Lima Land Inc. will develop over 100 hectares of its existing 700-hectare property in the next two years to accommodate more industrial locators for its Lima Estate where new locators are expected to generate 20,000 jobs in Batangas and neighboring provinces. In a statement, Lima Land of the...
Manila Water Company (MWC) reported that its consortium with French water distributor Saur Group and Saudi’s Miahona Company has inked a Management, Operations and Maintenance Contract with Saudi Arabia’s state-run water agency, National Water Company. In a disclosure to the Philippine Stock...
Japanese firm Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has cornered the contract for the upgrade of the 458-megawatt Makiling-Banahaw geothermal power facility that is owned and operated by AP Renewables Inc. (APRI) of the Aboitiz group. Under the deal, Mitsubishi...
With the Department of Energy’s (DOE) moratorium on coal-fired power projects, there’s no doubt that the Philippine energy sector will be in for dramatic shifts and existential twists – not just in technology deployments but in the overall goal of greening the power mix. The emerging story of...
A tripartite agreement was signed today for the private sector donation to the government of 3-million dosage of COVID-19 vaccine, estimated to cost P700 million. The agreement “Angat Lahat: A Dose of Hope” was signed today by Presidential Adviser for Entrepreneurship and Nego Negosyo...
BTS including Suga at their AMAs performance (Twitter/AMAs) K-pop powerhouse BTS won two awards at the 2020 American Music Awards (AMAs) held at the Microsoft Theater in Los Angeles on Nov. 22 (Nov. 23 in the Philippines). BTS bagged the Favorite Social Artist award, beating EXO, NCT 127, Billie...
The Macquarie Group Foundation has joined the Australian government initiative to fund women led and owned small and medium enterprises in Southeast Asian region with investments of more than P43 million (or AUD 1.25 million). The Investing in Women RISE Fund-Responsive Interventions Supporting...
Energy Secretary Alfonso G. Cusi defended the seemingly ‘negligible’ $50 million capital requirement for foreign firms entering the Philippine geothermal sector saying the figure was the scale determined by the government for prospective investment areas on offer....
Photo from Bren Esport Facebook page MPL-Philippines Season 6 champion Bren Epro/Esports seeks to win another crown as it begins its title-retention campaign in The Nationals Season 2 Mobile Legends: Bang Bang conference on Saturday. Bren takes on the Happy Feet Emperors side bannered by Cong...
LT Group, Inc. reported a 9.0 percent growth in attributable net income for the first nine months of 2020 to P16.10 billion from the P14.72 billion reported for the same period last year. In a disclosure to the Philippine Stock Exchange, Philippine National Bank (PNB) contributed P2.24...
Alliance Global Group, Inc. (AGI), the holding company of tycoon Andrew Tan, reported a 55 percent drop in attributable net income to P5.8 billion in the first nine months of 2020 from P12.8-billion in the same period last year. In a disclosure to the Philippine Stock Exchange the firm said...
Global Ferronickel Holdings, Inc. (FNI), through its operating arm in Surigao del Norte Platinum Group Metals Corporation (PGMC), committed to ship as much as 1.3 million wet metric tons (WMT) of nickel ore to Baosteel Resources International Co. Ltd next year. In a regulatory filing to the...
