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Petron completes sale of preferred shares; raises P13 billion

Petron Corp. said Tuesday it completed the offer of the initial tranche of Series 4 preferred shares, raising a total P13 billion for the...

Angat Dam water only a meter above minimum operating level

Water level at Angat Dam is fast approaching the critically important 180 meters and has triggered an interagency meeting to avert a rationing of...

“15 years should be enough for winning NAIA bidder to recover investments”

Boosting the facilities of the Ninoy Aquino International Airport (NAIA) on even footing with peers around the world requires a rehabilitation or concession program...

Alterenergy unit supplies Villar-led electricity retailer with solar power

Solana Solar Alpha Inc., a wholly-owned subsidiary of Alternergy Group’s Solar Pacific Energy Corp. on Tuesday signed a power supply agreement with Kratos RES...

Alternergy launches first overseas RE project

Renewable energy firm Alternergy Holdings Corp. launched its first overseas project with the inauguration of its solar and battery energy storage system in Palau last week. The...

Just in

DEDON taps solar-backed power plan for Cebu factory

Luxury furniture maker DEDON Manufacturing Inc. has signed up as the first customer of COREnergy’s new solar-backed electricity plan, as manufacturers look for ways to better manage power costs and align energy procurement with daytime operations.

Treasury bill yields climb as inflation risks mount

Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.

Substantial diesel rollback offers respite after peak spikes

Local fuel prices roll back this week after three consecutive weeks of increases, the Department of Energy (DOE) announced Monday.

Eala makes Asian Games debut look easy

Alex Eala did not exactly ease into the Asian Games. She arrived with a racket and apparently no interest in small talk.
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