A FAVORABLE outlook for renewable energy (RE) bodes well for Alternergy Holdings Corp., analysts said, as the wind farm developer debuts on the stock exchange on Friday amid investor worries over events abroad. Alternergy is holding its initial public offering (IPO) of shares and expects to raise about P1.62 billion to fund ongoing and planned […]Read More

AIRASIA Philippines and Philippine Airlines (PAL) said they are both working with the Manila International Airport Authority (MIAA) for the planned reassignment of all domestic flights to Terminal 2. “We are working with the airport authorities as we gear up for the eventual use of Terminal 2 as an all-domestic terminal,” PAL Spokesperson Maria Cielo […]Read More

MEGAWORLD Corp. expects P2 billion in sales from a 17-storey residential condominium that it is set to build in Lapu-Lapu City, Cebu, the company announced on Thursday. In a press release, the company said it expects the condominium’s completion in 2028. The project will be built on the property developer’s 30-hectare The Mactan Newtown township. […]Read More

MONDE NISSIN Corp. said on Thursday that its board of directors had authorized the subscription to preferred shares in a US company engaged in food product research. In a stock market disclosure, the listed food and beverage maker said the subscription was priced at up to $2 million and represents 1.89% of the outstanding capital […]Read More

BRADY BELLINI-UNSPLASH Alternergy Holdings Corp., through its unit Alternergy Tanay Wind Corp. (ATWC), said on Thursday that it has received proposals from three companies to co-develop a wind power project in Tanay, Rizal. “We have received strong interest from three major energy companies following the request for proposals due in March 2023. The official letters […]Read More

SM Prime Holdings, Inc. has started to recycle water to help address water supply problems in the country, it said In a media release on Thursday. “We all know that fresh water is a finite resource, so it is important that we try our best to conserve it. This is why SM has been adhering […]Read More

BEN BLENNERHASSETT /UNSPLASH LONDON —  Global recorded music revenues rose 9% last year to $26.2 billion, with growth registered in every region and an increase in paid subscription streaming helping drive sales, a report said on Tuesday. Among the trends highlighted by the International Federation of the Phonographic Industry (IFPI), a trade body for the […]Read More

DOUBLEDRAGON Corp. said on Thursday that its unit had raised an additional $20 million in a tap offering of its outstanding senior guaranteed notes due in 2025. It said the proceeds from the tap offering, which allows a company to sell a debt instrument from a previous issuance, will be used to develop and construct […]Read More

Brian Cox lords over a scene in Succesion season 4 NEW YORK — Succession actor Brian Cox briefly turned into his commanding patriarchal character Logan Roy on the red carpet on Monday, as the cast of the hit HBO drama premiered its fourth and final season. Swearing just like Roy regularly does in the award-winning […]Read More

KIA PHILIPPINES is targeting to sell at least 50 units of its new EV6 electric vehicle model this year after its recent launch although the carmaker is ready to sell more. “We’re down by a quarter already. We’re targeting at least 50 units within the year just for the EV6. That’s at least,” Kia Philippines […]Read More