MANILA, Philippines — A subsidiary of Yuchengco-led PetroEnergy Resources Corp. has activated the 360-kilowatt-peak solar rooftop power project at the Mapúa Malayan Colleges Mindanao (MMCM) in Davao City. This followed the agreement signed by PetroGreen Energy Corp. (PGEC) and MMCM in February for the installation of 600 units of 600-watt-peak solar panels in the schools’…

Mapúa Malayan Colleges Mindanao (MMCM) executive vice president and chief operating officer Alejandro Ballado Jr. (left), MMCM president Dr. Dodjie Maestrecampo (second from left), PetroGreen Energy Corp. president and CEO Francisco Delfin Jr. (third from left) and contractor Equinox president and owner Dexon So lead the formal switch-on of the 360-kilowattpeak solar rooftop power project…

This was an increase from the P147.49 billion recorded as of March 2023, RCBC Trust Corp. said in a statement. THE TRUST arm of Rizal Commercial Banking Corp. (RCBC) recorded P161 billion in assets under management (AUMs) as of February amid strong client growth, it said on Tuesday. The company’s market share among electronic money…

Complacency, an old adage goes, is one of life’s biggest tragedies. As American rights leader Benjamin Mays said, success breeds complacency and complacency breeds failure. We’ve seen this happen in both politics and business, but especially in business. The Kodak story, for instance, is one such cautionary tale. Some 11 years ago today, Kodak filed…

Source: https://business.inquirer.net/ MANILA —A unit of Yuchengco-led House of Investments (HI) bought from Rizal Commercial Banking Corp. a P2.7-billion property in Tarlac, which it intends to develop in the future. The listed holding firm said its subsidiary, real estate developer Tarlac Terra Ventures Inc., purchased a 184-hectare (ha) property at Central Techno Park in Luisita…

RCBC Plaza has recently included the Embassy of Ireland among its roster of clients, making it the eighth diplomatic mission housed in the iconic business complex. This is the first permanent chancery that Ireland has established in the Philippines and is expected to be instrumental in strengthening the nation’s political and economic ties. The opening…

MANILA -A unit of Yuchengco-led PetroGreen Energy Corp. will supply Shell Energy Philippines Inc. (SEPH) with renewable energy coming from its solar power plant in Tarlac City. Under the power supply agreement signed last Sept. 20, PetroSolar Corp., a subsidiary of PetroGreen, will source clean energy from its 20-megawatt (MW) Tarlac-2 solar plant located in…

MAPÚA University targets to double its enrollment count in the coming years in line with the 10-year development plan of Ayala-Yuchengco-led iPeople, Inc., its top official said on Thursday. “Our target is to continually increase [the number of enrollments],” Mapúa President and Chief Executive Officer Dodjie S. Maestrecampo said in a media briefing. “I think…

MANILA, Philippines — Mapúa University has announced the appointment of longtime administrator and chemical engineer Dodjie Maestrecampo as its new president and chief executive officer. Maestrecampo succeeded Reynaldo Vea, who capped his 23-year tenure as head of the university last June. Prior to his new appointment, Maestrecampo was president of Mapúa Malayan Colleges in Laguna…

THE BOARD of directors of Yuchengco-led House of Investments, Inc. has approved the sale of 14.346% of EEI Corp.’s common shares to Industry Holdings and Development Corp. (IHDC). “IHDC’s entry as a strategic partner is deemed beneficial to EEI’s growth plans and restructuring efforts,” the listed holding firm said in a regulatory filing on Monday.…

EEI Corp. has appointed Lorenzo V. Tan chairman of the listed construction and engineering services company, replacing Helen Y. Dee who stepped down for personal reasons. In a stock market filing, the company said it had voted to appoint Mr. Tan, who is also president and chief executive officer of House of Investments, Inc., on…