Telco niche player plans raising P3B via IPO
InfiniVAN Inc., a Japanese telecommunications company specializing in business-to-business internet solutions, is considering going public by late this year or early next year. The company aims to raise between P2 billion to P3 billion from local investors, marking a significant step in its growth plans.
SPNEC plans new solar farm in Batangas
SP New Energy Corp. (SPNEC), the solar power producer now under the control of Manila Electric Co. (Meralco), has unveiled plans for a second major solar farm in Batangas.
Maynilad raising over P43B in proposed IPO
West Zone Maynilad Water Services Inc. announced plans to raise up to P43.78 billion in an initial public offering (IPO) at the Philippine Stock Exchange (PSE).
TRB betrays bias vs barrier-free expressways
The Toll Regulatory Board (TRB) has betrayed a bias against fast, barrier-free transits at expressways with the decision announced Sunday to achieve that goal as quickly as within the year as it earlier committed but in two or three years instead.
ADB funds flood mitigation projects
The Department of Public Works and Highways (DPWH) is set to receive funding from the Asian Development Bank (ADB) to support major flood mitigation initiatives that address recurring flooding and enhance community resilience across the Philippines.
