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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.

CBS rises to second largest thrift bank in the country

CBS China Bank Savings has moved up two notches in the Bangko Sentral ng Pilipinas’ 2023 ranking of thrift banks in terms of total assets.  From top four in 2022, CBS is now the second largest thrift bank with P153.45 billion in resources as of 31 December 2023.

Treasury bill yields continue rise; one-year paper top 6% at Monday’s auction

Treasury bill yields were up at the auction Monday after the central bank last week kept overnight rates high on lingering concern over further inflation acceleration.

Megawide eyes P5 billion from planned bond offer

Megawide Construction Corp. said Monday its board has approved a bond offer that could raise as much as P5 billion for the listed construction firm.

Just in

Gokongwei, Salazar named MAP Management Persons of the Year

The Management Association of the Philippines (MAP) has named JG Summit Holdings Inc. President and CEO Lance Y. Gokongwei and PHINMA Corporation President and COO Dr. Chito B. Salazar as its 2026 Management Persons of the Year, recognizing their contributions to corporate transformation, education and inclusive economic growth.

DOF targets cheaper remittances, faster development financing

The Department of Finance (DOF) is pursuing lower remittance costs and faster access to development financing, targeting transaction expenses that weigh on Filipino households and administrative delays that can slow government programs.

FAST charts Cebu expansion after return to Chiongbian family

FAST Logistics Group is looking to expand its presence in Cebu following its return to the Chiongbian family, sharpening its focus on the province as a base for strengthening supply chains and helping local businesses reach markets nationwide.

Limlingan takes SSS helm, eyes loans, investment returns

President Ferdinand Marcos Jr. has appointed finance and investment veteran Victor Alfonso Limlingan as president and chief executive officer of the Social Security System (SSS), effective October 16, 2026, placing loan expansion and pension fund investment performance at the center of his incoming agenda.
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