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DOE to launch tender framework for nuclear power electricity rates

Energy & Mining 0
The Department of Energy (DOE) is preparing the bidding exercise that will set the production cost for pioneering nuclear power projects (NPPs) in the Philippines.

CreditSights keeps “Underperform” rating on PLDT, sees VITRO REIT IPO as credit positive

Corporate 0
CreditSights, a unit of Fitch Solutions, has retained its “Underperform” rating for PLDT Inc., even as it views the telecom firm’s planned data center real estate investment trust (REIT) initial public offering (IPO) as beneficial to its credit standing.

SEC revokes registration of Delisha Lending for regulatory breaches

Corporate 0
The Securities and Exchange Commission (SEC) has cancelled the corporate registration and lending license of Delisha Lending Investor and Trading Corp. due to repeated non-compliance and undisclosed operation of online lending platforms.

RLC infuses six properties worth ₱10.62 billion into REIT

Property 0
Robinsons Land Corporation (RLC), led by the Gokongwei group, will inject six of its shopping mall properties collectively valued at ₱10.62 billion into its real estate investment trust, RL Commercial REIT Inc. (RCR).

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