Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender, has successfully listed its Series F ASEAN Sustainability Bonds due 2028 on the Philippine Dealing and Exchange Corp. (PDEx), raising a total of P12.21 billion.
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.
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.
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.
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.
The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.
The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.