Corporate
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.
Globe completes tower transfer to Unity
Globe Telecom Inc., the listed digital platform of the Ayala Group, has completed the final batch of its tower sale and leaseback deal with Unity Digital Infrastructure, transferring 121 sites for P1.45 billion.
Petrochemicals still a challenge for JG Summit but posts 10% income expansion in 2024
JG Summit Holdings Inc., the parent company of the Gokongwei group, announced a 10 percent increase in net income for 2024, rising to P22 billion from P20.04 billion in 2023. Company revenue also grew by 11 percent, reaching P379.7 billion, up from P343.96 billion the previous year.
Monde Nissin reports solid financial growth in 2024
Monde Nissin Corporation reported strong financial performance for the year ending 31 December 2024, posting a 3.7 percent increase in consolidated revenue reaching P83.1 billion.
