FREEPIKRENEWABLE ENERGY company NexGen Energy Corp. has priced its initial public offering (IPO) at P1.68 per share, matching its upper-end forecast.The company announced the IPO price on June 25, as per a notice on the Philippine Stock Exchange (PSE) website.It expects its shares to be

PHILIPPINE STAR/ MICHAEL VARCASPANGILINAN-LED Metro Pacific Tollways Corp. (MPTC) said it hopes to construct a P40-billion expressway in Naic, Cavite.“We are in discussions with the provincial government of Cavite about a possible Naic connection to CALAX (Cavite-Laguna Expressway) in General Trias,” MPTC President and Chief

METROPAC Water Investments Corp. (Metro Pacific Water) on Wednesday said it is working with France-based water and waste management solutions provider Suez for the construction of a desalination plant in Iloilo City.The companies recently signed an agreement to build a desalination plant that can produce

Image by Rudy and Peter Skitterians from PixabayMAYNILAD Water Services, Inc. will issue rebates totaling P3.92 million to some customers in Imus City, Cavite, as a penalty from the Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) for poor water quality.The MWSS RO announced

PONGSAWAT PASOM-UNSPLASHGLOBE Telecom, Inc. announced on Tuesday a partnership with Lynk to assess the potential of satellite-direct-to-phone communication services in remote areas of the Philippines.“The recent signing of the new agreement signifies a crucial step towards enhancing connectivity and communication access within the country, particularly

BW FILE PHOTOTHE GOVERNMENT made a full award of the reissued Treasury bonds (T-bonds) it offered on Wednesday at a higher average yield than secondary market levels as investors expect both the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve to keep benchmark

LISTED company IP E-Game Ventures, Inc. said it plans to invest P300 million as the minimum capital for setting up its real estate investment trust (REIT) company.“IP E-Game will fund its investment into the REIT company through a combination of equity and convertible debt and

BW FILE PHOTOYIELDS on the Bangko Sentral ng Pilipinas’ (BSP) term deposits were mixed on Wednesday as the market looked ahead to the Monetary Board’s policy decision on Thursday.The central bank’s term deposit facility (TDF) attracted bids amounting to P207.107 billion on Wednesday, above the

COLD STORAGE, a frozen seafood company, is diving into the sustainability game because once, many years ago, they ran out of scallops.During the launch of their campaign called GenSea: Dive into Sustainability on June 20 at Manila House in Taguig, Cold Storage also announced their

FREEPIKPHILIPPINE BUSINESSES should invest in cybersecurity and emerging technologies as cyberattacks and threats are becoming increasingly sophisticated, industry experts said on Tuesday.“Companies that have matured cybersecurity initiatives have more sustainable business. It gives positive revenue in terms of brand reputation, revenue, operational sustainability, employee acquisition,

PHILIPPINE STAR/ RYAN BALDEMORShould public works projects run 24/7? Should work be round-the-clock particularly for public infrastructure projects? A few of our congressmen believe this should be the rule for government-funded projects. The objective, of course, is to complete projects in the least possible time.

NGCP.PHTHE National Grid Corp. of the Philippines (NGCP) is hoping to recover P87.7 billion from its two transmission projects upon the completion of its rate reset reviews.“We want to emphasize that the NGCP is ready to serve and build (transmission) lines that are needed but