The Lopez family’s controlling shareholders will invest P2.2 billion of their own money in ABS-CBN Corp., providing fresh financial support as the media company addresses obligations to long-serving employees and pursues its recovery plans.
Shell Energy Philippines (SEPH) has selected two companies to deliver works and run the proposed 30-megawatt / 60-megawatt hour Hermosa Battery Energy Storage System in Bataan.
ACEN Corp., the energy investment arm of the Ayala Group, has entered into a short-term loan agreement of up to P1 billion with its fully owned subsidiary Giga Ace 6 Inc.
Defense lawyers in Vice President Sara Duterte’s impeachment trial called for greater decorum Wednesday, objecting to a social media post by private prosecutor Atty. Amando Virgil Ligutan that noted even law students know that misleading questions cannot be asked.