100,000 MT less rice seen imported this year and next
The Philippines is seen importing 100,000 metric tons less rice this year and next due to improved farm output and despite the favorable impact of the recalibration of tariff rates on the commodity, the United States Department of Agriculture (USDA) said on Tuesday.
Transmission issues compel SPNEC to seek award termination of 280-MW solar project
SP New Energy Corp. (SPNEC) has asked the Department of Energy (DOE) to terminate the notice of award extended the company's 280-megawatt Sta. Rosa solar project in Nueva Ecija under the first Green Energy Auction round or GEA-1.
Adequately funded Phinma education arm defers planned IPO another 5 years
Conglomerate Phinma Corp. has put off the already delayed listing of Phinma Education Holdings Inc. (PEHI) by another five years.
PLDT posts flat 1H net income as Maya losses temper revenue gain
PLDT Inc. the country’s largest integrated telecommunications group, on Tuesday reported first-half net income barely changed at P18.41 billion, with revenue gains tempered by losses from Maya Innovations Holdings.
MVP wants “greater say” in Maya business direction going forward
A recent deal that valued Globe Fintech Innovations Inc., better known as Mynt and the parent company of GCash, at USD5 billion has left PLDT and Smart chairman and CEO Manuel V. Pangilinan thinking out loud about the performance of Maya Innovations Holdings—the group’s unit directly competing with GCash.
