Lopez-led First Gen Corporation, through its corporate vehicle FGEN LNG Corporation, has formally shortlisted three prospective bidders on its procurement of floating storage regasification unit (FSRU) for its interim liquefied natural gas (LNG) import facility in Batangas. The company announced...
To officially kick off the Yuletide season, Waterfront Hotels & Casinos held its annual tree lighting ceremonies in all of its three properties: Waterfront Cebu, Waterfront Mactan, and Waterfront Davao. This year, the country’s largest Filipino-owned and managed hotel chain opted to go...
Transmission firm National Grid Corporation of the Philippines (NGCP) has completed and energized the 230-kilovolt Toril-Bunawan transmission line, which forms the final loop of the P7.09 billion Mindanao backbone project. With the project’s completion, the company noted that “this will secure...
San Miguel Corporation (SMC) will commence building its P740-billion Manila International Airport project in Bulacan in the first quarter of 2021. The conglomerate has awarded the US$1.73-billion contract for land development works of the airport to Dutch firm Royal Boskalis Westminster...
The Asian Development Bank (ADB) approved a fresh loan to the Philippines to help build elevated pathways in four areas along the Epifanio de los Santos Avenue, commonly known as EDSA. Design image of the elevated walkways on EDSA to be constructed with financing from a new ADB loan In a statement,...
San Miguel Corporation (SMC) has formally turned over land ownership titles to the last batch of residents relocated out of its P740-billion Bulacan airport site. Former residents of Sitio Kinse, Barangay Taliptip, are now in their new concrete homes in Barangay Bambang, Bulakan, in time for...
To force the country into ‘clean energy’ transition, the Department of Energy (DOE) has enforced moratorium on new coal-fired power plant projects. But it’s not time for the clean energy advocates to pop the champagne bottle yet, because the DoE qualified the moratorium will not cover...
Ayala firm AC Energy, along with its partner Hong kong-based UPC Renewables, will be coughing up fresh round of US$36 million investment for the proposed 70-megawatt peak (MWp) Paryapt solar farm expansion project in India. Photo credit: https://www.acenergy.com.ph Through their corporate vehicle...
Coffee Project goes digital with YouTube, Spotify, and Pinterest Beyond having their favorite food and drinks delivered from Coffee Project, its patrons can now immerse themselves in the full Coffee Project experience at home. One of the most Instagrammable cafes, the coffee shop can now let...
The proposed legislated franchise for the Bulacan airport project will imperil all existing and future tax laws in the country, economic and transportation experts warned. In a virtual briefing, Action for Economic Reforms coordinator Filomeno Sta. Ana III and transportation expert Rene Santiago...
The Department of Energy (DOE) has been swamped with solar project applications that will yield capacity installations of more than 13,217 megawatts, according to documents culled from the agency. As of June this year, energy department data showed that the array of solar projects proposed by...
Metropolitan Waterworks and Sewerage System (MWSS) is now re-considering Manila Water Company Inc.'s P15-billion Laguna Lake East Bay project, which was dismissed by former MWSS Administrator Reynaldo Velasco in 2018 for being "expensive". MWSS Chief Regulator Patrick Ty said in a text exchange...
