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Schools in low-income countries are embracing ‘low-tech’ solutions amid the pandemic

“Low-tech” interventions such as paper-based activities and radio programs are helping educational institutions in low-income countries educate those who need it the most amid...

Phinma sells stake in solar firm to steel products unit UGC

LISTED company Phinma Corp. has sold its stake in a solar energy unit for around P218.35 million to a subsidiary as it rationalizes the ownership structure of its construction materials business.

Phinma divests in BPO research, consultancy unit

PHINMA CORP. has sold its research and consultancy unit to focus on businesses in the education and construction materials sectors.

Phinma closes P400-M outlay in cement unit

PHINMA CORP. on Tuesday closed its P400-million investment in Philcement Corp. after paying the last tranche of its deal value.

Phinma acquires Laguna college for P449 million

THE EDUCATION UNIT of Phinma Corp. has invested P449 million to buy a controlling stake in a Laguna-based college to beef up its portfolio.

Phinma targets more schools as it maps global expansion

THE education unit of Phinma Corp. is expanding its global footprint with a plan to acquire more schools in the country and enter new territories abroad.

Phinma education unit takes over Republican College

PHINMA Corp. said Friday that its education subsidiary acquired a controlling stake in The Republican College, Inc. and made new investments in the acquisition to buy “essential” properties.

Phinma cement unit to buy land, port at Bataan plant site

PHINMA Corp. said its cement unit is buying the port facilities and land at its Bataan cement processing terminal for P800 million.

Phinma to invest $50 million into unit of Vietnamese cement firm

PHINMA CORP. is investing $50 million into a unit of Vietnamese cement manufacturer Vissai to finance the expansion of its cement plant.

Phinma education unit takes in investment from private equity firm, ADB

PHINMA Corp. said on Friday that a private equity fund and the Asian Development Bank (ADB) are investing P1.625 billion in its education subsidiary, giving the investors board representation in the unit.

Phinma exits energy business

THE Phinma group signed an investment agreement to sell its stake in the energy sector to AC Energy, Inc., marking the former’s departure from power generation and retail electricity and the Ayala-led company’s growing prominence in the said businesses.

Phinma finalizing acquisition of Indonesian school this year

THE Phinma Group said the proceeds from a recent transaction with Ayala Corp. will help materialize this year its push to expand its education business in Southeast Asia while also beef up the company’s construction business.

Phinma cement unit obtains P875-million loan

PHINMA CORP. on Monday said its cement trading unit obtained a P875-million loan from Security Bank.

Phinma to conduct further studies in Palawan

By Victor V. Saulon, Sub-Editor PHINMA Petroleum and Geothermal, Inc. (PPG) plans to conduct further geophysical studies in service contract (SC) 55, the offshore southwest...

Phinma eyes LNG facility in Cebu

By Victor V. Saulon, Sub-Editor PHINMA Petroleum and Geothermal, Inc. (PPG) is developing a liquefied natural gas (LNG) facility with a 120-megawatt (MW) power plant...