Raslag moves to develop 4th solar farm, eyes 2024 completion
Raslag Corp., a Pampanga-based renewable energy corporation listed on the stock exchange, said Monday its board approved several contracts for the development of its fourth solar farm, the 35.2-megaWatt-peak Raslag 4.
BPI Issues P20.3B fixed-rate bond due 2024, 4 times larger than initially planned
Bank of the Philippine Islands, the country’s largest lender, said Monday it issued a total P20.3 billion of fixed-rate bonds due 2024, four times larger than initially planned.
UnionBank 2022 net profits flat at P12.67B
Union Bank of the Philippines on Monday reported that net profit barely changed in 2022, with the surge in net interest and gains from a significant acquisition last year muffled by the substantial trading gains in early 2021.
Sugar producers urge government to reconsider 450,000 MT import plan
The Confederation of Sugar Producers Associations (Confed) is urging the government to consider importing sugar fewer than the planned 450,000 metric tons (MT) as two-month buffer stock.
Bad weather beats up abaca production output
The total abaca production in 2022 dropped 5.7 percent to 63,640.61 metric tons (MT) from 2021 when this aggregated 67,488.11 MT, according to the Philippine Fiber Industry Development Authority (PhilFIDA).
