Monday, 19 May 2025, 11:43 pm

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    Cebu-based MRF drives major sustainability win for PWS

    Prime Integrated Waste Solutions (PWS), a unit of Prime Infrastructure Capital Inc., has sold over one million verified plastic credits since launching the program in January, the company announced Monday.

    ACEN lands green energy deal with Shangri-La Tower 

    ACEN Corp. retail electricity arm ACEN Renewable Energy Solutions (ACEN RES) has secured a new contract with St. Francis Shangri-La Place to supply the luxury residential tower’s common areas with renewable energy sourced from its portfolio of solar, wind, and geothermal power plants.

    Widening BOP deficit flagged as key risk to external stability

    The Bangko Sentral ng Pilipinas (BSP) on Monday reported that the country’s external position, represented by the balance of payments (BOP), posted a deficit of USD2.6 billion in April 2025, sharply wider than the USD639 million shortfall recorded in the same month last year.

    First Gen takes control of Pi Energy for ₱1B

    First Gen Corp., a major power producer under the Lopez-led First Philippine Holdings (FPH) group, has acquired full ownership of Pi Energy Inc. for ₱1.006 billion.

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