Tuesday, 26 August 2025, 2:56 am

    Tag: RCBC

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    RCBC to offer fixed-rate peso bonds for growth, sustainability

    Rizal Commercial Banking Corp. (RCBC), the country’s sixth largest lender, has announced plans to issue fixed-rate peso-denominated bonds under its updated P200 billion bond and commercial paper program. This move signals the bank’s commitment to enhancing its capital structure and supporting strategic initiatives.

    Alternergy secures bulk of funding for Alabat wind farm

    Renewable energy pioneer Alternergy Holdings Corp., through its subsidiary Alabat Wind Power Corp., has received ₱3.26 billion in funding from Rizal Commercial Banking Corp. (RCBC) for its flagship 64-megaWatt (MW) wind farm in Quezon province.

    ACEN secures P34.41B Loan for Quezon-Laguna wind farm

    ACE Corp., the renewable energy arm of the Ayala Group, announced that its subsidiary, GIGA ACE 6 Inc., has secured a loan of up to P34.41 billion to finance its 344.5-megawatt onshore wind power project, which spans towns in Quezon and Laguna.

    Alternergy secures P800M funding for Bataan solar project

    Alternergy Holdings Corp., a listed renewable energy, has secured two tranches of funding from Rizal Commercial Banking Corp. (RCBC) for its 28 megaWatt-peak Balsik Solar Power Project in Hermosa, Bataan.

    EPI secures P5.175B loan for Cawag Solar

    Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corporation (NAC), has secured a P5.175-billion senior term loan facility from Rizal Commercial Banking Corporation (RCBC) to fund the construction of its 145-megawatt peak (MWp) Cawag solar power project in Subic, Zambales.

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    DILG suspends government work, classes amid rains

    The Department of the Interior and Local Government (DILG)...

    Mining groups urge release of detained nickel executive

    Local mining associations are calling for the immediate release of Global Ferronickel Holdings Inc. (FNI) chairman Joseph Sy, who was arrested by the Bureau of Immigration (BI) on 21 August 2025 over alleged misrepresentation of his citizenship.

    DALI operator Hard Discount posts wider losses despite revenue surge

    Hard Discount Philippines Inc. (HDPI), operator of the fast-expanding DALI Everyday Grocery chain, reported a deeper net loss of ₱1.97 billion in 2024, slightly higher than the ₱1.9 billion loss in 2023, despite a strong 52 percent jump in revenues to nearly ₱34 billion.

    Relocations reshape property market

    Corporate relocations, particularly by government agencies, and the decentralization of business operations are reshaping the Philippine real estate landscape, according to property consultant Prime Philippines. The firm noted that pending public sector relocations in Metro Manila could boost office occupancy, while business process outsourcing (BPO) growth continues to spur demand in regional hubs such as Clark, Cebu, Davao, Iloilo, and Bacolod.

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