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Philippines
Thursday, April 25, 2024

Business

Japan’s Taisei takes 25% stake in PGEC unit

Taisei Corp., one of Japan’s biggest general contractors, signed an investment framework and shareholders agreement with PetroGreen Energy Corp. (PGEC) to take a 25-percent equity stake in the latter’s subsidiary Rizal Green Energy Corp. (RGEC). The investment covers the funding, construction and operation of an initial portfolio of four solar power facilities totaling 112.6 megawatts (MW). This includes the 41-MW Limbauan project in Isabela, the 25-MW Bugallon project in Pangasinan, the...

BOI, Bulacan forge partnership to drive investment growth

The Board of Investments (BOI) and the Bulacan provincial government signed a...

SEC asks Apple, Google to cut Binance app in PH

The Securities and Exchange Commission (SEC) asked the two leading application stores...

Villar’s ALLTV signs deal to host ABS-CBN shows

Advance Media Broadcasting System (AMBS) of the Villar Group teamed up with...

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Murata, First Gen renew clean power supply deal

Philippine Manufacturing Co. of Murata Inc. (PMM) renewed its agreement with clean energy provider First Gen Corp. for the supply of renewable electricity for...

PH forms team to lead bid in hosting Loss and Damage Fund

The Philippine government established an interagency team to spearhead its bid to host the Loss and Damage Fund (LDF) Board, allowing the country to...

Top PH brands register growth in terms of value

The growth in value of the most valuable Philippine brands echoes the positive sentiments of their nation’s economic outlook, according to a new report...

OceanaGold remits additional P1b to gov’t

OceanaGold (Philippines) Inc. (OGPI), operator of the Didipio Gold-Copper Mine, on Tuesday announced the remittance of additional P1.1-billion share to the Philippine government, making...

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