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 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.
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.
DITO Telecommunity has surpassed 15 million subscribers just four years after its commercial launch in March 2021, marking a major milestone in its rapid rise as the Philippines’ third telco player.
Philippine Airlines (PAL) is making waves in the travel industry with its new “2-in-1 Getaway Fares,” allowing international travelers to explore two Philippine destinations for the price of one.
Travelers should brace for higher airfares in August following the Civil Aeronautics Board’s (CAB) announcement Friday raising fuel surcharges to Level 4 for both domestic and international flights.
Cebu Pacific has taken delivery of a new Airbus A330neo, becoming the first Philippine carrier to operate a 100-aircraft fleet — a key corporate milestone that highlights both scale and strategic fleet modernization.