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Aboitiz Power eyes expanding renewables portfolio with P50B capex for 2024

Aboitiz Power Corp. has set aside as much as P50 billion for next year as capital expenditures.

Metrobank market maker three years in series

Metropolitan Bank & Trust Co. (Metrobank) is recognized by the Bureau of the Treasury (BTr) as Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024 during the celebration of its 126th anniversary. The bank snags the title for the third consecutive time and for helping government in its financing requirements and enhancing Filipinos’ access to investment opportunities.

Agri chief says actions taken to assure supply, affordable prices of rice, sugar, onions

Agriculture Secretary Francisco Tiu Laurel, Jr. assured lawmakers that his agency is closely watching the market and is taking steps to assure sufficient supply of food items at affordable prices, particularly rice, sugar, and onions.

Shell Pilipinas all revved up for EV charging opportunities

Shell Pilipinas Corp. has secured stockholder approval to engage in the business of electric vehicle (EV) charging.

AREIT to acquire 276-hectare Zambales property via share-for-asset swap

AREIT Inc., the listed real estate arm of the Ayala Group, said Wednesday it will acquire a 276-hectare property in Zambales from Buendia Christiana Holdings Corp., a wholly owned subsidiary of ACEN Corp., via property-for-share swap valued at P6.77 billion.

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Toyota expands Asia role via regional training

Toyota Motor Philippines Corp. (TMP) is taking on a broader role in Toyota’s Asian operations as the automaker taps its Philippine unit to train technical instructors from affiliates across the region.

ACEN closes 10% stake sale in India solar project

ACEN Corp., the renewable energy arm of the Ayala...

JTI targets wider exports with ₱1.9-B Batangas plant

JT International (JTI) is positioning its P1.9-billion Dry Ice Expanded Tobacco (DIET) plant in Batangas to support potential production growth and broaden the Philippines’ export reach, as the country strengthens its role as the tobacco giant’s manufacturing hub for Asia.

DHSUD eyes unsold condos to expand 4PH housing

The Department of Human Settlements and Urban Development (DHSUD) is preparing a new housing financing scheme that would tap unsold condominium units for the Expanded Pambansang Pabahay para sa Pilipino (4PH) Program, giving private developers another channel to clear inventory while widening affordable housing options in Metro Manila.

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