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ACEN powers Pangasinan with first solar farm

ACEN is expanding its renewable energy footprint in Northern Luzon with San Manuel Solar, its first solar power project in Pangasinan, reinforcing the company’s push to support the Philippines’ transition to a low-carbon energy system.

T-bill yields ease as market prices possible rate cut 

Average yields on Treasury bills declined at Monday’s auction, as strong demand for short-term government debt reflected expectations of at least one more policy rate cut this year.

Philcement seals Japanese strategic equity infusion 

Philcement Corp., a subsidiary of listed PHINMA Corp. (PHN), confirmed it has received the investment of Sumitomo Osaka Cement Co. Ltd. for the Japanese company's acquisition of a 15 percent stake in the cement manufacturer through the issuance of primary shares.

Padcal Mine mill disruption hits output

Phile Mining Corp. said operations at its Padcal Mine were disrupted following a structural failure at the mill plant over the weekend, dealing a setback to daily production at one of the country’s longest-running mining operations.

PAL to receive new A350-1000 aircraft through 2027

Philippine Airlines (PAL) said Monday that it will receive eight Airbus A350-1000 aircraft through 2027 as part of its fleet expansion and efforts to support the country’s tourism industry.

Just in

Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.
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