SM’s San Pedro mall spurs local economic growth
The SM Group through its property arm SM Prime Holdings, Inc. is spurring local economic growth with its recent expansion in the local communities of Laguna after the opening of a 23,000-square meter shopping mall, SM Center San Pedro.
November budget deficit narrows by 25% to P93.3 billion
The budget deficit in November narrowed by 25 percent year-on-year to P93.3 billion as public spending declined and a slight increase in revenue collection during the month compared to the level in the same month last year.
ACEN pouring P12.86B in fresh capital for various units’ renewable energy projects
ACEN Corp., the listed renewable energy arm of the Ayala Group, said Thursday its board approved several subscription contracts that will pour a total P12.86 billion in fresh investments to a number of wholly-owned subsidiaries mainly pursuing solar and wind farm projects.
Inflation seen easing some more in December
Headline inflation that plumbed a 20-month low of 4.1 percent in November is seen easing further in December to 3.7 percent, according to Moody's Analytics.
First Gen, Prime Infra partners for 15 years in Batangas LNG project
First Gen Corp. and Prime Infrastructure Capital Inc. have executed a 15-year terminal lease agreement involving FGEN LNG’s liquefied natural gas storage and regasification terminal in Batangas City.
