The Economic Journalists Association of the Philippines (EJAP), in partnership with San Miguel Corp. (SMC), is hosting the first aviation forum. The EJAP-SMC Aviation Forum will be held on Monday, Sept. 9 at the Makati Diamond Residences. The forum precedes the management transfer of...
BAGUIO CITY – San Miguel Corp. on Tuesday, September 3, turned over a donation of 140 chairs, five teacher’s tables, and 242 gallons of paint to the Department of Education-Schools Division Office here. SAN Miguel Corp. special projects manager Micaela Rosales (fourth from left) and Mayor...
The International Finance Corp. (IFC) is ramping-up investments in non-bank lenders in the Philippines, in line with its push to support more small businesses and boost financial inclusion. The IFC disclosed on Aug. 28 that its board will approve on Sept. 27 a loan investment in Asialink...
The Energy Regulatory Commission (ERC) has slapped system operator National Grid Corporation of the Philippines (NGCP) with P3.5 million worth of penalties for at least 10 transmission projects that it failed to deliver on targeted commercial operations date. A statement from the regulatory body...
State-run Maharlika Investment Corp. (MIC) admitted that it is encountering difficulties in complying with the Governance Commission for government-owned and controlled corporations (GCG). Rafael D. Consing Jr., MIC president and chief executive officer, disclosed that the oversight body for...
The price offers from the coal plants of San Miguel Corporation and Aboitiz Power Corporation have been declared as best ‘lowest bids’ and prospective winners in the 600-megawatt supply procurement of power utility giant Manila Electric Company. The lowest acceptable price tenders in the...
With additional revenues to be drawn from geothermal assets that are coming on commercial stream, Lopez-led First Gen Corporation is expecting overall profit boost this year, according to a top executive of the company. First President and COO Francis Giles B. Puno indicated that at least 83...
While many Philippine corporates are just riding the green energy wave with empty rhetoric and some have been merely using "net zero pledges" as superficial propaganda tool in their business playbook, the genuinely serious ones are promising to re-assess commitments with concrete baselines and...
As the aviation industry stands on the brink of a major transformation, stakeholders are emphasizing the need to adapt to advances in artificial intelligence (AI) and digitalization. With major investments and modernization projects underway, the future of air travel in the Philippines looks...
AyalaLand Logistics Holdings Corp. (ALLHC), a unit of property giant Ayala Land Inc., is expanding its cold storage capacity with the start of construction of ALogis Artico Consolacion in Cebu. Strategically located to meet the increasing demand for temperature-controlled facilities in the...
State-run Philippine Deposit Insurance Corp. (PDIC) is set to auction off some remaining assets from closed banks next month. In a statement, PDIC said the government’s deposit insurer plans to hold an electronic public bidding (e-bidding) on Sept. 25 and 26, 2024. The auction will consist...
State-owned Clark International Airport Corp. (CIAC) said the planned national food hub in Pampanga would position the Philippines as a leading agribusiness and logistics center in the Asia Pacific. In a statement, Arrey Perez, CIAC president and chief executive officer, said the proposed...
