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Friday, April 19, 2024

Business

Manila Water subsidiary buys 70% of Laguna’s Equipacific

Manila Water Philippine Ventures, a subsidiary of Manila Water Co. Inc. catering to cities and municipalities outside the east zone, said Friday it signed a share purchase agreement (SPA) with EquiParco Holdings Corp. (EPHC), Metropac Water Investments Corp. (MWIC), and TwinPeak Hydro Resources Corp. (THRC) for the sale and purchase of 70 percent shares in Equipacific HoldCo Inc. (EHI). EHI is an investment company which holds 90 percent of the...

PH stocks fall on renewed ME tension

The main composite index of the Philippine Stock Exchange closed lower Friday,...

Megaworld raises P500m from sale of 40.6m shares in REIT unit

Megaworld Corp. said Friday it raised P500 million from the sale of...

RHI expects to complete sale of bioethanol business in 2024

Roxas Holdings Inc. (RHI), an integrated sugar and bioethanol company, said Friday...

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Bangko Sentral likely to keep rate at 2% this week

Moody’s Analytics, a subsidiary of Moody’s Corp., said Monday it expects the Monetary Board of the Bangko Sentral ng Pilipinas to keep the overnight...

EDC launches campaign to attain net zero carbon emissions in PH

Energy Development Corp., the country’s largest geothermal company, said Monday it launched a multi-sectoral movement toward attaining net zero carbon emissions among businesses in...

Common rail station finished by December

The Department of Transportation on Monday said the construction of the common station linking Metro Manila’s railway lines and the rehabilitation of the Metro...

Angeles set to build new slaughterhouse

ANGELES CITY–The city government and its private partner the Cabanatuan EACA Agroventures Inc. will build here a modern slaughterhouse costing P80 million following the...

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