Renewable energy developer Citicore Power Inc. (Citicore) has started an agro-solar initiative in its Tarlac facility, a move that aims to promote food production within the company’s solar farms. In a recent plant tour and harvest festival sponsored by Citicore at its Tarlac 2 solar farm, the...
D&L Industries, the country’s largest specialty foods ingredients, plastics and oleochemicals firm, has declared cash dividends amounting to P1.36 billion as it sustains its growth trajectory despite the reimposition of tighter quarantine measures. D&L Industries President Alvin D. Lao...
The Department of Environment and Natural Resources (DENR) was urged to reject the P12-billion seabed quarrying project in Manila Bay being proposed by a company called Silverquest Mining Resources Inc. (SMRI). The call was made by the national fishers’ group Pambansang Lakas ng Kilusang...
The Ayala Group has formally ceded control over Manila Water Company to Enrique K. Razon Jr. following an agreement wherein the tycoon bought a 24.96 percent stake but was given voting power for 51 percent of the utility. Enrique K. Razon Jr. In a disclosure, Manila Water advised the Philippine...
Investors in the local stock market will be closely watching the COVID numbers after the easing of quarantine measures in the nation’s capital while also waiting for the release of employment this week. “Next week, the local market may decline if our country’s COVID-19 situation further...
Globe Telecom Inc. has to date activated its Voice Over Long Term Evolution (VoLTE) service in at least 25 provinces nationwide. Globe-Telecom_CNNPH (3) Now, more postpaid customers can access the service to improve their voice call experience. The VoLTE service is available in Bataan, Batangas,...
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) is still clarifying with the government panel that revised concession agreements between MWSS and water concessionaires if the foreign currency differential adjustments (FCDA) can still be implemented for the third quarter...
Marcventures Mining and Development Corporation (MMDC), a subsidiary of listed nickel miner Marcventures Holdings Inc. (MHI), is targeting to ship 2.035 million wet metric tons (WMT) of nickel ore this year, higher than the 1.732 million WMT it shipped in 2020. In a statement, MMDC said that for...
SM Investments Corporation (SMIC) has taken control over 2Go Group Inc. with the completion of the divestment of Dennis A. Uy from the company in favor the Sy family’s investment arm and Singapore private equity fund Archipelago Capital Partners Pte. Ltd. In a disclosure to the Philippine Stock...
The Villar Group of Companies has launched the country’s first and the biggest virtual property expo, The ViCon--short for Villar Group Convention. Villar Group Chairman Manuel B. Villar Jr.ja The expo will gather the country’s largest real estate brands in one giant virtual property conference...
What normally is a gala dinner held in plush places like the front lawn of the Beaux-Arts mansion Nelly Garden in Iloilo City turns into a benefit kitchen for 1,200 frontliners in answer to the call of the times Photos by Ray Tabafunda and Kevin de Asis ILONGGO CHARITY Chef Tibong adjusts the...