Thursday, 24 April 2025, 4:32 pm

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    ENEX eyes LNG power project in Batangas

    Ayala-led ENEX Energy Corp. reaffirmed its commitment to developing a liquefied natural gas (LNG)-fired power plant in Batangas, but clarified that the project will only proceed upon securing a long-term offtake agreement through a Competitive Selection Process (CSP).

    ACEN launches up to P30-B stock rights offer to fuel renewable expansion

    ACEN Corp. has secured board approval for a stock rights offering (SRO) that aims to raise up to ₱30 billion, a strategic move to accelerate the company’s renewable energy expansion and manage debt, company executives said on Wednesday.

    Gov’t launches P20 rice pilot in Visayas amid P4.5-B subsidy push

    The Department of Agriculture (DA) announced on Wednesday the launch of a pilot program offering rice at a subsidized price of P20 per kilogram, with implementation starting in the Visayas region.

    Eton Properties allots P900M for strategic enhancements amid strong core performance

    Eton Properties Philippines Inc., the real estate arm of the Lucio Tan Group, announced a P900-million capital expenditure plan for 2025, targeting township redevelopment and property enhancement initiatives aimed at boosting long-term asset value and customer experience.

    Land Bank extends P1.3-B loan to SAPI for Isabela feed mill project

    The Land Bank of the Philippines has approved a P1.3-billion financing package for Sagittarian Agricultural Philippines Inc. (SAPI), backing the construction of a large-scale feed mill complex in Ilagan City, Isabela.

    Just in

    Manila Water subsidiaries pioneer power aggregation in Laguna, eyes sustainability gains

    Manila Water Co. Inc. on Thursday said that its subsidiaries, Laguna Water and Laguna Aquatech, have successfully transitioned to the electricity Retail Aggregation Program (RAP), marking the program’s first implementation outside Metro Manila.

    Converge Champions Digital Talent Development at Hackfest 2025

    Converge ICT Solutions Inc., a leading fiber broadband and technology provider in the Philippines, further cemented its role in digital innovation and talent development through active participation in Google Developer Student Clubs Loyola’s Hackfest 2025: Horizon, an 11-day student-led hackathon designed to foster innovation among young developers.

    PLDT gains spotlight as top dividend pick amid market turbulence, says Macquarie

    Amid heightened market volatility and a declining Philippine Stock Exchange index (PSEi), PLDT Inc. has emerged as a standout for income-focused investors, according to an 8 April strategy note from Macquarie Capital, which reaffirmed its “Outperform” rating on the telecom giant.

    ICTSI sees minimal impact from Trump tariffs, warns of risk to Mexico terminal

    The International Container Terminal Services Inc. (ICTSI) anticipates limited impact from U.S. President Donald Trump’s sweeping new tariff regime, citing the company’s diversified global footprint, though it flagged its Manzanillo terminal in Mexico as a potential area of concern.
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