EDC cuts spending as drilling slows
Lopez-led Energy Development Corp. (EDC) will slash its capital expenditure to P19 billion in 2026, down roughly 37 percent from P30 billion this year, as the…
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Lopez-led Energy Development Corp. (EDC) will slash its capital expenditure to P19 billion in 2026, down roughly 37 percent from P30 billion this year, as the…
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Crystal Bridges Holding Corp., part of the Lucio Co Group, has fully acquired Villar-owned PrimeWater Infrastructure Corp., a move that ends market speculation…
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Police seized 1,250 board feet of illegally cut wood during a routine anti-criminality and anti-illegal logging patrol at Brgy. Reformista, Limay, Bataan on 13…
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Asialink Finance Corp. (AFC) has secured an additional $50 million from the Asian Development Bank (ADB), raising its total credit facility to $165 million to…
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Alsons Consolidated Resources, Inc. (ACR) has received an upgraded credit rating of PRS Aa (corp.) with a Stable Outlook from Philippine Rating Services Corp.…
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First Gen Corp. (FGEN) is now supplying geothermal power to Divine Mercy Wellness and Medical Center (DMWMC) in Tuguegarao City through its renewable energy…
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Renewable energy developer Alternergy Holdings Corp. (ALTER) has received approval from the National Grid Corporation of the Philippines (NGCP) for the System…
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The Villar Foundation has been recognized by the Department of Environment and Natural Resources (DENR) with the Green Legacy Award for its sustained…
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The government has launched the Enhanced Community Mortgage Program (ECMP) in 34 sites approved by the Social Housing Finance Corp. (SHFC) and the Department…
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Hariphil Asia Resources Inc. (HARI), distributor of Volvo Cars in the Philippines, supported the 3rd Battig Golf Cup “Swing for Music” at Tagaytay Midlands…
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DigiPlus Interactive Corp. (DigiPlus), the company behind BingoPlus, ArenaPlus, and GameZone, is eyeing to leverage the upcoming Global Gaming Expo (G2E) Asia…
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A-FLOW, a joint venture between AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Digital Infrastructure (FLOW), has officially launched its first data…
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The Department of Transportation (DOTR) and the Bases Conversion and Development Authority (BCDA) have agreed to advance the air transport and logistics…
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Japanese energy firm JERA Co. Inc. is signaling a broader role in supporting the Philippines’ shift toward a more balanced and lower-carbon power mix, as it…
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The National Home Mortgage Finance Corporation (NHMFC) has begun a full digital overhaul with the rollout of its Project Refresh, Lift and Transition (Project…
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Cebu-based fuel retailer Top Line Business Development Corp. (TOP) is gearing up for a major capital-raising drive after shareholders approved the…
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Aboitiz Power Corp. is challenging a P1.37-million penalty imposed on its joint venture SN Aboitiz Power–Magat, Inc. (SNAP Magat) after the Philippine…
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Market interest in the new site, which is set to open in the fourth quarter of 2026, with over 21,000 square meters of leasable space across six levels and a…
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