TGIF is not something that electricity consumers in the Luzon grid can happily look forward to, as they will have to close the week agonizing over new threats of rotational blackouts with Luzon grid being placed on ‘red alert’ for the third time this week. On Friday morning, system operator...
The National Grid Corporation of the Philippines (NGCP) and MORE Electric and Power Corp. (MORE Power) have scheduled power interruptions in some areas in Iloilo from April 20 to 21. MORE Power stated that there will be a cleaning of the 69 kilovolt (kV) sub-transmission line 5 and post-insulator...
The Maharlika Investment Corp. (MIC) unveiled its new company logo that aims to symbolize dedication to building a prosperous future for the Philippines. Inspired by the majestic Philippine Eagle, the state-run firm governing the Maharlika Investment Fund (MIF) said the logo embodies strength and...
The "prince of darkness" is taking back the crippling journey to Luzon, as the country’s major power grid has been placed on "red alert" for the second time this week – entailing that consumers must prepare for the strike of probable rotational brownouts. System operator National Grid...
Isuzu Philippines Corporation (IPC) has renewed its partnership for the 2024 Philippine Rallycross Series as part of its commitment to the motorsport community in the country. Robert Carlos, IPC assistant division head for sales, announced Monday, April 15 that the partnership, which began in...
Flourishing solar power developer giant Citicore Renewable Energy Corporation (CREC) has secured P9.0 billion worth of loans from Yuchengco-led Rizal Commercial Banking Corp (RCBC) with an option to increase it to P20 billion; and that will be funneled mainly for the commercial development of its...
From Left: Atty. Bobby G. Fondevilla, Concurrent-Executive Director, Management Services, Philippine Board of Investments; Hon. Ruth Mariano-Hernandez, District Representative, 2nd District of Laguna; Hon. Ramil L. Hernandez, Governor, Province of Laguna; Nathalie Baladad, Section Head, IPC...
Senator Lito Lapid has reiterated that using renewable energy (RE) sources can help address the brownouts being experienced in Negros Occidental, Panay Island, and other areas in the country. Lapid said the country must improve usage of RE sources such as solar, wind, and hydropower. Using...
The Philippines is eyeing to firm up collaboration and prospective private sector partnerships with the United States for targeted deployment of next-generation geothermal technologies in the country. According to Energy Secretary Raphael P. M. Lotilla, the Philippines will “identify advances...
The government recorded a rise in revenue stemming from the operations of the Philippine Amusement and Gaming Corp. (Pagcor), surpassing the levels seen prior to the pandemic-induced lockdowns. Data from the Bureau of the Treasury indicated that the government's gaming regulator and operator...
DigiPlus Interactive Corporation (DigiPlus), one of the fastest-growing digital entertainment companies in the Philippines, continues to expand both its onsite and online gaming business, as well as possibility of exploring overseas markets in the future. The firm said that it is eyeing more...
Security Bank Corporation and Mitsubishi Motors Corporation have formed a joint venture firm Mitsubishi Motors Finance Philippines Inc. to offer financing services to Mitsubishi customers amid a rapidly expanding domestic car market. In a disclosure to the Philippine Stock Exchange (PSE),...
