Ayala Land sells stake in Alabang Town Center to Madrigal family
Ayala Land Inc. has sold its 50 percent stake in Alabang Town Center to its joint venture partner, the Madrigal family, for ₱13.5 billion.
New facility to cut risks for geothermal projects
The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.
Used battery recycling plant proposed in Tarlac
Green Ecosphere Industries Inc. is proposing a lead recycling plant that can process about 2,040 metric tons of used batteries every month. The facility is expected to produce around 1,000 metric tons of recycled lead ingots monthly, or about 12,000 metric tons a year.
Globe, GCash test password-free login for safer transactions
Globe Telecom and GCash have completed the first phase of testing for silent network authentication (SNA), a new technology designed to make digital transactions safer and easier for users.
EDC eyes P19B capital spending in 2026
Energy Development Corp. (EDC) plans to allocate about P19 billion as capital expenditures in 2026, lower than present spending levels, as it scales down drilling activities.
