ACEN units transition to renewable energy
Healthway Medical Network, a unit of AC Health, has tapped ACEN Corp.'s retail electricity arm ACEN Renewable Energy Solutions (ACEN RES) to supply a number of its medical facilities with renewable energy.
US Court approves USD3 million settlement of class suit vs PLDT on capex overrun
PLDT Inc., the Philippines’ largest integrated telecommunications company, disclosed Thursday that a court in the U.S. has approved the listed company’s proposed USD3 million settlement of a class suit due to overruns in capital expenditures between 2019 and 2022.
SEC revokes Boracay Capital corporate franchise
The Securities and Exchange Commission has ordered the revocation of the primary license or incorporation of Boracay Capital Holdings Inc. for selling investment contracts without benefit of registration.
DBP begins loan-for-rice program in Nueva Ecija
The Development Bank of the Philippines (DBP) on Wednesday sought to enlist an initial 50,000 farmers under the Agri Puhunan at Pantawid (APP) loan program crafted to help rice farmers get by in the ongoing dry cropping season.
PPA notes tardy removal of rice imports at ports
State-run Philippine Ports Authority (PPA) on Wednesday assured the traveling public against congestion at the Manila International Container Terminal and South Harbor and its knock-on effect on shipments, particularly rice, among other impacts.
