CEBU, Philippines — Prime Infrastructure Capital Inc. (Prime Infra), through its social development arm Prime Infra Foundation and waste management subsidiary Prime Integrated Waste Solutions (PWS), has partnered with global environmental company RiverRecycle to strengthen efforts in addressing plastic pollution in Cebu City. As part of the initiative, RiverRecycle has deployed a floating...
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LISTED real estate developer Cebu Landmasters, Inc. (CLI) is nearing its entry into the Luzon market after acquiring land for a planned condominium project in Metro Manila. “We will disclose the specific area in due time; we are looking for a vertical development in Metro Manila,” CLI Chief Operating Officer Jose Franco B. Soberano said during a virtual briefing last week. Mr. So...
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LISTED real estate developer SM Prime Holdings, Inc. plans to launch up to six projects under its upcoming premium residential line within the next five years. “The pipeline is maybe five to six projects in the next five years,” SM Prime Holdings Executive Vice-President and Premium Residential Line Head Jose Juan Z. Jugo said in an interview with BusinessWorld. Mr. Jugo ide...
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CEBU, Philippines — Cebu-based power generator KEPCO SPC Power Corporation has committed to expanding its power generation capacity to meet the increasing demand for electricity in the coming years. To help support this growth, BDO Unibank Inc. (BDO) is extending financial assistance to KSPC — a move expected to benefit businesses, households, and communities across the region....
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CEBU, Philippines — Robinsons Offices, the commercial office arm of Robinsons Land Corporation (RLC), has officially topped off the Cybergate Dumaguete project. Located in the heart of Robinsons Dumaguete complex in Calindagan, this project marks Robinsons Offices’ expansion into its 13th key city and is expected to bring more job opportunities and support economic growth in Negros...
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CONSUMERS will be seeing a noticeable increase in their April 2025 electricity bills due to a spike in Ancillary Service (AS) charges, according to the National Grid Corp. of the Philippines (NGCP). For the March 2025 billing period, AS charges rose by 16.05 percent to P0.8094/kWh, up from P0.6975/kWh in February. NGCP attributed the hike to the inclusion of the third tranche of payments for un...
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