EDC eyes P25B for geothermal project expansion
PHILSTAR FILE PHOTOLOPEZ-LED Energy Development Corp. (EDC) plans to allocate P25 billion for the expansion of its 282.5-megawatt (MW) Southern Negros Geothermal Project (SNGP) in Negros Oriental.“This covers the cost of drilling new wells, the expansion of existing pads, and
Converge tapped to connect 600-ha industrial park in Batangas
FIRST PHILIPPINE Industrial Park is a joint venture between the local conglomerate First Philippine Holdings and the Japanese conglomerate Sumitomo Corp. — FPIP.COMLOPEZ-LED First Philippine Holdings Corp. has tapped Converge ICT Solutions, Inc. to provide connectivity solutions for First Philippine
Airlines see early holiday booking surge
GUESTS IN QUEUE at the AirAsia check-in counters at NAIA Terminal 2. — NEWSROOM.AIRASIA.COMBy Ashley Erika O. Jose, ReporterPHILIPPINE CARRIERS are gearing up for a surge in flight bookings as the holiday season approaches, driven by early travel planning and
DMCI stockholders OK share issuance for Cemex purchase
DMCI HOLDINGS Chairman and President Isidro A. Consunji — DMCIHOLDINGS.COMDMCI HOLDINGS, Inc. has secured stockholders’ approval to issue P10 billion in preferred shares to Dacon Corp., the Consunji group’s private holding company, for the acquisition of Cemex Holdings Philippines, Inc.
Ayala Corp. scaling new ventures
CEZAR P. CONSING — GLOBE.COM.PHAYALA Corp. is scaling its newer businesses in healthcare, logistics, infrastructure, education, financial technology, and electric mobility, leveraging its fundraising ability, according to its president.“Perhaps as important are our newer, less well-known businesses in healthcare, logistics,