RLC, RCR boards accept Go’s resignation
The board of property developer Robinsons Land Inc. and its real estate investment trust RL Commercial REIT Inc. have accepted the resignation of Frederick D. Go, where he is chief executive officer and chairman, respectively, as the young Presidential Adviser on Investment and Economic Affairs joins the government.
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.
