ACEN Corp., the renewable energy arm of the Ayala Group, said Wednesday it has increased to P466 million the amount it will lend to YMP Telecom Power Inc. to fund its development of certain energy efficiency and renewable power projects.
First Gen Corp. subsidiary First Gen LNG Holdings Corp. has taken Tokyo Gas Co. Ltd. as shareholder in a series of transactions that allow the Japanese company to acquire 20 percent of FGEN LNG.
The Philippines has secured its place anew on the International Maritime Organization's (IMO) whitelist, entrenching the country's status as major provider of world-class Filipino seafarers in the global maritime industry.
Singapore-based Vena Energy is advancing P245.3 billion in renewable energy investments in the Philippines, with plans to develop an additional 2.6 gigawatts-peak (GWp) of capacity to meet rising power demand and support industrial expansion.
A proposed P150-per-kilogram excise tax on single-use plastics could increase costs across the Philippine supply chain, with potential consequences for consumers, small businesses and manufacturers, according to the Philippine Plastics Industry Association (PPIA).
Chinese-Taipei’s Wang Wei-hsuan gained redemption at the $1-million SJM Macao Open, defeating Korean star Sungjae Im in a playoff to claim his first Asian Tour title at Macau Golf & Country Club.