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Meralco unit wins contract to build Singapore’s 100-MW LNG-fed ancillary plant

Meralco Power Gen Corp. (MGen) affiliate firm Pacific Light Power Pte Ltd (PLP) on Wednesday announced winning the contract to build power generating units providing Singapore’s Energy Market Authority with 100 megawatts of fast start generation facility by the second quarter next year. 

Telco helping empower farmers, fisherfolk with non-collateralized loans

GCash, Globe's mobile wallet, has tapped Farm Konekt to provide farmers and fishermen access to non-collateralized loans powered by its credit arm, Fuse Lending.

Initial GMA – ABS-CBN partnership not likely the last

GMA Network Inc. on Wednesday warmed up to the idea of expanding its partnership with ABS-CBN Corp. beyond what the former ratings rivals have initially collaborated on in the recent past.

PAL adopts fuel-saving tool developed by OpenAirlines

The Philippine Airlines has tapped OpenAirlines and its fuel management system that allows PAL pilots to save on fuel. 

Security Bank posts 11% more 1Q profits to P2.6 billion

Security Bank has posted a net profit of P2.6 billion in the first three months of the year that officials attribute to the expansion...

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Ilocos solar project secures P2.7B financing

A solar power project in Ilocos Norte has reached a key milestone after securing funding for its development.

VSTECS named Fastly distributor in PH

VSTECS Phils., Inc. has been appointed as the official Philippine distributor of Fastly, Inc., a global edge cloud platform provider.

Prime Infra, not Lopez, pushed “key man” clause in hydro deal — First Gen

First Gen Corporation on Thursday stressed that it was Prime Infrastructure Capital, Inc. (Prime Infra)—not its chairman and CEO Federico “Piki” Lopez—that insisted on including “Key Man” or Change of Management Control (CMC) provisions in their hydro power agreements.

Philippines launches safeguard probe into rice imports officially

The Philippines has launched a safeguard investigation into rice imports, intensifying scrutiny over rising inflows that policymakers say may be undermining the domestic farming sector. 
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