Lotilla lauds BSP for time-bound measures encouraging sustainable lending
The Department of Energy (DOE) on Wednesday welcomed the Bangko Sentral ng Pilipinas (BSP) decision allowing banks to increase the single borrower limit (SBL) by 15 percent and the phased reduction of sustainable asset reserves to zero as incentive for lending to renewable energy proponents.
Alternergy, partner finds Tablas Strait suitable for offshore wind development
Alternergy Holdings Corp. and its venture partner Shell Overseas Investment B.V. have completed studies on the feasibility of four offshore wind energy service contracts (WESCs) obtained from the Department of Energy.
Manila Water secures 20% of 5-year spending plan from banks this year alone
Manila Water Co. Inc., has secured a 10-year term loan for P7 billion from the Land Bank of the Philippines.
NLEX reactivates motorist assistance program for the Christmas holidays
NLEX Corp. has reactivated its “Safe Trip Mo, Sagot Ko” (SMSK) motorists assistance program in preparation for the expected increase in traffic volume during the long Christmas holidays.
Smart cellular unit rolls out eSIM program
TNT, the cellular service arm of Smart Communications, has rolled out its embedded SIM or eSIM program, the digital version of the physical SIM that adds value, flexibility, and convenience to mobile users.
