AboitizPower decommissions Cebu diesel unit
Aboitiz Power Corp., the listed power generation and distribution unit of the Aboitiz Group, said its subsidiary, East Asia Utilities Corporation (EAUC), has completed the decommissioning and deregistration of its 12.4 MW Diesel Generator Unit 1 at the Bunker C-fired power plant in Mactan Export Processing Zone 1 (MEPZ 1), Lapu-Lapu City, Cebu.
Philex profit surges in 3Q on record gold prices
Philex Mining Corp., the country’s largest gold producer, posted stronger earnings in the third quarter, lifted by record-high gold prices and steady mine operations. The company also disclosed major progress in its Silangan Copper-Gold Project in Surigao del Norte.
RCBC backs Yuchengco solar power venture
Yuchengco-led Bugallon Green Energy Corp. (BGEC) has secured a P826-million loan facility from Rizal Commercial Banking Corp. (RCBC) to finance the 18.56-megaWatt alternating current Bugallon Solar Power Project (BSPP) in Pangasinan.
Alex Eala: From teen dream to Top-50 queen
Barely five years ago, Alex Eala was a 15-year-old prodigy from the Rafael Nadal Academy, armed with a booming forehand and a fire that refused to dim. Today, she’s cracked the Top 50 — the highest ranking ever achieved by a Filipino tennis player.
SEC proposes new limits on lending interest rates and fees
The Securities and Exchange Commission (SEC) plans to impose new limits on interest rates and fees charged by lending and financing companies to protect borrowers from predatory practices while keeping legitimate lenders competitive.
