DigiPlus eyes global markets with strategic executive appointments
DigiPlus Interactive Corp. has expanded its executive leadership team, appointing Tommy Hu as chief executive officer and Rick Li as chief digital officer, signaling its push for global market penetration and deeper digital innovation in the face of intensifying domestic competition in online gaming.
First solar school powered under P1.3B electrification drive
The National Electrification Administration (NEA) and the Department of Education (DepEd) have energized the new solar power facility at Datu Saldong Domino Elementary School in Sitio Tagpangi, Buenavista, Agusan del Norte—marking the first installation under the government’s P1.295-billion Last Mile Schools electrification program.
ERC cites market, peso strength in power rate cuts
The Energy Regulatory Commission (ERC) on Thursday reported a decline in average power generation rates across 15 of 17 regions in May this year, citing favorable conditions at the Wholesale Electricity Spot Market (WESM), a drop in imported coal prices, and a stronger peso.
Vivant commits P46B to reach 30% RE goal by 2030
Vivant Corp. has committed up to P46 billion in capital expenditures through 2030 to achieve its goal of having 30 percent of its portfolio sourced from renewable energy (RE), CEO Arlo Sarmiento said at the company’s annual stockholders meeting.
Ayala lists ₱20B preferred shares on PSE
Ayala Corp. (PSE: AC) successfully listed ₱20 billion worth of Preferred Class “B” shares on the Philippine Stock Exchange (PSE), marking a significant move in its capital-raising strategy and reinforcing investor confidence in both the conglomerate and the domestic capital markets.
