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Alsons Consolidated raises P516.7 million from debt paper issue for working capital

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Alsons Consolidated Resources Inc., the investment holding company of the Alcantara Group, said Friday it has raised P516.7 million through the issuance of debt papers that represent the fourth tranche of its P3 billion commercial paper program with the Philippine Dealing and Exchange Corp.

EEI signs P1.79 billion tollway contract with Metro Pacific Tollways, unit CIC

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EEI Corp., a leading construction group, said Friday it recently signed a P1.79 billion project contract with Cavitex Infrastructure Corp. for the construction of...

DA welcomes toll fee discounts for truckers of agri products

Agriculture Context.ph Context.ph -
The Department of Agriculture on Friday thanked operators of various tollways in Luzon for agreeing to provide toll fee discounts to trucks transporting agricultural products.

Quarter-million Meralco customers hit by brownout as Luzon grid starves from electricity

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NGCP sends the grid under red alert when the power supply cannot meet consumer demand in the transmission grid's regulating requirement. The power transmission company also placed the Visayas grid under red alert.

CREC slashes IPO price to P2.70 a share

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Citicore Renewable Energy Corp. has slashed the price of its initial public offering by 30 percent to only P2.70 per share from its indicative price of P3.88 apiece. 
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Shorter crops, stronger roots: salt-tough rice, wheat

Agriculture 0
New research published in Molecular Plant, a partner journal of Cell Press, suggests that Green Revolution varieties aren’t just high-yielding, they are also better equipped to handle salty soils. That is a big deal, considering roughly 20 percent of the world’s cultivated land is affected by salinity, a creeping problem that stunts growth and cuts yields.

CCPI to host fully booked ECOMP-P5 conference with top national leaders

Corporate Bulletins 0
The Chamber of Commerce of the Philippine Islands (CCPI) will hold its ECOMP-P5 Synergy Conference, titled “Actionize the Missions of Economic Compass Pillars 5,” featuring prominent leaders in governance, economic development, and capital markets.

Metrobank wins top honors again at PDS Awards

Corporate Bulletins 0
The Metropolitan Bank & Trust Co. (Metrobank) reinforced its dominance in the country’s financial markets after clinching top honors once again at the Philippine Dealing System Annual Awards held March 26 at Makati Diamond Hotel.

Cebu Airport recognized for regional service excellence

Corporate 0
Travel through the Philippines’ central gateway continues to evolve as passenger experience becomes a key measure of airport performance across Asia-Pacific.
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