Robinsons Land, RL Commercial REiT in P33.92 billion property-for-share swap
Robinsons Land Corp. said Thursday its board approved the infusion of 11 shopping malls and two office buildings to its real estate investment trust, RL Commercial REIT Inc., that will nearly double the gross leasable area of listed RCR to 827,808 square meters.
Jobless rate in April eases to 4% from 4.5% year-earlier — PSA
The unemployment rate in the Philippines declined in April to 4 percent from 4.5 percent in the year-ago period, with the economy creating more jobs in industry and services to take up the slack in agriculture because of the adverse impact of El Nino on the farm sector.
ACEN infuses P8.7 billion in Giga Ace to fund solar farm project
ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday it bought additional shares in Giga Ace 8 Inc. worth P8.7...
San Miguel Food executive compensation likely lower in 2024
Are executives and directors of San Miguel Food and Beverage Inc., including its president and chief executive officer Ramon Ang, taking a hit on their paychecks?
NPC petitions ERC for higher SPUG rates 10 years in a row
The National Power Corp. (NPC), which recovers only around a third of costs incurred in supporting the Small Power Utilities Group, is optimistic the Energy Regulatory Commission (ERC) will act quickly on its petition to raise the power rates charged by the various SPUGs.
