Lottery firm Pacific Online Systems Corporation (POSC) is investing P150 million to diversify into the online gaming business through the acquisition of a 37.5 percent stake in the owner of Buenas e-casino. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has entered into an...
Veteran banker Raul B. De Mesa, Chairman, President, and CEO of Abacore Capital Holdings Inc. and Director of Pacific Online Systems Corporation, has passed away at 81. In a disclosure to the Philippine Stock Exchange, Abacore stated, “His untimely departure has left an irreplaceable void in our...
In light of the typhoons that ravaged the country over the past month, the Japan International Cooperation Agency (JICA) has sought closer consultations with the Philippine government to strengthen its early warning system. Malacañang photo JICA President Dr. Tanaka Akihiko said this during his...
While not exactly turning its back on fossil fuel-based conventional technologies, Alcantara-led Alsons Power Group will be pursuing wider diversification on its power generation portfolio by focusing its next investment on utility scale solar farm installation that will have energy storage...
Danish firm Copenhagen Infrastructure Partners (CIP) is eyeing to diversify its capital formation for renewable energy (RE) projects in the country, with its investment sight now expanding into solar and energy storage systems. The Danish firm first entered the Philippine market last year with its...
Several Chinese companies have been shortlisted by SP New Energy Corporation (SPNEC) of the Manila Electric Company (Meralco) Group for soon-to-be awarded contracts on the supply of photovoltaic (PV) modules and energy storage systems (ESS) for the $4.0 billion Terra solar project, an expansive...
Meralco PowerGen Corporation, the power generation investment arm of Manila Electric Company (Meralco), has shortlisted two bidders for the transmission connection that will transport the capacity of its P190 billion Terra Solar project upon reaching commercial operations by 2026. MGen President...
By GLAZYL MASCULINO BACOLOD CITY – The Disaster Risk Reduction and Management Office (DRRMO) recently installed a Community-Based Flood Early Warning System (CBFEWS) on rivers here for close monitoring of levels and rainfall. THE Disaster Risk Reduction and Management Office (DRRMO) recently...
By MYRNA M. VELASCO The Department of Energy (DOE) is scheduling this September the second round of auction for off-grid sites that will target the provision of electricity access to more than 12,200 households. In a media statement, the department indicated that the submission and opening of...
Pacific Online Systems Corporation, a gaming unit of Belle Corporation, has been awarded the P4.09 billion contract for the 5-year Lease for Web-Based Application Betting Platform for E-Lotto by the Philippine Philippine Charity Sweepstakes Office (PCSO). In a disclosure to the Philippine Stock...
SAN FERNANDO CITY, La Union – The provincial government has allotted P12 million for the acquisition of early warning systems for the towns of Luna and San Juan to mitigate the potential risk in flood-prone areas. LA Union Provincial Disaster Risk Reduction and Management Office...
President Marcos said that the Cabaruan Solar-Powered Pump Irrigation Project (SPIP) in Isabela is only one of the first undertakings in the government's list of projects that aim to boost the country's agriculture sector. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said...
