OMT boosts cargo handling with $25M investment in new cranes
Onne Multipurpose Terminal (OMT), operated by International Container Terminal Services, Inc. (ICTSI) in Nigeria, has secured two new mobile harbor cranes (MHCs) worth USD25 million, enhancing its capacity to manage increasing cargo volumes and streamline port operations.
AirAsia sees bookings surge ahead of lunar new year travel
AirAsia Philippines is experiencing a significant uptick in bookings, with 220,000 passengers expected to travel to popular festive destinations across Asia between January and February this year. p
SteelAsia to build P30B plant in Quezon, appoints EPC
SteelAsia Manufacturing Corp., the country's leading steel manufacturer, has announced plans to build a state-of-the-art P30-billion steel plant in Candelaria, Quezon, aimed at producing heavy structural steel products currently 100 percent imported.
RCBC raises $350M from 5-year notes with 5.375% coupon
Rizal Commercial Banking Corp., the country's sixth-largest bank by assets, said on Wednesday it successfully priced a 5-year bond that will raise USD350 million, marking its return to the international USD-denominated debt market.
Mabini Wind Power project completes wind resource assessment
Basic Energy Corp. said its subsidiary RDG Wind Energy Corp. has completed the wind resource assessment (WRA) for Mabini Wind Power Project, a renewable energy project RDG Wind manages.
