First Gen, Prime Infra sign LNG terminal lease
FIRST GEN Corp. and Prime Infrastructure Capital, Inc., through their subsidiaries, signed a 15-year lease agreement over the former’s liquefied natural gas (LNG) storage...
Meralco’s Pangilinan takes over SPNEC
MANUEL V. Pangilinan, chairman and chief executive officer (CEO) of Manila Electric Co. (Meralco), has taken over the Leviste-led SP New Energy Corp. (SPNEC)...
ACEN acquires two firms under Yoma Micro Power
AYALA-LED ACEN Corp., through its subsidiary, took over two companies under Yoma Micro Power Pte. Ltd. to provide solar power to telecommunication towers as...
SEC approves Filinvest, Dagupan Electric offerings
THE Securities and Exchange Commission (SEC) said on Wednesday that it had approved the public offering of two companies.
The Commission En Bank of SEC...
Maynilad, JGC-Hitachi consortium to upgrade five wastewater acilities
MAYNILAD Water Services, Inc. has awarded a P998-million contract to the consortium of JGC Philippines, Inc. and Hitachi Asia, Ltd. to upgrade five of...
Upper Wawa Dam on track to start operations by 2025
WAWAJVCO, Inc. is on track to begin the commercial operations of the Upper Wawa Dam and supply water by the end of 2025, it...
Davao City call center partners with consumer service clients
DAVAO CITY — SixEleven Global Services, the first locally owned call center in Davao City and the entire Mindanao, has boosted its operation by...
BDO completes deal to fully own SM Keppel Land
KEPPEL Philippines Properties, Inc. said BDO Unibank, Inc. completed the acquisition of all its shares in SM Keppel Land, Inc.
The company said on Wednesday...
Manila Water unit fined
MANILA Water Co., Inc. told the local bourse on Wednesday that its subsidiary Clark Water Corp. (CWC) paid a P1.06 million fine for violation...
How PSEi member stocks performed — December 27, 2023
Here’s a quick glance at how PSEi stocks fared on Wednesday, December 27, 2023.
Meralco’s ‘fair’ rates rank below global average
MANILA ELECTRIC Co. (Meralco) said it has “fair and reasonable rates” as its business scale enables it to source the cheapest cost of electricity.
“Meralco,...
Leechiu expects retail and residential sectors to do better next year
THE residential property sector is seen to improve next year with expansion expected outside Metro Manila, while the retail sector will continue to recover,...