Tag: SP New Energy

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SP New Energy appoints seasoned audit chief

Corporate Context.ph Context.ph -
SP New Energy Corp., the renewable energy subsidiary of MGen Renewable Energy Inc., has named Anthony Vergel Velasco as its new chief audit executive, strengthening its governance framework as it scales up its clean energy portfolio.

MGEN secures landmark investment for renewable future

Corporate Context.ph Context.ph -
MGEN Renewable Energy, Inc. (MGreen), through its subsidiary SP New Energy Corporation (SPNEC), has successfully concluded a deal with Actis Rubyred (Singapore) Pte. Ltd. for a 40 percent equity stake in Terra Solar Philippines, Inc. (MTerra Solar). 

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Robust fundamentals fuel optimism for PH finance

Banking & Insurance 0
The Philippine financial system remains solid even amid difficult global conditions, the Financial Stability Coordination Council (FSCC) confirmed during its 46th Executive Committee meeting held at the Bangko Sentral ng Pilipinas (BSP) headquarters in Manila. FSCC Chairman and BSP Governor Eli M. Remolona, Jr. noted that global risks are still high, driven by geopolitical tensions in the Middle East and unstable financial markets, but emphasized the system is well-placed to absorb any shocks.

Palay farmgate prices jump 30%  in August

Agriculture 0
Farmgate prices of dry palay rose nearly 30 percent year-on-year in August, extending the gains seen earlier in 2026 and providing stronger returns for rice farmers despite a slight monthly decline.

Nestlé invests P500M to expand Tanauan CHUCKIE plant

Trade & Investments 0
Nestlé Philippines is investing nearly P500 million to expand its ready-to-drink manufacturing facility in Tanauan City, Batangas, adding capacity for 144 million packs of CHUCKIE chocolate milk annually as demand grows.

Federal Land expands BGC residential footprint

Property 0
Federal Land Inc. is expanding its residential footprint in Bonifacio Global City with the opening of Aki Tower, the third residential tower of The Seasons Residences, as demand builds around the mixed-use district.

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