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EEI signs P1.79 billion tollway contract with Metro Pacific Tollways, unit CIC

EEI Corp., a leading construction group, said Friday it recently signed a P1.79 billion project contract with Cavitex Infrastructure Corp. for the construction of...

DA welcomes toll fee discounts for truckers of agri products

The Department of Agriculture on Friday thanked operators of various tollways in Luzon for agreeing to provide toll fee discounts to trucks transporting agricultural products.

Quarter-million Meralco customers hit by brownout as Luzon grid starves from electricity

NGCP sends the grid under red alert when the power supply cannot meet consumer demand in the transmission grid's regulating requirement. The power transmission company also placed the Visayas grid under red alert.

CREC slashes IPO price to P2.70 a share

Citicore Renewable Energy Corp. has slashed the price of its initial public offering by 30 percent to only P2.70 per share from its indicative price of P3.88 apiece. 

SEC approves SM Prime’s P100 billion shelf registration 

The Securities and Exchange Commission (SEC) has approved the shelf registration of shopping mall operator SM Prime Holdings Inc. for up to P100 billion in fixed-rate bonds. 

Just in

DigiPlus abandons New Zealand license bid

DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

Rockport Power secures renewed RES License

Rockport Power Inc. has renewed its Retail Electricity Supplier (RES) License, ensuring it can continue delivering competitive, reliable, customer-focused energy solutions to Philippine businesses.

Bicol attracts IT-BPM and manufacturing investors amid regional expansion push

The Bicol Region is drawing investment interest across information technology and business process management (IT-BPM), electronics assembly and resource-based manufacturing, as the Philippine Economic Zone Authority (PEZA) seeks to broaden industrial activity beyond the country’s established economic centers.
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