Prime Infra secures P5B loan from Land Bank
Prime Infrastructure Capital Inc. (Prime Infra) has convinced the Land Bank of the Philippines (Land Bank) to extend the business a P5-billion term loan to partially fund the development of water, sustainable energy and waste management projects across the country.
Cable link across southeast Asia, China finally lands in La Union
Converge ICT Solutions Inc. on Thursday said the Philippine branch of the South-East Asia Hainan-Hong Kong Express Cable System (SEA-H2X) successfully landed in Bauang, La Union.
Telco reworks validation process, adopts new tech to thwart SIM registration fraud
Smart Communications has implemented stricter verification processes and adopted more advanced technology to combat fraudulent SIM card registration.
Meralco unit MGreen grants P6.7 billion loan to SP New Energy; may swap it for shares
Manila Electric Co. said its wholly-owned subsidiary, MGen Renewable Energy Inc., has extended a P6.7 billion one-year loan to could provide with an 11.6 percent of SP New Energy Corp., a listed renewable energy company.
August inflation eases to 3.3 percent on slower increases in rice price, other food items
Headline inflation in the Philippines slowed to 3.3 percent in August 2024, its slowest pace since January this year, as increases in the prices of rice, other food items as well as the cost of transport and cooking gas eased, the Philippine Statistics Authority said Thursday.
