Corporate
PAL reports 51% drop in 2024 net income despite resilient performance
Philippine Airlines (PAL) reported a significant 51 percent decrease in net income for 2024, posting USD151.1 million (P10.22 billion) compared to USD379 million (P21 billion) in 2023.
PGEC launches education program in Isabela with solar power project
PetroGreen Energy Corp. (PGEC) has launched an education initiative in Isabela as part of its corporate social responsibility (CSR) efforts, coinciding with the installation of the first solar array for its 40 MWDC Limbauan Solar Power Project (LSPP) in San Pablo on 17 March 2025.
Raslag approves joint venture for renewable energy
Listed renewable energy firm Raslag Corp. said its board approved a strategic joint venture with a Singapore-based company to acquire a hybrid renewable energy project.
Alternergy secures P800M funding for Bataan solar project
Alternergy Holdings Corp., a listed renewable energy, has secured two tranches of funding from Rizal Commercial Banking Corp. (RCBC) for its 28 megaWatt-peak Balsik Solar Power Project in Hermosa, Bataan.
Airbus, Australia start-up forge UAV partnership for Flexrotor deployment
Australian aerospace start-up Drone Forge has collaborated with Airbus, signing a letter of intent (LOI) to deploy and integrate Airbus' uncrewed aerial system (UAS) called Flexrotor.
