Water rights program attracts fairly large private developer interest
The Department of Environment and Natural Resources (DENR) on Tuesday bared more than 60 letters of interest from private investors looking to exploit the first batch of water rights that should benefit 78 of the country's local government units (LGUs). A total 135 such rights are up for grabs under the initial batch.
YGC unit installing solar rooftop facility in Mindanao
Petro Green Energy Corp. (PGEC), the listed renewable energy unit of Petro Energy Resources Corp. (PERC), has partnered with Mapúa Malayan Colleges Mindanao (MMCM) for the installation of a 360 kilowatt peak (kWp) solar rooftop facility on campus.
BTr sets coupon on new 5Y, retail bonds at 6.25%; public offer ends Feb. 23
The Bureau of the Treasury (BTr) on Tuesday set at 6.25 percent the coupon rate on the new five-year, peso-denominated, fixed-rate retail treasury bond that it will offer to the public until 23 February.
EDSA Busway Concourse breaks ground
The Department of Transportation (DOTr), in partnership with SM Prime Holdings, broke ground on Tuesday for the construction of the state-of-the-art EDSA Busway Concourse.
Bank of Korea board member Hwang flags real estate, household debt risks
Bank of Korea board member Hwang Kun-il said on Tuesday the country's real estate and household debt-related risks remain elevated, while inflation is far exceeding the central bank's target.
