Philippine Dealing System Holdings Corp. (PDS Group) has sealed a partnership with Asia’s leading Environmental, Social, and Governance (ESG) data and technology solutions company, STACS. The partnership will allow the PDS Group to utilize STACS’s ESGpedia platform to support corporate...
The Commission on Audit (COA) has granted the petition for money claim filed by Southern Philippines Power Corporation (SPPC) against the National Power Corporation (NPC) and the Power Sector Assets and Liabilities Management Corporation (PSALM) for the payment of contractual obligations under the...
The Philippine Amusement and Gaming Corp. (Pagcor) has warned the public about the emergence of unlicensed offshore gaming in the country that has the potential to jeopardize one's personal and financial information. In a statement, the government's gaming regulator and operator announced the...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
Ayala-led ACEN Corporation has committed tripling of investments in the Australian energy market to AU$6 billion until 2026; and that primarily gained recognition from visiting Australian Prime Minister Anthony Albanese. The Australian leader’s acknowledgment of the core ventures of the Ayala...
ILIGAN CITY – A National Grid Corp. of the Philippines (NGCP) tower in Barangay Paiton, Kauswagan, Lanao del Norte was bombed before dawn on Thursday, September 8. A police officer was killed when a bomb component went off during clearing operation. TOWER No. 14 of the Baloi-Aurora 138-KV line...
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
More than 7.0 million customers of Manila Electric Company (Meralco) will experience squeeze in their household budgets as the electricity tariff of the power utility will rise by P0.5006 per kilowatt hour (kWh) in its September billing cycle. The rate hike will drive up Meralco’s overall...
Universal Robina Corp. (URC), the food and beverage unit of the Gokongwei Group, has been named as one of the Philippines’ best-managed companies in a survey of hundreds of investors, brokers and analysts across Southeast Asia. The company was cited for its “strongest adherence to corporate...
Philippine Amusement and Gaming Corp. (Pagcor) Chairman Alejandro H. Tengco denied any involvement in the reported disappearance of a P75 million performance bond from an e-sabong firm, stating that it occurred before his time in office. According to Pagcor, the alleged disappearance of the funds...
Metro Pacific Investments Corporation (MPIC) is tapping its new partner Hartasuma Sdn Bhd of Malaysia not just as supplier for its railway project but also to jointly explore the viability of other modes of transportation, such as cable car and monorail systems. In a media briefing after the formal...
Philippine companies that are eyeing to invest in small modular reactors (SMRs) are eyeing inclusion in the targeted negotiation for a trade agreement with the United States for planned nuclear technology installations in the country. According to Aboitiz Power Corporation President and CEO...
