AYALA-LED AC Energy Corp. has infused P4.5 billion in its subsidiary Santa Cruz Solar Energy, Inc., which operates a 60-megawatt (MW) solar farm in Zambales, according to a regulatory filing on Wednesday. AC Energy disclosed that its board of directors had recently greenlit the investment. Three months ago, the company said that it had granted authority to share its credit ...

BW FILE PHOTO THE PESO weakened against the greenback on Wednesday on risk-off sentiment amid losses in the local stock market and the fresh surge in coronavirus cases here and abroad. The local unit closed at P48.45 per dollar on Wednesday, depreciating by 13 centavos from its P48.32 finish on Tuesday, data from the Bankers Association of the Philippines showed. ...

BW FILE PHOTO STOCKS declined on Wednesday as the coronavirus disease 2019 (COVID-19) situation here and abroad continued to affect market sentiment. The Philippine Stock Exchange index (PSEi) went down by 61.03 points or 0.93% to close at 6,439.39 on Wednesday, while the all shares index declined by 24.49 points or 0.61% to end at 3,964.34. "The PSEi swung back ...

THE UNITED States has asked its citizens to avoid traveling to the Philippines, where there has been a surge in coronavirus infections since March. "Do not travel to the Philippines due to COVID-19," the US Department of State said in an advisory posted on its website. "Additionally, exercise increased caution due to crime, terrorism, civil unrest and kidnapping." The agency ...

PRESIDENT Rodrigo R. Duterte has ordered the country's drug regulator to lead the government's campaign against the illegal sale of the veterinary drug ivermectin, which is being repackaged in the Philippines as a treatment against the coronavirus. The Food and Drug Administration (FDA) has been directed "to take the lead in determining the course of action against the illegal trading/dispensing ...

BLOOMBERG PRIME Minister (PM) of Japan Yoshihide Suga has canceled his planned visit to India and the Philippines amid a fresh surge in coronavirus infections in many parts of the world including Japan and the two countries. Mr. Suga canceled the trips due to a resurgence of coronavirus cases in Japan, which has considered imposing a fresh state of emergency ...

A SENATOR on Wednesday called on the Bureau of Fisheries and Aquatic Resources (BFAR) to probe overfishing by Chinese vessels in the South China Sea after concerns over declining fish catch in Zambales province. In a statement, Senator Risa N. Hontiveros-Baraquel said the agency should find out how much local fisherfolk are losing because of China's activities in the disputed ...

Residents of Quezon City in line for a coronavirus jab manually fill up information sheets in this March 31 photo. -- PHILSTAR/MICHAEL VARCAS THE DEPARTMENT of Information and Communications Technology (DICT) on Wednesday said it targets to rollout the government's vaccine management system nationwide within this quarter (Q2). The department is aiming to have the Vaccine Information and Management System ...

PHILSTAR THE PAGE behind the recent tagging of Facebook users in malicious videos that led to downloading malwares has been removed and its administrators have been sanctioned, the Department of Justice-Office of Cybercrime (DoJ-OOC) announced on Wednesday. The cybercrime office said it has received confirmation from Facebook's Asia-Pacific legal team that the page associated with the malicious tagging has been ...

WWW.FACEBOOK.COM/GRECOBELGICAFANPAGETHE country's red tape and corruption watchdogs on Wednesday signed a deal to work jointly on investigations. The Anti-Red Tape Authority (ARTA) and the Presidential Anti-Corruption Commission (PACC) on Wednesday signed a memorandum of agreement to align their work on corruption-related complaints sent to either agency. "We will be able to share investigations and valuable information that is allowed by ...

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