- Aviation growth expected in 2025 despite challenges — analysts
THE PHILIPPINE AVIATION industry is poised for growth in 2025, driven by the maintenance, repair, and overhaul (MRO) sector and increasing travel demand, despite ongoing global supply chain issues, according to analysts.
- Ayala Corp. secures €50 million from European lender
LISTED conglomerate Ayala Corp. has secured a social loan worth €50 million (P3.1 billion) from European bank ING Group to support its subsidiary Ayala Healthcare Holdings, Inc.’s (AC Health) portfolio growth. “As a global bank with deep expertise in sustainable finance, we are proud to play a crucial role in enabling Ayala to address pressing
- 7 energy projects cleared for system impact study
THE Department of Energy (DoE) endorsed seven energy projects in November to undergo a system impact study (SIS) with the National Grid Corp. of the Philippines. “In November 2024, the DoE issued seven SIS endorsements, which are composed of one amendment and six new applications,” the department said in a document posted on its website.
- Blueleaf in talks with Chinese firms for floating solar projects
RENEWABLE ENERGY company Blueleaf Energy Philippines is eyeing to tap two Chinese firms for the construction of its 250-megawatt (MW) floating solar project in Lake Caliraya and Lake Lumot in Laguna. The company is in talks with Xian Electric Engineering Co. Ltd. and China Energy Engineering Corp. for its engineering, procurement, and construction contract, Blueleaf
- Unilever plans to boost local manufacturing, supply chain
UNILEVER PLC is eyeing to expand its local manufacturing and supply chain capabilities in the Philippines, the consumer goods company said on Wednesday. “Unilever is further developing its local manufacturing capabilities and supply chain strategies to meet the needs of its significant Filipino market,” the company said in a statement. The company said that more
- SEC opens new office in Lipa, Batangas
THE Securities and Exchange Commission (SEC) has opened an extension office in Lipa City, Batangas. “The SEC Lipa Extension Office reaffirms our commitment to providing greater and more effective access to our services, ensuring consistent enforcement of corporate and securities regulations, and establishing closer coordination with partners indispensable in the implementation of our plans and
- How CloudCFO aims to simplify accounting process for F&B companies
ACCOUNTING and advisory firm CloudCFO seeks to streamline traditional bookkeeping processes to make it easier for food & beverage (F&B) companies to track their finances. “Now more than ever, with rising costs due to inflation, maintaining profitability through rigorous control over margins is key to not only staying competitive in the F&B industry, but also
- Agoda: More Filipinos eyeing int’l travel for New Year’s Eve
INTERNATIONAL and domestic flight-related searches are increasing as the holiday season approaches, digital travel platform Agoda said. “It’s exciting to see more Filipinos looking to celebrate New Year’s Eve abroad,” Mike Hwang, Agoda country director, said in a statement on Tuesday. According to Agoda, a 34% increase in accommodation searches for international trips has highlighted
- How PSEi member stocks performed — December 18, 2024
Here’s a quick glance at how PSEi stocks fared on Wednesday, December 18, 2024.
- AIC says LIMA Estate to see 7,000 new jobs with incoming 13 firms
ABOITIZ Infracapital, Inc. (AIC) expects the 13 additional companies currently building facilities in its LIMA Estate in Batangas to create up to 7,000 new jobs, according to a company official.