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DigiPlus taps Teneo for global expansion strategy

DigiPlus Interactive Corp. is bringing in global CEO advisory firm Teneo as a strategic adviser as the Philippine digital entertainment company prepares to pursue growth opportunities beyond its home market.

Security Bank CFO Yap named SME finance forum co-chair

Security Bank Chief Financial Officer JD Yap has been named one of four co-chairs of the newly launched East Asia and Pacific Regional Chapter of the SME Finance Forum, giving the Philippines a seat at the table in regional efforts to expand financing for micro, small, and medium enterprises.

ACEN sells 49% stake in India wind project

ACEN Corp. is bringing in a new partner for an Indian wind project as the Ayala-led renewable energy company continues expanding its footprint in one of Asia’s fastest-growing clean energy markets.

Ex-Energy chief Almendras withdraws from FPH director nomination

Jose Rene Gregory D. Almendras has withdrawn his nomination as an independent director of First Philippine Holdings Corp., citing personal circumstances that would prevent him from giving the role the attention and commitment it deserves. 

SM Cebu Arena seen driving property growth

SM Prime Holdings Inc. expects the SM Seaside Cebu Arena to replicate the growth impact of the Mall of Asia Arena, using the new venue to drive foot traffic, spending, and activity across its Cebu property portfolio.

Just in

Vivant’s COREnergy to supply 0.6MW power to Cebu’s JEG Tower under 2-year fixed-rate deal

COREnergy, the energy retail subsidiary of listed firm Vivant Corp., has secured a contract to supply 0.6 megawatts of electricity to JEG Tower in Cebu City, marking a key expansion of its commercial client base and advancing its parent group’s broader energy investment and growth targets.

Low conviction rate in power theft cases fuels reform push; DOE proposes phased removal of non-technical systems loss charges

Only 21 out of 548 electricity pilferage cases recorded since 2022 have resulted in convictions, data presented at the Senate Committee on Energy hearing on August 18 showed, revealing severe enforcement gaps under Republic Act 7832 or the Anti-Electricity and Electric Transmission Lines/Materials Pilferage Act of 1994.

Agri damage hits P1.73B; TD Neneng now included

Agricultural losses from the enhanced monsoon and storms Luis, Maymay, and TD Neneng rose to P1.73B, the DA said in its Aug. 20, 7 a.m. advisory — up from P1.42B on Aug. 17 before Neneng’s effects were tallied.

PSE sets Robinsons Retail delisting on Aug 31

Robinsons Retail Holdings Inc. (RRHI), part of the Gokongwei Group, is set to end its tenure as a publicly listed company at the end of August, after the Philippine Stock Exchange approved its petition for voluntary delisting.
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