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Saturday, October 12, 2024

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WB approves $287-m loan for PH digital infrastructure

The World Bank said Friday its board of executive directors approved a 268.22-million-euro ($287.24-million) funding for the Philippines Digital Infrastructure Project. It said in a statement the project is expected to benefit 20 million Filipinos and improve climate-resilient, secure and inclusive broadband connectivity across the Philippines. The project will invest in the government’s national fiber optic backbone, middle-mile, and last-mile connectivity infrastructure. It will also ensure that these facilities are secure...

ERC asked to finalize green energy auction reserve prices

The Senate asked the Energy Regulatory Commission (ERC) to finalize green energy...

Meralco announces lower rates in October

Consumers of Manila Electric Co. (Meralco) will enjoy lower rates of P0.3587...

NAIA Terminal 4 set to be closed, Cebgo flights transferring to Terminal 2

The Ninoy Aquino International Airport (NAIA) Terminal 4 will be closed next...

Aboitiz Power still keen on acquiring Nordeco

KUALA LUMPUR, Malaysia—Aboitiz Power Corp., the power arm of the Aboitiz Group,...

MREIT gets nod for P13-b property-for-share swap

MREIT Inc., the real estate investment trust (REIT) company of Megaworld Corp.,...

WB approves $287-m loan for PH digital infrastructure

The World Bank said Friday its board of executive directors approved a 268.22-million-euro ($287.24-million) funding for the Philippines Digital Infrastructure Project. It said in a statement the project is expected to benefit 20 million Filipinos and improve climate-resilient, secure and inclusive broadband connectivity across the Philippines. The project will invest in the government’s national fiber optic backbone, middle-mile, and last-mile connectivity infrastructure. It will also ensure that these facilities are secure...

ERC asked to finalize green energy auction reserve prices

The Senate asked the Energy Regulatory Commission (ERC) to finalize green energy...

Meralco announces lower rates in October

Consumers of Manila Electric Co. (Meralco) will enjoy lower rates of P0.3587...

NAIA Terminal 4 set to be closed, Cebgo flights transferring to Terminal 2

The Ninoy Aquino International Airport (NAIA) Terminal 4 will be closed next...

LATEST Business

LATEST

PH stocks plunge as US inflation picked up in September

Philippine stocks plunged by more than 100 points Friday as sentiment turned negative after Wall Street posted losses overnight. The 30-company Philippine Stock Exchange index ended...

Frabelle subsidiary opens P755-m Navotas refrigerated warehouse

FG Cold Storage Corp., a subsidiary of the Frabelle Cold Chain Group, opened a P755-million refrigerated warehouse within the Navotas Fishport complex Friday. The state-of-the-art...

PLDT unit, CIMA agree to improve global connectivity

PLDT Global Corp., the international arm of PLDT Inc., formed a major strategic partnership with CIMA Telecom, one of the largest telecommunications traffic aggregators...

Vivant subsidiary announces exit from joint venture with Israeli firm

Vivant Hydrocore Holdings, Inc. (VHHI), a subsidiary of publicly listed energy and water conglomerate Vivant Corp., is exiting its joint venture with Israeli company...

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