Anchoring it on the ‘right to match’ provision of the joint operating agreement (JOA) under Service Contract (SC) 38, Energy Secretary Alfonso G. Cusi indicated that Udenna Corporation of businessman Dennis Uy may likely have an edge in acquiring the 45-percent stake being unloaded by Shell...
San Miguel Corporation, in partnership with the Technical Education Skills and Development Authority (TESDA),is expanding its skills training program for Taliptip residents to include more all residents of Bulacan. In a statement, SMC said the pilot batch of former Taliptip residents...
Concert King Martin Nievera, who owns one of the most beautiful voices in the local music scene, is not showing signs of slowing down - at least in his career. For Martin, there's still so much to be done in his career as a singer and he has big dreams. "I haven't peaked yet. I want to be a...
The local stock market chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million...
As many as 496 employees at the Didipio gold and copper mine have lost their jobs during the first round of permanent layoff conducted by Australian-Canadian miner OceanaGold Corporation (OceanaGold). Along with the termination of direct employees, approximately 400 people working with...
The local stock market ended flat yesterday as investors remain cautious amid lack of fresh news. The Philippine Stock Exchange index (PSEi) eked out a gain of 2.07 points, or 0.03 percent, to settle at 5,925.30 with only the Holding Firms and Services counters in the red. Volume improved to 2.79...
San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang San Miguel Corporation (SMC) president and chief operating officer Ramon S. Ang was given the prestigious Lifetime Contributor Award for the private sector at the 2020 Asia CEO Awards, touted to be the largest business...
San Miguel Corporation (SMC) has finished building the 17.93-km stretch of its P70-billion Skyway 3 linking Southern and Northern Luzon three weeks ahead of schedule. However, the expressway cannot be opened to the public yet, after continuous heavy rains delayed finishing works, such as the...
Vehicle-owners using diesel fuel will need to pay more at the pumps this week as the price of this commodity had gone up by P0.45 per liter, according to the pricing adjustment advisories sent by the oil companies. For gasoline products, there will be a rollback of P0.10 per liter; while kerosene...
The local stock market ended the week lower yesterday over concern that the passage of next year’s budget will be delayed. The Philippine Stock Exchange index (PSEi) shed 11.05 points, or 0.19 points, to close at 5,931.61 with sectoral indices mixed. Volume was lower at 9.16 billion...
Udenna Infrastructure Corporation (UIC) signed a P10-billion (US$200-Million) deal for the construction of DITO towers and the roll-out of fiber optic cables, Jomel Fuentes, Chief Operating Officer disclosed yesterday. “In need of local ...
Aboitiz Power Corporation has renewed its power supply agreement (PSA) with First Bay Power Corporation (FBC), to fulfill the latter’s procurement of 10 megawatts of its power requirements as stipulated in the deal. The source of the power supply to be delivered to FBPC’s network will be from...
