The Philippines is eyeing to firm up collaboration and prospective private sector partnerships with the United States for targeted deployment of next-generation geothermal technologies in the country. According to Energy Secretary Raphael P. M. Lotilla, the Philippines will “identify advances...
The full energization of at least eight unserved off-grid domains in the provinces of Quezon, Palawan and Cebu will finally take off as the Department of Energy (DOE) has already awarded the contract that shall underpin the project’s implementation and eventual commercial operations. The...
Premium Leisure Corporation (PLC), a subsidiary of Belle Corporation, reported an 85 percent surge in consolidated net income to P2.32 billion last year from P1.26 billion in 2022 on the back of strong gaming and lottery revenues. In a disclosure to the Philippine Stock Exchange (PSE), the firm...
STI Education Systems Holdings Inc. reported a 132 percent surge in net income for the first six months of its fiscal year ending June 30, 2024 due to a combination of higher enrollments and tuition fee increases. In a disclosure to the Philippine Stock Exchange (PSE), the firm said net income rose...
Consumers across Metro Manila can now drop off their empty PET bottles for recycling at over 2,200 sari-sari stores and carinderias. This initiative, the Tindahan Extra Mile (TEM): Balik PET Bottle Program of Coca-Cola Philippines and Basic Environmental Systems and Technologies, Inc. (BEST), not...
Pacific Online Systems Corporation, the lottery unit of Willy Ocier-led Belle Corporation, reported two “game-changing” milestones in 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first achievement is the successful launch of the first-ever official E-Lotto of...
The partnership between lottery firm Pacific Online Systems Corporation and Philippine Charity Sweepstakes Office (PCSO) is venturing into online gaming as more and more bettors now prefer to go digital. Pacific Online said in a disclosure to the Philippine Stock Exchange that it has signed a...
The onset of Covid-19 served as a poignant reminder of the importance of good indoor air quality. As the country prepares to return to a degree of normalcy and offices begin to reopen, it is of the utmost importance that we are able to secure a safe working environment. While the practice of...
President Ferdinand "Bongbong" Marcos Jr. has ordered the Anti-Red Tape Authority (ARTA) to simplify the business licensing manual and expand its usage around the country. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Yummie Dingding/PPA Pool) Marcos made the directive during a...
Belle Corporation, the gaming and upscale real estate unit of the SM Group, more than doubled its consolidated net income last year to P1.71 billion—130 percent higher than the P745 million registered in 2021. In a disclosure to the Philippine Stock Exchange, the firm said its consolidated...
The Philippine Army (PA) has finally acquired its first unit of Sabrah light tank, a wheeled and tracked variant of armored vehicles that is designed for rapid movements during combat operations to outmaneuver heavier tanks. Sabrah Light Tank (Photo: Philippine Army / Armor "Pambato" Division) The...
PLDT Inc. completed the landing of the shore-end segment of the $75 Million (about P4.4 Billion) Asia Direct Cable system (ADC) at its station in Nasugbu, Batangas, the telco announced Friday, November 25. ADC is a global consortium comprised of leading communications and technology companies,...
