Tag: Aboitiz

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PCC clears hydro deal with guardrails

Corporate Context.ph Context.ph -
The Philippine Competition Commission (PCC) has cleared the proposed sale by the Power Sector Assets and Liabilities Management (PSALM) Corporation of the Caliraya, Botocan, and Kalayaan pumped storage power plants to Cleanergy 9 Power Inc., an Aboitiz Group unit—subject to binding safeguards to protect competition in the Luzon power market.

UnionBank launches P10B bond offer

Banking & Insurance Context.ph Context.ph -
Union Bank of the Philippines, the country’s 9th largest lender by assets, began the public offering on Wednesday of its latest debt securities—aiming to raise at least P10 billion to support funding needs.
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NGCP to review new ERC rules allowing other entities to build transmission projects

Energy & Mining 0
The National Grid Corporation of the Philippines (NGCP) is evaluating regulations issued by the Energy Regulatory Commission (ERC).

Fuel price rollbacks seen this week amid US-Iran peace talks

Energy & Mining 0
Significant price reductions for gasoline and diesel are expected to take effect this week, according to a local fuel retailer.

DOT holds line on arrivals, boosts travel deals

Travel & Tourism 0
The Department of Tourism (DOT) is sticking to its conservative target of 6.4 million international visitor arrivals this year even as it rolls out a new push to energize domestic travel through steeply discounted tourism packages.

Globe calls for technology-neutral policies to build inclusive national connectivity

Communications & Technology 0
Globe Telecom Inc. is advocating for policies that do not favor any single technology, in order to encourage innovation while maintaining strict standards for service quality, security, consumer rights, and fair competition.

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