State-owned Bases Conversion and Development Authority (BCDA) invited two Italian businesses to set up or expand their operations in New Clark City. The BCDA delegation urged Italy’s top business associations, Confindustria and The European House Ambrosetti, to take an interest in investing in...
The Net Zero Carbon Alliance (NZCA), which is a pioneering collaboration of Philippine corporates and organizations that are genuine stewards for the environment and the planet, is calling on businesses to pursue veritable net zero goals and for them to veer away from ‘greenwashing’ duplicity....
Lopez-led First Gen Corporation will be supplying additional 20 megawatts of renewable energy-based capacity to Central Negros Electric Cooperative (CENECO), one of the biggest power distribution utilities in the Visayas region. In a statement to the media, First Gen noted that the supply of...
Owing to profit contribution of its all-renewable energy (RE) subsidiary, First Gen Corporation has posted a 30 percent hike in its recurring net income to $167 million, approximately P9.0 billion, in the first half of the year versus $128 million or P7.0 billion, in the same period last...
CEBU CITY – A private company has expressed interest in building a bridge that will connect the provinces of Bohol and Cebu. (https://images.mb.com.ph/production/mb-mkt-neo-prod-1-uploads/BOHOL_BRIDGE_d154457bcb/BOHOL_BRIDGE_d154457bcb.jfif) BOHOL Gov. Aris Aumentado (right) and representatives...
Lopez-led Energy Development Corporation (EDC) has formally pulled out its concession for geothermal resource exploration in Peru, citing turbulent political situation in that Latin American energy market as the main reason for such investment decision. The company - via its parent firm First Gen...
Leading clean energy provider First Gen Corporation and its geothermal subsidiary Energy Development Corporation (EDC) earned preeminent recognitions at the 8th Asia Integrated Reporting Awards (AIRA), one of the most prestigious award-giving bodies in the region. The company indicated that First...
The Governance Commission for Government-Owned or-Controlled Corporations (GCG) initiated a dialogue with the Clark Development Corp. (CDC) to come up with an amicable solution to the Compensation and Position Classification System (CPCS). In a statement, Alex L. Quiroz, GCG chairperson said they...
Richard Lim, President/CEO of Sun Group of Companies / Sunland Development Corporation. Sunland Development Corporation under Sun Group of Companies led by President/CEO, Richard Lim, broke ground on Tuesday, July 12, 2022, to formally start the construction of its new office building with...
Eligible businesses and institutions may now take concrete steps to lower their carbon emissions by getting power from licensed Green Energy Option Program suppliers like EDC's Green Core Geothermal, Inc. There is a ‘deepening revolution’ happening in the energy sector – it’s not just a...
A Muntinlupa councilor said the Bureau of Corrections (BuCor) and a private developer should submit the master development plan for the New Bilibid Prison (NBP) Reservation in Bgy. Poblacion in the city. This after it was reported that BuCor signed a joint venture agreement (JVA) with Agua Tierra...
Marcventures Holdings Inc. (MHI) consolidated income during the first nine months of the year surged to P790.31 million, a 384.32 percent increase from the P163.18 million the company had in the same period last year. This is amid the robust third quarter performance of the firm’s subsidiary,...
