AC Energy inks subscription deal with unit
AC Energy Corp. (ACEN) will shell out $140.20 million for the share subscription it inked with its subsidiary, ACEN Renewables International Pte. Ltd. ACEN said...
‘Luzon power peak demand breaches pre-Covid level’
Luzon’s peak demand for power hit 11,617 megawatts (MW) last March 23, surpassing the pre-pandemic level of 11,307MW in June 2019 and last year’s peak...
AllHome gets boost from PHL’s reopening
AllHome Corp., the listed retail arm of the Villar Group, on Thursday said its net income last year rose 46 percent to P1.44 billion from...
UnionBank’s stock rights offer get PSE approval
THE Philippine Stock Exchange Inc. has approved the stock rights offer of Union Bank of the Philippines, which said the proceeds of which will be...
BankCom shares rise 2% in PSE debut
THE shares of Bank of Commerce (BankCom), a unit of conglomerate San Miguel Corp. (SMC), gained almost 2 percent during its maiden trade at the...
Of building a team, a community and a house
SEPTUAGENARIANS like myself are supposed to be enjoying retirement time, taking it slow and easy, playing with grandkids, traveling and visiting friends and relatives, catching...
PHL business among top beneficiaries of ADB nonsovereign operations
LOCAL businesses were among the top beneficiaries of the nonsovereign operations (NSOs) of the Asian Development Bank between 2008 and 2020, an ADB Independent evaluation...
BSP sets up program to solidify RBs capital base
THE Bangko Sentral ng Pilipinas (BSP) launched on Thursday its new framework to strengthen local rural banks through new regulations largely focusing on solidifying the...
Government budget deficit at ₧105.8B in February
THE national government’s budget deficit narrowed in February, as spending dropped faster than revenue collection during the month, the Bureau of Treasury (BTr) reported last...
Restive Taal bursts 3 times, but not strong enough to heighten alert–Phivolcs chief
The restive Taal Volcano continues to show signs of imminent threat, as the active volcano bursts three times early Thursday morning. Department of Science and...