MGEN draws line between solar deals
Meralco PowerGen Corp. (MGEN) moved to dispel mounting speculation over its renewable energy investments, stressing that its stake in SP New Energy Corp. (SPNEC) has no connection to the solar franchise held by Solar Para Sa Bayan Corp. (SPBC), a company linked to the Leviste group.
PSE eyes P170 billion in capital raising in 2025
The Philippine Stock Exchange Inc. (PSE) said it could raise about P170 billion in capital funds this year through initial public offerings (IPOs), private placements and preferred share sales, about 20 percent higher than the P140 billion raised last year.
Mixed fuel price movements seen this week
Fuel prices are expected to move in different directions this Tuesday, with a small increase likely for gasoline and little to no change for diesel, according to Jetti Petroleum Inc.
AirAsia Philippines to launch Vietnam flights in March
AirAsia Philippines will expand its Southeast Asian network with new flights from Manila to Hanoi and Da Nang starting March 20, 2026.
DOTr awards $12-M contract to Japanese-Korean joint venture
The Department of Transportation (DOTr) has awarded a $11.98-million contract to a joint venture of South Korean firm Dohwa Engineering Co. Ltd. and Japan’s Nippon Koei Co. Ltd. to prepare a master plan for the country’s railway system.
