Wednesday, 16 April 2025, 8:58 am

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    Number of women in executive positions rising

    The number of women holding executive positions in listed firms equals 40 percent of companies but they occupy only functional or support roles, a study conducted by Philippine Women’s Economic Network (PhilWEN) and the Philippine Business Coalition for Women Empowerment showed. 

    Security Bank raises P20 billion from fixed-rate bond due 2029; bonds listed on PDEx

    Security Bank Corp., the 10th largest lender in the country, said Tuesday it raised P20 billion through the issuance of Fixed-Rate Peso Corporate Bonds due in 2029 that carry an annual interest rate of 6.05 percent.

    SMC begins building new Terminal 3 off-ramp at NAIA Expressway

    San Miguel Corporation (SMC) on Monday bared plans to spend up to P5 billion to build a new off-ramp at Terminal 3 of the Ninoy Aquino International Airport (NAIA) from the NAIA Expressway to help ease traffic congestion in the area and improve accessibility to the country's main international gateway.

    DA completes consultation on movement protocols of healthy pigs from ASF red zones

    The Department of Agriculture on Saturday concluded a series of consultations in Calabarzon refining protocols that govern the movement of healthy hogs amid a resurgence of the dreaded African swine fever (ASF), particularly in Batangas.

    ACEN, GenZero, Keppel in Transition Credits deal for South Luzon coal plant retirement

    ACEN Corp., the renewable energy arm of the Ayala Group., said Monday it has signed a memorandum of understanding with GenZero and Keppel Ltd. to jointly explore transition credits for accelerating the retirement of the South Luzon Thermal Energy Corp. coal-fired power plant in Batangas and replace it with a clean energy dispatch facility.

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    President Marcos extends Meralco franchise through 2050

    President Ferdinand Marcos Jr. has signed into law a measure extending the franchise of Manila Electric Co. (Meralco), the country’s largest power distributor by sales and footprint, for another 25 years through 2050, Malacañan announced Tuesday.

    MVP, Salceda say new Meralco franchise to power growth, spur investments

    Business tycoon Manuel V. Pangilinan and Bicol Rep. Joey Salceda on Monday said President Ferdinand Marcos Jr. decision to renew the franchise of Manila Electric Co. (Meralco) will drive the country’s future growth, spur investments and create more jobs.

    ACEN Australia secures AUD750M in green financing backed by global lenders

    ACEN Australia, a subsidiary of Philippine-listed energy firm ACEN Corp., has secured AUD750 million in debt financing, marking one of the largest green financing deals for renewables in the country to date. The transaction will support both the refinancing of operating assets and the development of new renewable energy projects across Australia.

    WawaJVCo powers up pumping station with PrimeRES Deal

    WawaJVCo, a subsidiary of Prime Infrastructure Capital Inc. (Prime Infra), has contracted PrimeRES Energy Corp. to supply retail electricity to the Upper Wawa Pumping Station, marking a milestone in the Wawa Bulk Water Supply Project.

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