Business

06 February 2023

• Stock-Market Outlook

  Last week

• Vista Land issues ₧2.9-B notes to refinance debts

  Vista Land and Lifescapes Inc., the property development arm of the Villar Group, said it has further raised P2.9 billion from the issuance of corporate notes.

• 4 firms keen on participating in Meralco auction for electricity requirement–exec

  Four firms have expressed interest to participate in the competitive selection process (CSP) for the 180MW baseload and 300MW peaking requirements of the Manila Electric Co. (Meralco).

• Local firm ties up with 4 foreign entities to pilot electric nano grid for isolated PHL locations

  A CONSORTIUM of four foreign firms and one local firm will introduce a new electrification model designed for geographically isolated and disadvantaged areas (GIDAS).  

• Pag-IBIG Members save record-high P79.9B in 2022, up 25%; MP2 Savings reach nearly P40B, up 53%

  Pag-IBIG Fund members collectively saved nearly P80 billion in 2022, setting yet another record for the highest amount saved by members with the agency in a single year, its top officials said.