Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBP), was bestowed highest compliance rating among coal-fired power plants in the country, on its adherence to the rules being enforced by the Wholesale Electricity Spot Market. The company, in a...
Yuchengco-led PetroWind Energy Inc. has been awarded as one of the ‘top community care companies’ in the 2020 Asia Corporate Excellence and Sustainability Awards (ACES) held recently in Kuala Lumpur, Malaysia. (Photo credit: http://www.petroenergy.com.ph/) As reckoned by Yrel Ventura,...
San Miguel Corporation (SMC), through San Miguel Foods Inc., has already procured a total of 436,209 metric tons (MT) of corn from local farmers as part of its commitment to the government to help with the purchase of locally produced food across the country during the pandemic. Moving forward, the...
It is crunch time for the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) in terms of looking into the tariff impact of pending water project proposals — such as Manila Water's P14-billion Laguna Lake East Bay project — and securing the public approval for these. (MWSS /...
Bert “Tawa” Marcelo did not live long enough to see the transformation of the company that makes his favorite beer. But son Gerard said that his dad would be proud and happy to learn of what San Miguel Corporation has become and that it has remembered to give back to his beloved Bulacan with a...
AllHome Corporation, the Villar group’s chain of one-stop shops for home needs, is spearheading a project to donate school tablets to the Department of Education to be used by teachers of Las Pinas Science Highschool who would be facilitating online classes. The firm said this project...
There has been a changing of the guards at Lopez Holdings Corporation with the resignation of Chairman Emeritus Oscar M. Lopez and Vice Chairman Eugenio Lopez III for “personal reasons.” Oscar M. Lopez (left), and Eugenio Lopez III .( Photo credit:...
Aboitiz Equity Ventures, Inc. is planning to raise up to P10 billion from a proposed bond issue as part of its three-year shelf registration program amounting to P30 billion. The planned offering will have a base issue size of up to P5 billion, with an oversubscription option of up...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
Local stock prices weakened yesterday as investors continue to wait for market moving news. The Philippine Stock Exchange index (PSEi) dropped 19.79 points, or 0.34 percent ,to close at 5,841.60 with sectoral indices evenly split between advancers and decliners. Volume was slightly higher at...
All is not well among players in the cement industry with Cement Manufacturers of the Philippines (CeMAP) calling the attention of the Department of Trade and Industry (DTI) to look into a potential standards compliance issue against Philcement Corporation. In a letter to DTI Undersecretary Ruth...
Kathryn Bernardo badly misses home. Because of travel restrictions due to the COVID-19 pandemic, as well as her heavy workload, she has not been able to go home to her beloved Cabanatuan since the start of the lockdowns. “Nitong past few months nung start ng lockdown, hindi na talaga ako...
