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Italpinas names subsidiary IDC Prime as developer of 2 property projects

Listed real estate developer Italpinas Development Corp. said Wednesday it has designated its majority-owned subsidiary, IDC Prime Inc., as the developer of Phases 3 and 4 of the Primavera City project in Cagayan de Oro City, and Phase 2 of its Miramonti Project in Sto. Tomas, Batangas. 

Robust domestic gaming market, gain from asset sale bolster Bloomberry Earnings

Bloomberry Resorts Corp., the hotel, resort and gaming business of tycoon Enrique Razon Jr., reported Wednesday  that consolidated net income in the first half...

Booze, infrastructure, cement businesses prop up San Miguel earnings 

Diversified conglomerate San Miguel Corp. said Wednesday first half net income rose 18 percent year-on-year to P23.3 billion on the lift provided by its...

Japan extends the Philippines another quick-disbursing ODA loan

Japan has signed a new loan worth 30 billion yen or P11.8 billion in local currency to help the Philippines deal with the disruptive...

Airline’s travel funds no longer expire

Cebu Pacific on Tuesday said its travel funds would no longer have an expiration date. The decision is part of the broader plan to...

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PH leads push to scale up global loss and damage funding as demand far outstrips available aid

The Philippines is calling for a major increase in global financing under the Fund for Responding to Loss and Damage, after the first round of funding requests showed overwhelming need far outpacing what is currently available.

DOE advances nuclear energy framework; lays out rules, timelines and roles

The Department of Energy is moving forward with the proposed framework that will govern the Philippines’ first-ever nuclear power procurement, following the completion of initial consultations with stakeholders.

ERC issues new policies protecting power consumers 

The Energy Regulatory Commission (ERC) has rolled out three new policies to boost transparency, fairness, and savings for Filipino electricity consumers.

Aboitiz Foods, PH Army renew LAMP livelihood partnership

Aboitiz Foods via Pilmico Foods Corp. and the Philippine Army have renewed their joint Livelihood Assistance and Management Program (LAMP) for another five years.
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