Domestic setbacks slash ACEN profit
The Ayala group’s renewable energy arm, ACEN Corp., was hit by lower Philippine generation, weak spot market prices, and rising costs from newly operational…
· 1 min read
Daily TribuneTopic
The Ayala group’s renewable energy arm, ACEN Corp., was hit by lower Philippine generation, weak spot market prices, and rising costs from newly operational…
· 1 min read
The Philippine Stock Exchange at One Bonifacio High Street Condominium Corp. (PSE at OBHS) has renewed its electricity supply agreement with First Gen Corp. of…
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ACEN Corp., the Ayala group’s renewable energy arm, sustained a 28 percent drop in consolidated net income to P1.95 billion in the first quarter of the year,…
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Metro Pacific Investments Corp. (MPIC) saw a 48 percent jump in net income to P9.1 billion in the first quarter from P6.1 billion a year ago, driven by gains…
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Canete posted 25 points, 12 rebounds and four assists while Alday chalked up 22 points and seven rebounds as the Golden Coolers revved up their drive for a…
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Proving that they remain the country’s top conglomerate, SM Investments Corporation (SM Investments) posted a P20.1 billion consolidated net income in the…
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The T-bond attracted total bids amounting to P71.7 billion or 2.4 times oversubscription; the government security, with a remaining term of seven years and…
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Vista Land & Lifescapes Inc. (VLL) said its wholly-owned subsidiary VLL International, Inc. (VLLI) has secured a $150-million syndicated term loan facility…
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Amid a lackluster hotel sector, a high-ranking official of Chroma Hospitality Group (Chroma), the hospitality management arm of the Gotianun-led Filinvest…
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Amid the apparent low spending in hotel markets this year, a high-ranking official of Chroma Hospitality Group (Chroma), the hospitality management arm of the…
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Her election ensures the company maintains its majority of independent directors, exceeding regulatory standards and reaffirming the company’s commitment to…
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The National Bureau of Investigation (NBI) announced Sunday the arrest of a lady pastor in Baras, Rizal for her alleged involvement in large-scale illegal…
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‘The BCDA’s strong performance is a testament to the private sector’s steadfast confidence in the long-term potential of our economic zones, including New…
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The owners are being urged by NNIC to contact airport management as soon as possible to confirm ownership and facilitate retrieval or appropriate disposal.
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A chapel in Rizal facilitating the illegal recruitment of Filipinos was shut down by Philippine authorities on Monday.
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The Bureau of Immigration (BI) disclosed on Monday that its operatives apprehended a suspected cyber trafficker who allegedly targets vulnerable Filipino…
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‘Being able to talk to someone and visit a branch is an assurance of the legitimacy and commitment of a bank, especially on matters as important as one’s…
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Two major infrastructure firms — the Metro Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) — are joining forces to develop the 72-kilometer…
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