Monthly Archives: March 2021

PDEx approves AboitizPower Php8B bonds

PDEx approves AboitizPower Php8B bonds

The Philippine Dealing and Exchange Corporation (PDEx) has approved the listing of Aboitiz Power Corporation’s  Series “A” bonds worth Php8 billion, including oversubscription. In its..
Semirara allots Php4B capex for 2021

Semirara allots Php4B capex for 2021

Consunji-led Semirara Mining and Power Corporation (SMPC) is budgeting around Php4 billion for its capital expenditure (capex) program this year.  SMPC said Php2.9 billion of..
EDC 2020 income down 6.6%

EDC 2020 income down 6.6%

Lopez-led Energy Development Corporation (EDC) posted a 6.6% drop in earnings to Php11.5 billion in 2020 due to lower generation and spot market prices.  In..