Top Line Hi Tech and Synergy Corp. has partnered with the Provincial Government of Aklan to implement a smart port system at Boracay's Caticlan and Cagban ports to enhance the ticketing process and improve port management. In a statement, Eugene Erik Lim, Topline Hi Tech president and chief...
MB NEWSMAKERS Top row, from left: Mylo Speech Buddy Founder Vincent Rocha, President of Bingo Plus Rafael Jasper Vicencio, President & CEO of HSBC Philippines Sandeep Uppal, Dr. Victor Erwin Jocson, Head of Star Magic PR (representing Bini) Thess Gubi, Co-Chairperson of Kawayan Collective...
San Miguel Corporation (SMC) President and Chief Executive Officer Ramon S. Ang has issued a public warning about a deepfake video that falsely depicts him endorsing an investment opportunity. Ang on Monday, Feb. 17, took to Facebook to denounce the fraudulent video, explaining that scammers used...
Tanco-led online gaming firm DigiPlus Interactive Corporation is allotting ₱2.5 billion to ₱3 billion for capital expenditures for the expansion of its business in the Philippines as well as its new venture to Brazil this year. According to DigiPlus Vice President for Investor Relations...
To help address power strains and bring in new power transmission, the Energy Regulatory Commission (ERC) has approved four capital expenditure (capex) projects of the National Grid Corporation of the Philippines (NGCP). According to the ERC on Feb. 12, NGCP received a green light for three...
By Renee Vivienne Alapit The Philippines’ digital entertainment scene is still developing, with new platforms changing how Filipinos enjoy entertainment and leisure. A company that has solidified its position at the front of this change is DigiPlus Interactive Corp. They are honored not just for...
AyalaLand Logistics Holdings Corp. (ALLHC), an Ayala Land, Inc. (ALI) subsidiary, aims to augment its growth this year by increasing its industrial park footprint with expansions for existing Technoparks. In a disclosure to the Philippine Stock Exchange, the firm said it also expects the...
The National Grid Corporation of the Philippines (NGCP) announced that transmission rates in consumers’ electricity bills increased due to high ancillary service (AS) charges in February. In a briefing on Wednesday, Feb. 12, Julius Datingaling, head of the revenue management department, said...
State-run Clark International Airport Corp. (CIAC) is expected to unveil the country’s highest air traffic control (ATC) tower in the Philippines by the second quarter of the year. CIAC, which oversees prime government land surrounding the Clark International Airport, envisions the 18-story tower...
Saavedra-led Citicore Energy REIT Corporation (CREIT), the country’s first renewable energy (RE) real estate investment trust, has been assigned a strong Issuer Credit Rating of PRS Aa plus (corp.), with a Stable Outlook by Philippine Rating Services Corporation. An Issuer Credit Rating is an...
State-owned Maharlika Investment Corporation (MIC) has inked an agreement with Thailand’s Charoen Pokphand Group Co., Ltd. (CP Group), aiming to raise up to $1 billion or about ₱58.03 billion. Under the memorandum of understanding (MOU) signed on Saturday, Feb. 8, the MIC and CP Group...
Yuchengco-led PetroGreen Energy Corporation's (PGEC) Limbauan Solar Power Project (LSPP) in Isabela province has received transmission connection approval from the National Grid Corporation of the Philippines (NGCP). In a statement on Monday, Feb. 10, PGEC said LSPP's phase two received the green...
