JV) between Ayala-led AC Energy Philippines, Inc. (ACEPH) and the Philippine energy unit of Japan-based Marubeni Corp. that is looking to build a diesel-fired plant in Rizal.
MANGROVES are more beneficial to fishing communities than fish farming, which employs few workers, a marine scientist said at an online forum organized by Oceana Philippines.
POWER generating capacity from coal-fired plants is expected to rise 135% after all plants currently being built become operational, after a moratorium on new builds was declared last month, Clean Air Asia (CAA) said in a report.
THE ABOITIZ GROUP’S contribution to the country’s coronavirus disease 2019 (COVID-19) response has reached over P2.2 billion, with the company being among the firms that first offered support to the government at the beginning of the pandemic.
ENVIRONMENTAL PRESERVATION jobs have been included in the Department of Labor and Employment’s career information system targeted for launch online early next year, a Labor official said Saturday.
Local shares tumbled on Friday and closed below the 6,800-mark, as the market continued to correct a week after the central bank announced a...
The Philippines was cited as a regional leader in sustainable finance thanks to the combined efforts of the government, banks, and businesses, according to...
CHEVRON Philippines, Inc. has appointed petroleum industry expert Billy Liu as the firm’s new country chairman and general manager to lead its downstream business, the company said on Thursday.
FORMER property development business MRC Allied, Inc. is now operating as a holding company, the firm said in a disclosure to the local bourse on Wednesday.
RENEWABLE energy developer Buskowitz Energy is offering its signature Solar Home Systems at a 40% discount per package, with rates starting at around P119,000, as part of its three-day Black Friday Sale, the firm said in a media release.
A SHIFT to the green economy by Southeast Asia is projected to be worth about $1 trillion a year by 2030, Bain & Co. said in a report.
MICRO, small and medium enterprises (MSMEs) will find it easier to do business if they receive efficient services from their regulators, the Philippine Competition Commission (PCC) said on Wednesday.
MALABON AND NAVOTAS cities did not experience heavy floods during the onslaught of typhoons Rolly and Ulysses because of the presence of the government’s water pumping stations, which were complemented by San Miguel Corp.’s (SMC) Tullahan-Tinajeros river dredging project, the firm said on Tuesday.
SOLAR Philippines has named a new chief executive officer (CEO) to lead the company a month after signaling a new strategic direction in onboarding professional management, the solar energy provider said on Tuesday.
EARLY WARNING of a calamity needs to be matched by appropriate community action, a University of the Philippines (UP) expert said Tuesday.
FINANCIERS of renewables are able to limit their financial risks, because they can invest in smaller amounts on those projects, the head of one of the fastest growing Philippine energy companies said on Monday.
POWER producer Global Business Power Corp. (GBP) has remitted P23.3 million of funds to its host community in Toledo, Cebu, to help in boosting the local government’s response to the global health emergency, the firm said in a press release on Monday.
FEDERICO R. Lopez, the chairman of First Philippine Holdings Corp. (FPH), has called on companies to go beyond sustainability by converting into “regenerative forces” to ensure the safety of the planet.
A SENATOR asked his fellow lawmakers on Monday to double the 2021 budget for the restoration of power facilities damaged by recent typhoons.
THE Energy Regulatory Commission (ERC) said Monday that it issued 113 certificates of compliance (CoCs) to power projects rated at 4,213 megawatts (MW) in the three months to September.
https://open.spotify.com/episode/17vyqvinYiVaA9VI7GcpyN Follow us on Spotify BusinessWorld B-Side Fake COVID-19 cures and preventive measures are proliferating online, in chat groups and social media. Bananas, saltwater, and onions...
AYALA-LED AC Energy, Inc. plans to sell its investments in coal-fired power plant projects in Bataan and Lanao del Norte in line with its goal to generate more than half of its energy output from renewables by 2025.
CONCRETE action is needed now to address the climate crisis so that nations across the world, particularly in southeast Asia, can prevent the emergence of diseases, a Filipino doctor said on Friday.
THE Supreme Court took a "hands-off approach" when it denied Akbayan's motion to reprimand the Environment department for its controversial "white sand" project along...
STOCKS ended higher on Friday after the central bank cut benchmark rates to new record lows, drawing positive reactions from investors. The benchmark Philippine...
THE LIFTING of the suspension of exploration activities in the West Philippine Sea will help in the country's economic recovery, the Energy secretary said...
AYALA-LED AC Energy Philippines, Inc. will need up to $2 billion to exceed its 2025 target 5-gigawatt of installed energy capacity, which will also see the completion of its corporate transformation and restructuring, its top official said on Thursday.
AC ENERGY, Inc. has called on investors on Wednesday to tap into the Ayala-led company’s senior green bonds under its recently upsized $2-billion medium-term note program.
San Miguel Corp. (SMC) plans to construct a 200-megawatt (MW) solar farm in Bulacan to power its New Manila International Airport project, the firm said in a press release on Wednesday.
STATE-LED Power Sector Assets and Liabilities Management Corp. (PSALM) will hold an online pre-negotiation conference on Thursday for the sale of its Paco, Manila property.
THE ENVIRONMENT department would continue efforts to stem the illegal wildlife trade to prevent the spread of microbial infections from animals to humans, an official said on Wednesday.
Alsons Consolidated Resources, Inc. (ACR) recorded a drop in its third-quarter net income attributable to parent equity holder, but profit for the nine months through September was strong.
THE Department of Energy (DoE) said Tuesday that it has received 44 applications for renewables service and operating contracts linked to projects with the potential to generate 1,479 megawatts (MW).