News & Features

January 10, 2018

As published on BusinessWorld

THE Philippine Stock Exchange (PSE) found 60 securities to be compliant with the principles of Islamic finance as of the end December 2017, it said in a quarterly review posted on Tuesday.

The review period ending December saw three firms enter the list against the quarter prior, where the PSE tallied a total of 61 Shariah-comp...

September 21, 2017

As published on BusinessWorld

MRC ALLIED, Inc. is acquiring a 15% stake in the 50-megawatt (MW) Sulu Electric Power and Light Philippines, Inc. (Sepalco) solar power plant project in Palo, Leyte, further boosting its diversification into the energy sector. 

The listed firm signed a memorandum of understanding to buy a minority stake in the solar power proje...

August 7, 2017

As published on BusinessWorldOnline

MRC ALLIED, Inc. is ramping up its diversification into the energy sector as it plans to venture into the liquified natural gas (LNG) business in 2018.

“Next year we want to go into LNG,” MRC President and Chief Executive Officer Gladys N. Nalda told reporters last Thursday, adding the company has the infrastructure and f...

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