Tag: RCBC

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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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PEZA woos Australian firms, expansions accelerate

The Philippine Economic Zone Authority (PEZA) is stepping up its push to position the Philippines as a regional digital services and innovation hub, using the Digital Health Festival 2026 in Melbourne as a platform to court fresh Australian investments while securing expansion commitments from existing locators.

DA, NFA secure milling services in Bicol to boost palay purchases, food security

The Department of Agriculture (DA) and National Food Authority (NFA) have contracted six rice millers in Albay and Sorsogon to process over 114,000 bags of palay into roughly 74,600 bags of rice. Worth P19.1 million, the project aims to expand government rice reserves, free warehouse space, and support the low-cost rice program amid rising inflation.

DOTr steps up road safety drive to cut casualties

The Department of Transportation (DOTr) is strengthening safety measures and enforcement to reduce road deaths, with special attention to pedestrians and cyclists. The move follows an order from President Ferdinand Marcos Jr. to improve road discipline and make the transport system more inclusive.

Labor groups urge gov’t to monitor, review NAIA privatization deal

Major labor organizations have called on the government to investigate alleged violations in the agreement for the privatization of Ninoy Aquino International Airport (NAIA), warning that the absence of independent oversight puts national security and public interest at risk.

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