Corporate
Petron wraps up ₱50B bond program with ₱32B tranche
Petron Corp. has successfully raised ₱32 billion from its latest fixed rate bond issuance, concluding the final tranche of its ₱50-billion shelf registration program with the Securities and Exchange Commission (SEC).
MAG doubles A330neo fleet with Airbus order
Malaysia Aviation Group (MAG), parent of Malaysia Airlines, has placed a firm order for 20 additional Airbus A330-900 widebody aircraft, doubling its future A330neo fleet to 40 units.
Aboitiz-led Thunder wins ₱36.27B did for CBK hydropower complex
The acquisition of the 796.56 MW Caliraya-Botocan-Kalayaan (CBK) hydroelectric complex by the Aboitiz-led Thunder Consortium is hailed by analysts as a commercially and strategically significant that strengthens Aboitiz Power Corp.'s position as the country's leading hydropower operator.
Del Monte assures stability amid US unit’s Chapter 11 filing
Del Monte Pacific Ltd. (DMPL) sought to reassure investors and regulators following the Chapter 11 bankruptcy filing of its US subsidiary, Del Monte Foods...
Engtek transitions Calamba plant to 100% hydro from First Gen
Engtek Group has expanded its renewable energy (RE) partnership with First Gen Corp., the country's leading RE producer, as part of its decarbonization strategy. This development sees Engtek’s second Philippine manufacturing facility, Asaba Manufacturing Philippines, Inc., transition entirely to hydroelectric power supplied by First Gen, marking a significant step toward the company’s 45 percent GHG emissions reduction target by 2030.
