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ACEN Corp. 1Q net income rises 34% to P2.7 billion

Energy & Mining Context.ph Context.ph -
ACEN Corp. on Wednesday reported a 34 percent jump in consolidated net income in the first quarter this year to P2.7 billion versus last year's P2 billion, driven higher by the 49 percent surge in the company's renewable energy output.

Montinola resigns from RCI as independent director

Corporate Context.ph Context.ph -
Former banker Aurelio Montinola III, has resigned his post as independent director at Roxas and Co. (RCI).

Globe junks old equipment for new and cuts power consumption by 3,808 megawatt-hours

Corporate Context.ph Context.ph -
Globe Telecom is revamping its network with cutting-edge, energy-saving solutions and phasing out older, less efficient equipment.

Century Pacific starts the year with 16% revenue growth in 1Q

Corporate Context.ph Context.ph -
Century Pacific Food, Inc., one of the leading food and beverage companies in the Philippines, has released unaudited first-quarter financial results this year showing consolidated revenue growing 16 percent from a year earlier while net income after tax increased 15 percent.

Vista Land to offer preferred shares to fund various projects

Corporate Context.ph Context.ph -
Vista Land & Lifescapes Inc., a property development arm of the Villar Group, said Wednesday it will register with the Securities and Exchange Commission up to 50 million preferred shares it would issue in the future to raise funds for various projects.`
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DA expands Isabela LGU tie-up to boost ube production, raise farmer incomes

Agriculture 0
The Department of Agriculture is strengthening its partnership with local government units and private stakeholders to scale up ube production, meet rising global demand, and create more export opportunities for Isabela farmers.

GSIS opens new Dagupan branch

Corporate Bulletins 0
The Government Service Insurance System or GSIS has opened its new Dagupan branch, replacing the old facility that had served the province since 1961. The new office at Cityscape Lifestyle Center is flood-free, more spacious, and modern, serving over 73,000 members and pensioners across Pangasinan.

September WESM prices rise 3.1% nationwide, set to reflect in October bills

Energy & Mining 0
Electricity prices at the Wholesale Electricity Spot Market climbed 3.1 percent in September, according to the Independent Electricity Market Operator of the Philippines. The Independent Electricity Market Operators of the Philippines or IEMOP reported Tuesday that the national average hit P7.43 per kilowatt-hour as of September 25, up from August’s P7.21 per kWh. It said the rates will be used to calculate spot-market electricity costs billed this October.

Rockwell joins expanded 4PH to widen homeownership access

Property 0
Rockwell Land Corp. has joined the government’s Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, agreeing to offer preferential housing prices and incentives to qualified Pag-IBIG Fund members as the administration seeks to widen access to homeownership among working- and middle-class Filipinos.
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