Renewable energy developer Blueleaf Energy Philippines is lining up a $1.5 billion power development program that allows it to build floating solar facilities with aggregate output of 1,550 megawatts.
ABS-CBN Corp. on Thursday reported paring its loss by 18 percent in the first three months this year to P994 million from P1.2 billion in the same period last year.
The Philippine Stock Exchange Inc. and China Banking Corp. on Wednesday held a special bell ringing ceremony marking the first time that Chinabank traded under the stock symbol CBC from CHIB.
Shakey’s Pizza Asia Ventures Inc., which owns the American pizza brand in the region, is confident of hitting double digit growth this year betting on the basis of the strong following of its stable of brands and continued store expansion.
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudsters falsely presenting themselves as BSP officials or employees. Scammers may send letters, emails, or text messages asking people to deposit or transfer money, claiming the payment is needed to release, recover, or restore funds, or even for charitable causes. Some also show fake BSP identification cards complete with names, photos, and forged signatures to appear credible.
JTI Philippines has appointed Alan Jackson as general manager, tapping his international leadership experience as the tobacco company seeks to expand its portfolio, strengthen operations and address illicit trade in the local market.
Puerto Princesa City is positioning itself for sustained economic growth through major tourism, hospitality and property developments, as investors explore opportunities in Palawan’s expanding visitor economy.
Manulife Investments Philippines has broadened its investment offerings beyond real estate investment trusts (REITs), introducing a multi-asset fund that gives Filipino investors exposure to global infrastructure, natural resources and inflation-linked securities.