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Alas Pilipinas makes history, wins bronze at 2024 AVC Challenge Cup

It was a bronze medal for Alas Pilipinas, the motley squad of college and professional volleyball players handpicked by national team coach Jorge Sousa de Brito, at the 2024 AVC Challenge Cup but it surely feels more like gold.

Prime Infra hydro power storage projects secure perks

Prime Infrastructure Capital Inc. on Wednesday said two of its storage projects have received certificates of energy project of national significance (CEPNS) from the Department of Energy (DOE).

Roxas declines to identify treasury share buyers

Listed sugar firm Roxas and Co. Inc. has declined to identify the buyers of treasury shares it sold early this year, citing provisions of the Data Privacy Act.

Stock trading accounts widen 11% in 2023

Stock market accounts at the Philippine Stock Exchange Inc. rose 11 percent in 2023 to 1.9 million versus only 1.71 million in 2022, mainly the result of accounts created through the bourse’s online platform. 

Union Bank 327.1 million rights shares to be listed Friday

Union Bank of the Philippines will list on Friday a total 327.1 million shares it sold in a stock rights offering that raised P10 billion in fresh capital for the country’s 9th largest lender by assets.

Just in

Eleven power firms eye Meralco bidding for 900-MW supply deal

At least eleven power generation companies have expressed intent to bid for the 900-megawatt supply contract of Manila Electric Company, signaling strong market interest and competitive prospects for the distribution utility’s long-term power requirement.

Gov’t seeks global partners for Mindanao Railway

The Philippines is reaching out to India and other international partners to secure financing for the Mindanao Railway Project, following the withdrawal of earlier financial support from China.

Semirara questions DOE bidding rules, cites harm to industrial policy success 

Semirara Mining and Power Corporation has challenged the Department of Energy’s latest bidding rules, warning that the revised guidelines undermine the national government's intent to foster long-term industrial productivity and resource stability.

GoTyme urges mandatory open finance to challenge big banks

GoTyme Bank is calling on the government to mandate open finance in the Philippines, arguing that resistance from established lenders is limiting consumers’ control over financial data and restricting access to affordable credit.
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