$9.67 billion funds left Ph over nine months
Foreign investors, the short-dated variety in this case, proved skittish in the first nine months this year when they pulled out $9.67 billion worth of investments and left for elsewhere, according to the Bangko Sentral ng Pilipinas.
DOE rules out power outages during Barangay, SK elections
The Department of Energy (DOE) assures the public of the availability of power supply across the country before, during and after the scheduled Barangay and Sangguniang Kabataan elections on Monday.
Maynilad intensifies leak repairs to manage non-revenue water losses
West Zone concessionaire Maynilad Water Services Inc. bared plugging more than 27,000 pipe leaks as of the third quarter this year, bringing the total leak repairs to 485,319 since its re-privatization in 2007.
Max’s commissary extends power supply pact another four years
Aboitiz Power Corp. recently renewed its retail electricity supply partnership with NoBia Inc., the commissary of the Max’s Group of companies.
Phoenix Petroleum crafting sale and leaseback pact with BDO
Phoenix Petroleum Philippines Inc. is planning a P9 billion sale and leaseback agreement with its creditor BDO Unibank Inc. that will allow the heavily indebted company to pay back what it owes the lender and still be in a position to recover.
