ACEN Corp. said Wednesday that affiliated joint venture IBV ACEN Renewables Asia Pte. Ltd. is nearing completion of its investment assessment for solar projects in Malaysia, valued at $13 million. This development signals the company's expansion into new markets and strengthens its commitment to renewable energy.
Berde Renewables Inc., a renewable energy company backed by I Squared Capital, has announced a strategic joint venture with Power Systems and Solutions Co....
The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.
Oriental Peninsula Resources Group Inc., which trades on the stock exchange under the symbol ORE, said Tuesday one of its affiliate, Oriental Energy & Power Generation Corp., has signed an agreement with Japan’s Marubeni Corp. for the development of renewable energy sources in the Philippines.
SP New Energy Corp., a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset swap with Solar Philippines Power Project Holdings Inc.
One year after taking over operations of Ninoy Aquino International Airport (NAIA), New NAIA Infrastructure Corp. (NNIC) is set to roll out a new facial recognition system powered by Collins Aerospace, allowing passengers to check in, drop bags, clear security, and board using only their face.
Unilever Philippines has renewed its partnership with First Gen Corp., the country’s leading renewable energy (RE) producer, to power seven of its production and distribution sites with approximately 10 megawatts of geothermal energy.
The Marcos Jr. administration has expanded its flagship affordable rice initiative to the transport sector, with over 57,000 public transport workers now set to benefit from P20 per kilo rice under the “Benteng Bigas, Meron Na!” program.
Manulife Investment Management is advising investors to adopt a barbell investment strategy in response to the unexpected uptick in the country's inflation rate in August. The strategy, aimed at navigating an increasingly uncertain interest rate environment, involves allocating capital to short-term bonds to benefit from immediate policy rate adjustments, while selectively adding long-term bond exposure if inflation expectations remain anchored.