Aboitiz InfraCapital, Inc. (AIC), the infrastructure arm of the Aboitiz Group, has formally assumed operations of the Bohol-Panglao International Airport (BPIA), marking a major step in its strategic expansion across the Philippine aviation sector.
The Department of Information and Communications Technology (DICT) aims to reduce broadband internet costs in the Philippines by up to 50 percent over the next three years, DICT Secretary Henry R. Aguda told journalists at the Economic Journalists Association of the Philippines or EJAP Infrastructure Forum.
Retail pump prices surged by over P1 per liter this week, marking the second straight week of hikes, as geopolitical and market dynamics tighten global supply.
PetroEnergy Resources Corp. (PERC) announced that its affiliate, San Jose Green Energy Corp. (SJGEC), has secured a P498-million term loan facility from Rizal Commercial Banking Corp. (RCBC) to partially finance its 19.6-megawatt solar power project in San Jose, Nueva Ecija.