SP New Energy Corp., a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset swap with Solar Philippines Power Project Holdings Inc.
The Philippines posted a US$706-million balance of payments (BOP) surplus in October, signaling an improvement in external accounts and helping lift the gross international reserves (GIR) to US$110.2 billion.
The Philippines has the highest level of consumer optimism in e-commerce across Southeast Asia, according to Blackbox Research’s new Insight Report, “The Next Leap for E-Commerce in Southeast Asia.”
Environment Secretary Raphael P.M. Lotilla on Wednesday reaffirmed the country's drive toward responsible, tech-powered mineral development as global demand surges for critical resources needed in a low-carbon economy.
Alliance Global Group Inc. (AGI) is looking to raise as much as P27.7 billion through a warrant sale and the eventual exercise of those warrants into common shares, as the conglomerate seeks to strengthen its balance sheet and ramp up real estate investments.