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.
The Board of Investments (BOI) is confident it can finally make a major dent in nearly P5 billion worth of unpaid auto tax credits, after the government restored funding for the Comprehensive Automotive Resurgence Strategy (CARS) Program in the proposed 2026 national budget.
The government is lining up a hefty start to its 2026 borrowing program, targeting P824 billion in the first quarter alone to help fund state spending.
Converge Information and Communications Technology Solutions Inc. is speeding up its shift from being mainly a fiber internet provider to becoming a full technology company, driven by growing demand from large businesses and enterprises.
Data from the Department of Human Settlements and Urban Development show the national housing backlog reached 10.65 million units in 2024, highlighting decades of unmet demand that continue to weigh on affordability and urban planning.