Tag: Prime Infrastructure

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First Gen buys into Prime Infrastructure hydropower projects in P75B deal

Corporate Context.ph Context.ph -
First Gen Corp., controlled by the Lopez family, is acquiring a 40 percent equity stake in pumped storage hydropower portfolio Prime Infrastructure Capital Inc., part of billionaire Enrique Razon Jr.’s infrastructure venture, for P75 billion. 

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Maynilad 9-month profit rises 10% to P12.6B

Corporate 0
Maynilad Water Services Inc. increased its net income by 10 percent to P12.6 billion in the first nine months of 2026, as higher billed water volume, improved network efficiency, and lower financing costs supported earnings despite elevated operating costs and inflationary pressures.

PEZA eyes 200 ecozones to draw investments to Luzon corridor

Trade & Investments 0
The Philippine Economic Zone Authority (PEZA) is tapping 200 economic zones along the Luzon Economic Corridor to attract manufacturing and technology investments, as the government seeks to strengthen the country’s position in regional supply chains and turn the Subic-Clark-Manila-Batangas route into a more integrated industrial hub.

China Bank Jan-Sep profit climbs 12% to P22.6B

Banking & Insurance 0
China Banking Corp. (China Bank) grew its nine-month net income by 12 percent to P22.6 billion in 2026, as stronger lending activity and wider interest margins boosted core banking revenues while asset quality remained stable.

Free modern jeepney rides offered on two Metro Manila routes

Mobility 0
Commuters on two major Metro Manila routes can save on daily travel costs with free modern jeepney rides from November 5 to 14 under a joint initiative of the Department of Tourism (DOT) and Department of Transportation (DOTr) ahead of the Philippine-hosted ASEAN Summit.

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