The Department of Energy (DOE) expects the corporate life extension of the Power Sector Assets and Liabilities Management Corp. (PSALM) to facilitate the rehabilitation of the Agus-Pulangi plants in Mindanao. During an ambush interview, Energy Secretary Raphael P.M. Lotilla highlighted that PSALM...
President Marcos welcomed Mitsubishi Motors Corp.'s (MMC) P7-billion investment plan in the Philippines in the next five years, saying this will create more jobs for Filipinos. PARTNERSHIP — President Ferdinand 'Bongbong' Marcos Jr. welcomes Mitsubishi Motors Corp. President and CEO Kato...
23rd Mitsubishi Skills Olympics overall champion, Carworld, Inc. Mitsubishi Motors Philippines Corporation (MMPC) continues its commitment to the professional growth of its dealership network with its 23rd Mitsubishi Skills Olympics (MSO) last January 11, 2025 at MMPC Training Center in Sta. Rosa,...
DigiPlus celebrates a triple triumph at the 60 th Anvil Awards, showcasing honors in rebranding, integrated reporting, and community empowerment. DigiPlus Interactive, the company behind leading digital entertainment platforms BingoPlus, ArenaPlus, and GameZone, secured three honors at the...
State-run Power Sector Assets and Liabilities Management Corporation (PSALM) has formally notified qualified bidders this week that it canceled the independent power producer administrator (IPPA) privatization mode for the 796-megawatt Caliraya-Botocan-Kalayaan (CBK) hydropower complex in Laguna....
Tanco-led online gaming firm DigiPlus Interactive Corporation is looking for an industrial partner for its entry into the Brazilian market by the last quarter of this year. In an interview, DigiPlus Chairman Eusebio Tanco said they have already tapped a Brazilian bank to help search for an...
The Philippine Amusement and Gaming Corp. (Pagcor) is closing two Casino Filipino branches in Talisay, Cebu, and Tagum, Davao del Norte, due to financial losses, as part of its ongoing rationalization plan. Pagcor Chairman and Chief Executive Officer Alejandro Tengco said in a statement that both...
SteelAsia Manufacturing Corp. said it has solidified its position as a leading global steel supplier with the shipment of the Philippines' largest steel export to date. In a statement, Benjamin Yao, SteelAsia chairman and chief executive officer, said that the company has shipped 32,000 metric tons...
Senator Loren Legarda has filed a bill seeking to recognize and reward the loyalty of long-term PhilHealth contributors. In filing Senate Bill (SB) No.2964, Legarda aims to address long-standing grievances about inequities in the national health insurance system. Legarda's proposed measure...
The onset of economic reforms and foreign investment in the 1980s spurred commercial and residential property development in the country, marked by increased competition and diversification of the property sector. Single-use property developments have evolved to mix-use properties since the 1990s...
2024 proved to a be a one for the books for Isuzu Philippines Corporation (IPC) as the company marked several milestones during the year. With the close of 2024, Isuzu maintains it position as the No. 1 truck brand in the Philippines for 25 consecutive years. In the past year, IPC sold a total of...
Sustained robust performance of the electronic games sector drove the Philippine Amusement and Gaming Corporation’s (Pagcor) net income by more than double its earnings in 2023. Pagcor announced on Thursday, Jan. 30, that its net income more than doubled (146 percent) from P6.81 billion in...
