Alcantara-led Alsons Power has sealed its first retail electricity supply (RES) agreement with Holcim Philippines, Inc., a leading supplier of cement and construction aggregates in the country. In the power supply deal inked by the parties, it was stipulated that “Alsons Power will supply 80% of...
Mitsubishi UFJ Financial Group (MUFG) and Ayala Corporation are acquiring fresh stakes in Globe Fintech Innovations, Inc. (Mynt), in a deal that more than doubled the valuation of the parent company of GCash to $5 billion (P286.4 billion) from $2 billion in 2021. In disclosures to the Philippine...
President Marcos has expressed his gratitude to the Thai conglomerate Charoen Pokphand Group (CP Group) for its plans to expand its business operations in the Philippines which would most especially benefit the country's agriculture sector. BOOSTING TIES — President Ferdinand 'Bongbong' Marcos...
As a young boy, Jhan Albert Avila did menial jobs to feed himself and his family. Financially hard up, he struggled to complete his elementary education and was forced to discontinue his studies. As the second eldest child with eight other siblings, he had to work as a helper in construction,...
The Presidential Security Command (PSC) reiterated that it is now their task to ensure the safety and security of Vice President Sara Duterte. Vice President Sara Duterte (Photo courtesy of OVP) In a statement, Maj. Gen. Nelson Morales, PSC chief, said they remain committed and professional in...
Angel’s Pizza, the fastest-growing pizza chain of the Figaro Coffee Group, reported P1.2 billion in sales on GrabFood during the first half of 2024, with over 925 thousand transactions, up 63 percent from the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
Ford Philippines is offering support to customers affected by Typhoon Carina. Special discounts are available for repair and vehicle maintenance to help customers get back on the road. Those affected by the recent typhoon and flooding can avail of 20% off on parts related to flood damage, and 10%...
Charles Tiu’s Strong Group may be looking at its next potential international conquest after being invited to play in the Taiwan P. League. RJ Abarrientos and Jordan Heading (SGA) The 35-year-old mentor posted the development on X on Saturday, July 28, a week after leading the...
State-run firms Philippine National Oil Company (PNOC) and the National Power Corporation (NPC) have inked a memorandum of understanding (MOU) that will cement their collaboration on setting up a pilot project for the rollout of hybrid systems leaning on solar and wind farms in energizing off-grid...
Presidential Security Command commander Nelson Morales said that they are ready to ensure the security of Vice President Sara Duterte after she was stripped of police security escorts. Vice President Sara Duterte (Photo courtesy of OVP) "The Presidential Security Command is ready to ensure the...
Vice President Sara Duterte on Tuesday, July 23, confirmed that the chief of the Philippine National Police (PNP) ordered the relief of 75 police personnel previously assigned for her security. Vice President Sara Duterte (Noel Pabalate/ MANILA BULLETIN) In a statement, the official said that a...
ZAMBOANGA CITY – The municipality of Ungkaya Pukan in Basilan, once a stronghold of the Abu Sayyaf Group, was declared as ASG-free during a ceremony held at the municipal hall in Barangay Bohe Pahu last Friday, July 19. THE town of Ungkaya Pukan, Basilan was declared Abu Sayyaf Group-free...
