Tuesday, 19 August 2025, 6:40 pm

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    First Gen earnings helped by higher power sales from Clean Energy

    First Gen Corp., a Philippine-listed independent power producer primarily using clean energy, said Friday recurring net income in 2022 rose 5 percent to $265 million compared with the $252 million posted the previous year, helped by gains in geothermal plants, and wind and solar farms.

    JICA helping develop mixed-use spaces in subway stations under construction

    Japan, as represented by the Japan International Cooperation Agency (JICA), has agreed to provide technical services to the country’s implementation of the still evolving...

    Government plans selling $2B to $3B retail bonds in April

    The government on Friday bared final plans to sell so-called retail dollar bonds of up to $3 billion next month as part of the broad plan to support this year’s spending program.

    GT Capital income rises 67% in 2022

    GT Capital Holdings Inc., the holding firm of the Ty group, reported income rising 67 percent in 2022 to P18.4 billion from P11 billion the previous year, due mainly to the performance of its banking unit.

    Australia lends expert hand in support of Manila’s infrastructure buildup program

    The Australian government launched today its Partnerships for Infrastructure (P4I) program in Manila in support of the country’s drive to build public infrastructures that...

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    Quimpo name Ayala Land CFO, signaling strategic financial transition

    Ayala Land Inc. (ALI) has appointed Jose Eduardo A. Quimpo II as its new chief financial officer (CFO) and treasurer, effective August 19, marking a key leadership transition with corporate and commercial implications for the real estate giant.

    DOTr Orders Airlines to Give Real-Time Flight Updates

    The Department of Transportation (DOTr), through the Civil Aeronautics Board (CAB), has issued a directive requiring all airlines to provide passengers with timely and accurate updates on flight status, in line with President Ferdinand Marcos Jr.’s directive to improve the travel experience for Filipinos.

    Clark Airport lowers forecast passenger traffic, citing operational delays

    Luzon International Premiere Airport Development Corp. (LIPAD), operator of Clark International Airport (CRK), has revised its 2025 passenger traffic forecast downward to 3 million, from an earlier estimate of 3.2 million, citing operational delays and airline changes.

    DA pushes for more rice processing systems

    The Department of Agriculture (DA) is seeking to accelerate the development of additional rice processing systems (RPS) nationwide to improve post-harvest efficiency and support the National Food Authority (NFA), whose milling and drying capacity has declined following the Rice Tariffication Law (RTL).
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