After a delay of sixteen years, NOW Telecom Company has cleared its final hurdle as a 5G provider when the Anti-Red Tape Authority (ARTA) the other day issued an order of automatic approval for the frequencies it needs. The National Telecommunications Commission (NTC)'s “obstinate refusal to...
ORIX METRO Leasing and Finance Corporation (ORIX METRO), a unit of the Metrobank Group, was assigned a high issuer credit rating of PRS Aa plus (corp.)with a Stable outlook by Philippine Rating Services Corporation (PhilRatings). A company rated PRS Aa (corp.) differs from the highest rated...
German firm Siemens Energy is projecting that economies in the Asia Pacific region will immensely propel energy demand growth within the stretch of two decades or until year 2040. Brian Byrne, senior vice president of Siemens Energy Asia Pacific Hub, said “Asia Pacific’s growth aspirations will...
East Zone concessionaire Manila Water Company, Inc. has started the construction of its 42nd sewage treatment plant, which will cost P4.2 billion to build. In a statement, Manila Water said it already broke ground for the construction of Mandaluyong West Sewerage System Project, which is...
Two subsidiary firms of diversifying conglomerate San Miguel Corporation (SMC) tendered the lowest bid for the competitive selection process (CSP) for the supply of 1,800 MW power capacity to Manila Electric Company (Meralco) over a 20-year year period. The winning SMC companies are...
The Good Cup Coffee Company brings the coffee experience online We could all agree that a great morning starts with a good cup of coffee. It's the ultimate mood booster. It awakens the senses thanks to its brewed goodness and irresistible aroma. Best of all, it is the perfect drink to have when...
Listed Apex Mining Co., Inc. (AMCI) is yet to operate its Maco Mine in Davao de Oro at full capacity after more than 20 percent of its workers in the area contracted COVID-19 in December last year. Based on its report to Mines and Geosciences Bureau (MGB), AMCI said that its mine and mill...
Classic OPM got a lot of attention these past few weeks ever since a series of vinyl reissues were announced by Vicor Records. Audiophiles and vinyl record specialty stores alike got a big buzz when classics by Ric Segreto, VST & Company, Rico J. Puno, Sharon Cuneta, Rey Valera, Freddie Aguilar...
The local stock market is seen to be weighed down by concern over the impact of the new COVID-19 strain although this may be counterbalanced by excess cash in the system as well as developments overseas. “Next week, we may see sideways movement from the local market with a downward bias. Pandemic...
Despite the persistence of COVID-19 pandemic, which has been causing an increase in water consumption, government authorities and utility firms are confident that there will be no water crisis in the coming months, especially in summer. “We can assure of sufficient water supply for summer this...
Automation and digitalization in the operations of various industries are expected to displace 19.3 million Filipino workers if they failed to upskill or reskill, according to a study. Bo Huang, Expert Associate Partner at McKinsey & Company, said in a presentation at the Manufacturing Summit...
In a bid to expand and rollout a fifth generation (5G) standalone network in the country, the self-professed fourth telco, the NOW Group of Companies partnered with Finnish technology leader, Nokia. NOW Corporation and affiliate NOW Telecom signed a memorandum of understanding with Nokia to...
