Meralco unit completes P15.9 billion SPNEC takeover
MGen Renewable Energy Inc. (MGreen), a unit of the Manila Electric Co., on Monday completed its P15.9 billion investment in SP New Energy Corp. (SPNEC), taking a controlling stake at the solar company.
Yields on treasury bills allowed to rise at auction; P15B offer attracts strong bids
The Bureau of the Treasury continued to allow treasury bill yields to rise at Monday’s auction, with demand for short-term debt paper still strong.
Public sector taps $1.32 billion more loans in 4Q23
The government sector borrowed USD1.32 billion more in medium- to long-term (MLT) funds in the final three months of 2023, which was 66 percent more than that borrowed a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.
Globe innovation allows for instant connectivity in disaster zones
Globe Telecom has rolled out its latest innovation – CALF or Cellsite At Less Footprint, a compact solution allowing instant and reliable connectivity in disaster zones, emergencies, and high-demand events.
PCC green lights PLDT’s Sky Cable purchase for P6.75 billion
The Philippine Competition Commission (PCC) has approved the sale of Sky Cable Corp.'s broadband business and related assets to PLDT Inc.
