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 Securities and Exchange Commission (SEC) has released proposed changes to the rules governing real estate investment trusts (REITs), aiming to widen the types of real estate assets that can generate income for REIT portfolios and give companies more flexibility in how they operate.
The Department of Public Works and Highways (DPWH) says the government could earn more than ₱100 million from auctioning luxury vehicles seized from contractors Curlee and Sarah Discaya, who are linked to irregularities in flood-control projects.
The Energy Regulatory Commission (ERC) has rejected proposals to increase its number of commissioners from five to nine, saying the move would not solve the agency’s current challenges.
The Department of Agriculture (DA) on Thursday confirmed that African swine fever (ASF) cases in the Philippines remain low, despite an isolated detection in Quezon City.