First Gen gas plant reclassified to go online

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FIRST GEN Corp. today announced that, as part of its restructuring activities, one of its gas-fired gas plants in Batangas went online on Monday, when a generator repair was...

Net profits of STI Holdings is down 40%

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For the October-December duration of its financial year ending on June 30 STI Education Systems Holdings, Inc. led by TANCO, posted a net attributable income of P90,32 million.

Jollibee to launch about 450 outlets globally within the next year

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Jollibee's eyes are 450 fresh, most of them international shops Jollibee Foods Corp. is forecast to invest $12.2 billion this year, rising from 22 percent...

Australia solar farm financing is secured by the Ayala Unit

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In a bank funding project of 400 MW in New South Wales, THE Ayala Group and its Australian affiliate have secured 619 million AU$, or about P23.1 billion.

SM estimates 53% revenue decline

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In 2020, the net profits of SM PRIME Holdings, Inc. declined by 52.8% to P18 billion and its mall market division reported a double-digit decline in sales.

Megawide bags dozens of contracts worth P26.08 billion

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Megawide bags to dozens contracts worth P26.08 billion for Suntrust agenda. MEGAWIDE Construction Corp. announced on Monday that for its Westside City Resorts World initiative, it...

External demand for nickel is boosting

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THE nickel industry is expected to have a good year in 2021 as international demand would increase amid the 2019 Coronavirus Pandemic (COVID-19). Dante R. Bravo,...

Fiber network converge ‘more than doubled’

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Converge ICT Solutions, Inc., the LISTED internet service provider, said on Wednesday that its fiber grid "doubled" last year, after installing more than 28,300 km of fiber optical cables.

Premiere Horizon earns the third upfront payment for the share sold to SquidPay

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The third initial payment for interest sold to SquidPay is earned by Premiere Horizon PREMIERE Horizon Partnership Corp. obtained a third P100 million tentative payment from...

Basic Energy intends to construct 50 MW wind farm in Batangas

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A UNIT of Simple Energy Corp. has accepted the principal terms of a 50-megawatt (MW) wind energy operation contract with the Energy department in Mabini, Batangas, the mentioned firm...

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