The coffers of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be shored up by as much as $526 million by the end of this year, with the anticipated payment of Fresh River Lakes Corporation on its acquisition of the 165-megawatt Casecnan hydroelectric power plant...
Lopez-led First Gen Corporation is lining up massive investments of $20 billion, approximately equivalent to P1.123 trillion, until year 2030 to sustain its market share of 20 percent in terms of kilowatt-hour production to serve the growing electricity needs of Filipinos. The seven-year humongous...
Fresh River Lakes Corp, a subsidiary of First Gen Corporation of the Lopez group, submitted a winning bid that dwarfed other offers for the165-megawatt Casecnan hydropower facility, the first power asset privatized under the Marcos administration. According to sources privy to the outcome of the...
The Energy Regulatory Commission (ERC) will be prioritizing the approval of contracts on the ancillary services (AS) procurements of system operator National Grid Corporation of the Philippines (NGCP) to help address the imbalances and technical stresses being experienced in the country’s power...
Export-oriented locators inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas are hiring over a thousand additional workers. The Lopez-led FPIP posted the employment opportunities during the “Sulong Buhay Job Fair” that FPIP held...
Dyson, the global technology company, announced to build new campuses for its R&D facility worth P11-billion R&D investments and expand its current operations in the Philippines, bringing together Dyson’s research, development and advanced motor manufacturing capabilities under one roof,...
Sports icons Manny Pacquiao and Yao Ming took part in the sports day First Lady Liza Araneta-Marcos hosted for the youth in Malacañang on Saturday, April 29. *SPORTS DAY -- First Lady Liza Araneta Marcos takes a selfie with the kids who joined the sports day she hosted in Malacañang on April...
COTABATO CITY (PNA) – The State-run Sultan Kudarat State University (SKSU) conferred on Thursday, April 27, an honorary Doctor of Philosophy in Institutional Development and Management-Honoris Causa on First Lady Liza Araneta-Marcos for her valuable contribution to the country and the SKSU...
The Lopez group of companies will now bid sorrowful goodbye to their ‘North Star’ – Chairman Emeritus of First Philippine Holdings Corporation (FPH) Oscar M. Lopez or OML who passed away at the age of 93 on April 22 (Saturday). In a statement to the media, the Lopez-led conglomerate emphasized...
Oscar Moreno Lopez, the patriarch of the conglomerate under First Philippine Holdings Corporation (FPHC) of the Lopez group that have businesses in energy through First Gen; real estate via Rockwell and the First Philippine Industrial Park; as well as media giant ABS-CBN, has passed away at the age...
President Ferdinand "Bongbong" Marcos Jr. has professed his love for his wife, First Lady Liza Araneta-Marcos, as the couple marked their 30th wedding anniversary on Monday, April 17. (https://images.mb.com.ph/production/mb-mkt-neo-prod-1-uploads/BBM_LAM_98bc2cd5b9/BBM_LAM_98bc2cd5b9.jfif)...
SMC Global Power Holdings Corporation of the San Miguel group officially leads the Philippines’ debut into the "LNG importers club of the world" following the arrival of its first LNG shipment at one of the country’s major ports. The Department of Energy (DOE) affirmed the arrival of the first...
