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...
Backed by years of experience in supplying handicrafts in the hotel industry, Kea International owner Eloisa Bautista-Flores understood what needed to be done to supply products to SM Hotels. It is to showcase the excellence of their handicrafts. She shares, “Being one of SM’s suppliers...
State-run National Power Corporation (NPC) and its foreign development-partners have gained traction on rural solar photovoltaic (PV) installations that are set to benefit at least four electric cooperatives (EC) in Visayas and Mindanao grids. Via the Access to Sustainable Energy Programme (ASEP)...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) is preparing the terms for the auction next year of the propounded 25-year concession deal for the rehabilitation of the 932-megawatt Agus-Pulangui hydropower assets in Mindanao. According to PSALM President Dennis Edward A....
State-owned Philippine Guarantee Corp. (Philguarantee) has teamed up with the Center for Agriculture and Rural Development (CARD) Inc. to provide support to the local farming sector. Alberto Pascual, Philguarantee president and chief executive officer, announced the signing of a guarantee agreement...
The development of the country’s power grid network is still saddled with as much as P346.1 billion worth of unsettled right-of-way (ROW) claims, according to a top executive of the National Transmission Corporation (TransCo), the owner of the country’s power transmission assets. TransCo OIC...
Images by Juan Carlo de Vela HUNGRY FOR LECHON? The Cebu Lechon Festival highlights Cebu's culinary pride When you hear about Cebu, it’s hard not to think about one of its iconic dishes—lechon. Generations have come to enjoy the pork dish for its crispy skin, tender meat, and rich...
Jerry Nayoos, the vice president of the Poitan Farmers and Irrigators Association, deepens his ties to the earth, as well as his local community, with the help of the PUNLA project. In the heart of Poitan, Banaue and Hungduan in Ifugao, a group of farmers are pioneering an endeavor that has...
Davao tycoon Dennis A. Uy’s telecommunications unit Dito CME Holdings Corporation has revealed that the identities of the two buyers of its P2.2 billion shares are two firms that have been recently registered in Singapore. In a disclosure to the Philippine Stock Exchange, the buyer of P610...
LUCENA CITY, Quezon – Quezon Provincial Board Member Ferdinand “Bong” Talabong is planning to file a class suit against a private water company for alleged lack of proper water supply services here and Tayabas City and Pagbilao town in this province. Talabong, in a privilege speech on...
