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DOE crafting smart, green grid plan

The Department of Energy (DOE) is crafting with the National Grid Corporation of the Philippines (NGCP) a smarter and cleaner power plan to ensure the seamless integration of additional renewable energy (RE) capacity into the grid.

ACEN forges new renewable energy joint venture in Indonesia

ACEN Corp. said Tuesday it signed a shareholders' agreement to the formation a joint venture that will develop renewable energy projects in Indonesia.The listed...

Ovialand, BDO partners in making homeownership accessible

Property developer Ovialand has partnered with BDO Unibank Inc. in a transaction that allows morFilipinos to get the financing needed to purchase a home of their own.

Tariff Commission hears proposed rice tariff cut this Friday

The three-man Tariff Commission is set to begin this Friday, September 15, a public hearing on the proposal to temporarily reduce the tariff rate on rice imports to 10 percent from 35 percent.

House Bill addresses long-standing problems of military, uniformed personnel pension fund

The House of Representatives is set to start Tuesday floor debates on a bill that will rationalize and strengthen the problematic pension fund system for thousands of military and other uniformed personnel, including policemen, firemen, correctional officers, and coast guard personnel.

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GCash parent Mynt sets IPO price at P6.60/share; could raise up to P60.9B

Mynt Inc., the parent firm of leading digital wallet GCash, has fixed its final offer price for the initial public offering (IPO) at P6.60 per common share.

Cesar Virata leaves a legacy of service 

Former Prime Minister and Finance Minister Cesar E.A. Virata, a towering figure in Philippine economic life whose career spanned government, academe and business, died Friday of natural causes at 95, his family announced.

PLDT secures full ownership of Radius Telecoms

PLDT Inc. on Friday announced completing the purchase of the remaining 65.1 percent stake in Radius Telecoms Inc. and taking full control of the connectivity provider. With the deal finalized, PLDT now holds 100 percent of all issued and outstanding shares of Radius.

ICTSI’s Rijeka terminal reaches 4M TEU milestone

International Container Terminal Services Inc. (ICTSI) has handled four million twenty-foot equivalent units (TEUs) at its Adriatic Gate Container Terminal (AGCT) in Croatia since taking over operations in 2011, underscoring the Port of Rijeka’s growing role as a gateway to Central and Southeast Europe.
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