Korean and Philippine state agencies and corporations recently started construction on a new rice seed processing facility and warehouse with cold storage, marking a significant step in strengthening bilateral ties.
Normalizing coal and nickel prices undermined earnings of DMCI Holdings Inc., sending the nine-month net income of the diversified engineering conglomerate down 28 percent to P20 billion from P27.6 billion in the year-earlier period.
Close to a hundred power generation projects generating 25,511.066 megawatts (MW) have been cleared for system impact studies (SIS) with the National Grid Corporation of the Philippines (NGCP), according to the Department of Energy (DOE).
The budget deficit widened in September this year to P179.5 billion, just a shade under 60 percent from last year's P119.9 billion and the result of far more expenses this year than there were receipts generated, the Bureau of the Treasury said.
BDO Unibank won a Gold Anvil Award for its “Kabayan Connections” campaign at the 61st Anvil Awards, recognized under the Best Use of Influencer Marketing category. The campaign stood out among entries from more than 170 companies in the annual awards organized by the Public Relations Society of the Philippines (PRSP).
Alternergy Holdings Corp., a listed renewable energy pioneer, said that its unit Solana Solar Alpha, Inc. has it has started the commercial operations of its 28 megaWatt-peak Balsik solar farm in Hermosa, Bataan.
Alex Eala’s Abu Dhabi Open opener came with all the awkwardness of a friendly reunion—and all the ruthlessness of a rising star who knows exactly where she’s headed.
Spotlight Power Inc. has broken ground on its P1.95-billion, 49.9-megawatt Mabini solar project in Barangay San Pedro, Mabini, Pangasinan, citing the government’s Green Lane initiative for significantly accelerating development.