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Amidst the flurry of unfolding events in the political front, the news about arrastre industrialist and casino magnate Enrique K. Razon’s (EKR) acquisition of the controlling interest of Dennis Uy in Malampaya gasfield is a breath of positive development. The market was not altogether surprised w

Prime Infra to acquire Malampaya gas project off Philippines

SPNEC s P2 7-B IPO is oversubscribed

The P2.7 billion initial public offering (IPO) of Solar Philippines Nueva Ecija Corporation (SPNEC), developer of what is touted as Southeast Asia’s largest solar project, is almost two times oversubscribed ahead of its listing on December 17, 2021. “SPNEC’s IPO was oversubscribed, receiving P5.3 b

ICTSI gives 300K doses of vaccines | Lorenz S Marasigan

International Container Terminal Services Inc. (ICTSI) and Bloomberry Resorts Corp. on Monday said they have assisted in the administration of 300,000 doses of Moderna vaccines since it opened the vaccination sites in Solaire and Nayong Filipino earlier in the year. Combined the two vaccination centers administer close to 1,600 doses…

ICTSI s social investments hit P1 5 billion | Lorenz S Marasigan

The group of companies led by billionaire Enrique K. Razon has so far provided P1.5 billion in “social investments” to the Philippines, aiding the government in implementing economic recovery initiatives. In a statement, International Container Terminal Services Inc. (ICTSI) EVP Christian R. Gonzales said the amount was spent on the…

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