Two banks granted P8 billion to renewable energy company Alternergy Holdings Corp. (Alternergy) to finance the building of a 112 megawatt (MW) wind power project in the province of Rizal.
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Mina Tierra Gracia, Inc. (MTGI), a wholly-owned subsidiary of NiHAO Mineral Resources International, Inc., entered into an Operating Agreement with Sorentomines, Inc. for the exploration, development, extraction, and marketing of minerals obtained from the mineral property in the municipalities of Botolan and Iba, Zambales, covered by MTGI’s Mineral Production and Sharing Agreement No. 345-2010-III Amended I (MPSA).
Aboitiz Power Corporation Announces a Partnership with Thailand-Based REPCO NEX Industrial Solutions5/31/2024 Aboitiz Power Corporation (AboitizPower) has teamed up with Thailand-based company REPCO NEX Industrial Solutions (REPCO NEX) to launch the Philippines' first smart power plants.
DoubleDragon's CityMall-Calamba Laguna celebrates the opening of the first Jollibee Group Multi-Brand Store conversion, including the revolutionary format of Jollibee, Mang Inasal, Greenwich, and Chowking all in one kitchen.
Union Bank of the Philippines (UBP) recently concluded its P10 billion Stock Rights Offering (SRO) with strong shareholder support.
Alsons Consolidated Resources (ACR) is dedicated to promoting corporate growth by optimizing its resources, expediting the development of renewable energy projects, and investigating expansion options.
Ginebra San Miguel Inc. (GSMI), a majority-owned subsidiary of San Miguel Corporation (SMC), reported a strong first quarter performance, maintaining the company's ten-year trend of consistent growth and improving its market position.
Globe Telecom, Inc. Creates a New Group for AI Development, Names its First Chief AI Officer5/29/2024 Globe Telecom, a leader in telco and technology solutions in the Philippines, has formed a new group to oversee the company's adoption of artificial intelligence as it continues to innovate to meet Filipinos' daily pain concerns.
Rockwell Land Corporation Declares 500 Hectares in Land Bank, Forecasting Revenue Growth Until 20285/28/2024 Rockwell Land Corporation declared a significant growth in its landbank with a total of 500 hectares to its name this year. This is projected to generate an increase in revenue for the company in the next 5 years.
Through SM Markets, the SM Investments group plans to open 10 to 15 new stores this year in order to better fulfill the basic requirements of Filipino communities in underserved areas and give provincial regions better access to a modern food shopping experience.
Megaworld Corporation’s subsidiary, Global-Estate Resorts, Inc. (GERI), is developing a 150-hectare beachside property in Lian, Batangas. The company is allotting an initial P5 billion to develop the beachside township within the next 10 years.
The Securities and Exchange Commission (SEC) has considered favorably the shelf registration of SM Prime Holdings, Inc. for up to P100 billion of fixed-rate bonds.
The shareholders of Investree Philippines Inc. (Investree PH), namely Investree Singapore Pte. Ltd. and f(dev) Digital Innovations and Ventures, Inc., a subsidiary of Filinvest Development Corporation (FDC), have approved the winding down of the operations of Investree PH. In addition, Investree PH will apply for the shortening of its corporate term up to September 30, 2025.
AllDay Supermarket, a premium segment supermarket, reported a modest improvement in its performance for the first quarter of 2024: P2.468 billion in revenue, 1.1% higher than Q12023's P2.441 billion, and a reported Net income after taxes (NIAT) of P97 million, 10.2% higher than the previous comparable period of P88 million.
Alsons Consolidated Resources Inc. (ACR) of the Alcantara Group successfully raised P516.7 million in Commercial Paper (CP) from the fourth tranche of its P3 billion CP Program with the Philippine Dealing and Exchange Corporation (PDEx). The funds raised will be used primarily for ACR's general working capital.
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BLOGGER Hi, I'm Ralph Gregore Masalihit! An RFP Graduate (Registered Financial Planner Institute - Philippines). A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy). Currently, I'm working my way toward time and financial freedom. Follow me on FACEBOOK x PLACE YOUR ADS HERE PLACE YOUR ADS HERE Categories
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