March 27, 2017, 6:34 pm
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Ayala ramps up RE portfolio

By Ruelle Albert Castro | March 27, 2017
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Ayala Corp. expects to ramp up its renewable energy (RE) holdings   in the next four years as the company pushes to raise its attributable power portfolio to 2,000 megawatts (MW) from the current 1,300 MW. 

NEDA ICC OKS changes in 4 proj

March 24, 2017
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The National Economic and Development Authority (NEDA) Investment Coordination Committee–Cabinet Committee (ICC-CC) approved Tuesday  the scope revisions of two transport projects, change in financing mode of one irrigation project, and one water supply project. 

IC cuts documentary requireme

March 24, 2017
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The Insurance Commission (IC) has trimmed the  documentary requirements for submission to the commission as part of the body’s efforts to ease processing.

Pass tax reform as package, A

March 24, 2017
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Pampanga Rep. Gloria Arroyo said the Comprehensive Tax Reform Program (CTRP) tax reform should be passed as a package to ensure the government will not lose revenues.

Del Monte sets P3.5B capex thi

by ALBERT CASTRO on March 24, 2017
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Del Monte Pacific Limited (DMPL) has budgeted $70 million or about P3.5 billion  for capital spending for its fiscal year starting this May, similar to its investment for the current year, as it expands the business. 

AboitizPower to issue up to P3

March 24, 2017
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Listed power generation firm Aboitiz Power Corp. plans to issue up to P30 billion worth of peso-denominated fixed-rate retail bonds that will be issued in one or more tranches depending on market conditions.

Maynilad’s Parañaque project o

March 24, 2017
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Maynilad Water Services, Inc. has laid 34.6 kilometers of the 77-kilometer Parañaque sewer network project which would improve community health through proper sewage collection and treatment.

MetroPac not planning to rais

March 24, 2017
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Metro Pacific Investments Corp. said it has no plans to raise new capital in the near future.

PHINMA Energy income surges 53

March 24, 2017
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Listed power generation firm PHINMA Energy Corp. grew its consolidated net income last year by 53 percent to P1.383 billion from P906 million the previous year led by higher electricity sales.

S. Korea’s Daewoo gets fresh $

March 24, 2017
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SEOUL - South Korean state banks are preparing a fresh $2.6 billion bailout for floundering Daewoo Shipbuilding & Marine Engineering Co Ltd, which has built up huge losses from offshore projects and risks missing debt repayments.

US inflation overshoot possibl

March 24, 2017
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WASHINGTON- the Federal Reserve has begun preparing the public and markets for higher inflation, but has left unanswered the question of how high inflation might go and for how long?


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Front Page

Column of the Day

Duterte immobilized

By DODY LACUNA | March 24,2017
695 View(s) 0 Comment(s)
‘He should deter the AIDS outbreak victimizing the youth whom he has pledged to protect always.’

Opinion of the Day

Reviving Laguna de Bae (2)

By DAHLI ASPILLERA | March 27, 2017
296 View(s) 0 Comment(s)
‘Industry and residents must be disciplined; penalized. “We are doing all these for the local subsistence fishermen.” – Jaime Medina, LLDA general manager.’