Batangas investment pays off as IDC expands
Italpinas Development Corp. (IDC) is accelerating its Luzon expansion after its flagship Batangas project, Miramonti Green Residences, neared a sellout just weeks after its formal launch, validating the developer’s strategy of investing early in fast-rising provincial growth centers.
PLDT in talks with KKR over Maya IPO plans; trade sale remains option
PLDT Inc. is negotiating with private equity firm KKR & Co. to resolve outstanding issues affecting the proposed initial public offering (IPO) of its fintech unit, Maya Innovations Holdings.
DHSUD grants housing loan reprieve, deploys shelter aid after Mindanao quake
The Department of Human Settlements and Urban Development (DHSUD) has ordered a moratorium on housing loan payments and mobilized emergency shelter assistance in areas devastated by the magnitude 7.8 earthquake that struck Mindanao, as the government intensifies relief efforts for affected families.
Electricity spot market rates jump 38% in May
Electricity prices across the Wholesale Electricity Spot Market (WESM) rose by 38.5 percent in May, according to data released Wednesday by the Independent Electricity Market Operator of the Philippines (IEMOP).
Razon group extends aid to quake-hit areas in Mindanao
Companies under the Razon Group have mobilized relief efforts in Mindanao following the devastating 7.8-magnitude earthquake that struck the region on Monday, bringing much-needed assistance to communities heavily affected by the disaster.
