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Laurel names NFA director as OIC at scandal-racked agency

The National Food Authority (NFA) has a new officer-in-charge of its daily operations interrupted by revelations of alleged anomalous sale of government procured rice stock to traders.

MWSS warns of service interruptions should NWRB decide on reducing Angat water allocation

The Metropolitan Waterworks and Sewerage System (MWSS) warned of night time interruptions in some areas in Metro Manila in April if the allocation from Angat Dam is reduced to 48 cubic meters per second from 50 CMS.

Alternergy awards construction of wind farms to China companies

Renewable energy developer Alternergy Holdings Corp. has awarded China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and its local subsidiary, GEDI Construction Development Corp., the contract to build wind farms in the province of Quezon and Rizal.

Israeli company schedules seismic survey of Palawan for petroleum 

The Israeli company Ratio Petroleum Ltd. operating Service Contract 76 at the East Palawan Basin is scheduled to begin a seismic survey this month.

DMCI projects generating P22 billion from The Valeron in Pasig

DMCI Homes Inc. anticipates sales reaching P22 billion from The Valeron condominium in Pasig it is jointly developing with Japan’s Marubeni Corp. 

Just in

P6.43T green lane projects advance toward implementation  

Projects endorsed under the government’s Green Lane Initiative are beginning to transition from approvals to execution, signaling early traction in the Philippines’ efforts to accelerate strategic investments across priority sectors.

Globe ramps up Metro Manila network, strengthens 5G services

Metro Manila, the country’s main economic and cultural center contributing 31.2 percent of national GDP, is seeing a major boost in digital connectivity as Globe accelerates network upgrades across the region.

RCBC raises record P20.5B ASEAN sustainability bonds

Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, has raised a record P20.5 billion from its Series G ASEAN Sustainability Bonds, underscoring strong investor appetite for Environmental, Social, and Governance-linked debt despite a volatile rate environment.

Prime Media cuts capital, retires preferred shares

Prime Media Holdings, Inc. has secured regulatory approval to streamline its capital structure, following the retirement of a class of preferred shares.
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