Rice wholesale price remains elevated in March — PSA data
The wholesale price of rice continued to rise in March, with well-milled rice hitting a national average of P50.84 a kilo, data from the Philippine Statistics Authority show.
Philippine Business Bank net income rises to P1.82 billion on loan growth
The Philippine Business Bank said Monday its net income last year surged 39 percent to P1.82 billion, fueled by higher net interest income traced to a growing loan portfolio.
DA confident local tobacco could make grade as smoke-free product
Agriculture Secretary Francisco P. Tiu Laurel, Jr. is confident Philippine tobacco could make the grade for new smoke-free products that could help reverse the decline in local leaf production and boost earnings for millions of Filipino farmers dependent on the high-value crop.
Alternergy’s 100-MW wind unit links up with NGCP
Alternergy Holdings Corp. subsidiary Alternergy Tanay Wind Corp. (ATWC) has signed an interconnection agreement (ICA) with the National Grid Corporation of the Philippines (NGCP) linking its 100-megawatt Tanay wind power project in Rizal Province to the national power line.
CREC secures P20B from RCBC for solar projects
Citicore Renewable Energy Corp. (CREC) has secured funding from the investment banking arm of the Rizal Commercial Banking Corp. (RCBC) for its solar power programs.
