Tag: SteelAsia

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SteelAsia pushes $1.5B, 5-year expansion on domestic demand

SteelAsia is pressing ahead with a USD1.5 billion expansion over the next five years, confident in long-term domestic steel demand despite a slowdown in government construction projects.

SteelAsia partners Buskowitz for Cebu solar project

SteelAsia Manufacturing Corp. has awarded Buskowitz Energy the contract for its Compostela Works Solar Rooftop Project in Cebu, marking a major step in the steelmaker’s shift toward cleaner operations.

SteelAsia earns region’s top green mark from Moody’s

SteelAsia Manufacturing Corp. has secured a “very good” SQS2 rating from Moody’s, earning what the agency described as the strongest and only Sustainable Finance Framework of its kind in the region to fully link financing with measurable decarbonization outcomes.

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Philippines posts notable PISA gains; PCCI seeks policy continuity and stronger system alignment

The Philippine Chamber of Commerce and Industry (PCCI) has congratulated the Department of Education (DepEd), under Secretary Sonny Angara, on the country’s marked improvement in the 2025 Programme for International Student Assessment (PISA).

SEC halts Takoyadon owner’s illegal investment scheme; warns of further legal action

The Securities and Exchange Commission (SEC) has issued a cease and desist order against Nego Food Solution Corp.—operator of the Takoyadon Japanese restaurant chain—and several individuals for illegally soliciting investments from the public.

Wholesale power rates rise 11.8% in August; Visayas and Mindanao see sharp, costly spikes

Average electricity prices across the Philippines in the Wholesale Electricity Spot Market (WESM) climbed 11.8 percent in August, driven by steep cost surges in Visayas and Mindanao even as Luzon rates fell, data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed Wednesday.

Gov’t intensifies El Niño preparations as climate risks grow

The government is intensifying preparations for a potentially severe El Niño, putting agriculture, irrigation, and water management at the center of efforts to limit the impact of prolonged dry conditions.

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