EnricodelaCruz
Stories by EnricodelaCruz
Nickel Asia to open two more Philippine mines, eyes power unit IPO
Nickel Asia is set to conduct due diligence covering two potential nickel mining sites
Philippine tycoon to build world’s largest solar power facility
The Southeast Asian country has made a big push for renewable energy projects
Philippine firm MREIT prices $307m IPO at low end of guidance
MREIT is a subsidiary of Megaworld Corp, the Philippines' biggest office landlord.
Philippines’ SEC okays Megaworld, Robinsons REIT offerings
The Philippine Stock Exchange has lost nearly 8% so far this year.
Philippines’ AC Energy seeks to raise $624m from share sale this year
The fundraising also includes a private placement deal with Arran Investment, an affiliate of GIC.
Shell looking to sell stake in Philippines’ Malampaya gas project
Shell is looking to slash up to 40% off the cost of producing oil and gas in a major drive to save cash.
Wirecard’s missing money didn’t enter Philippine financial system, central bank says
The search for the missing cash hit a dead end in the Philippines.
Philippines’ Udenna buying Chevron’s stake in Malampaya gas project
Udenna disclosed the deal a day after PXP Energy said it had expressed interest to the stake in the project.
PH-based miner Philex Mining seeks strategic partners for $1.1b project
Philex is looking at 60% to 40% equity-sharing arrangement.
Philippines’ Ayala looks to sell 50% stake in coal unit, shift to renewables
AC Energy's assets are 80% thermal and 20% renewable, with a total value of 135 billion pesos ($2.6 billion), according to a recent CLSA report.