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Tarlac’s Concepcion poised to become solar hub

Within this decade, the town of Concepcion in Tarlac province may become the hub of the country’s source of solar-generated energy.

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8990 sees exceeding P10-B sales goal for this year

Listed mass housing developer 8990 Holdings Inc. is confident of surpassing its P10-billion revenue target this year on the back of new projects and good first-semester financial performance.

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Solon seeks more women in boards of listed firms

More women should be elected to the boards of local companies, House Deputy Majority Leader and Makati City Rep. Mar-Len Abigail Binay appealed to shareholders of Philippine Stock Exchange (PSE)-listed corporations to elect more women to their governing boards.

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JFC backs hike in government spending in 2016 budget

By Riza Lozada The Joint Foreign Chambers of the Philippines (JFC) lauded the ramping up of public spending by nearly double mainly on infrastructure in the proposed budget for next year. The budget proposal or the National Expenditure Program (NEP) proposed a five percent share of infrastructure spending in the Gross Domestic Product (GDP), which was JFC’s recommendation since 2010 when President Aquino started his term and when spending for infrastructure in …

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Megaworld earmarks P20B for Fort Bonifacio office developments

Property developer Megaworld Corp. is spending P20 billion to complete 12 new office buildings in Fort Bonifacio within three years that will more than double its office space inventory in the area and create over 100,000 jobs.

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AC Energy optimistic of hitting power goal

AC Energy Holdings Inc. (ACE) is optimistic of meeting its 1,000-megawatt (MW) target capacity by 2016, President and Chief Executive Officer (CEO) John Francia said.

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Meralco sees energy sales to grow by 4%

The Manila Electric Co. (Meralco) expects a 3- to 4-percent hike in its energy sales for the first half of this year.

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8990 targets 6-year expansion of Azalea projects for P1.5B

The hotel arm of listed property developer 8990 Holdings Inc. plans to invest P1.5 billion to expand its hotel portfolio over the next six years, riding on the domestic tourism boom.

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Continued reforms seen to maintain PSE health

The local stock market can sustain its rally in the next few years, depending on the ability of the next leader to continue the Aquino administration’s reforms focusing on macroeconomic stability, a financial expert said.

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EU seeks clear rules on solar energy use

By Riza Lozada The European Union (EU) had sought a clearer policy on the installation of solar panels on rooftops of factories.

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