The Global Filipino Investors Inc. (TGFI), a group led by entrepreneur and housing tycoon Januario Jesus Atencio, is helping Filipinos take advantage of the capital market rut due to the pandemic in anticipation of an economic recovery. Januario Jesus Atencio TGFI is bringing together powerhouse...
The forthcoming maintenance schedule of the Malampaya gas production facility next month is expected to trigger hikes in the electricity bills that will be dispatched to Filipino consumers around Christmas time. The Malampaya gas field uses an innovative and sustainable deepwater technology for...
The Mines and Geosciences Bureau (MGB) has rejected the request of the Australian-Canadian miner Oceana Gold Philippines, Inc. (OGPI) to transport the remaining ore from its suspended mine site in Barangay Didipio in Kasibu, Nueva Vizcaya. In his letter to OGPI General Manager David Way, MGB...
The Development Bank of the Philippines (DBP) signed a P5.7-billion long-term loan agreement with a subsidiary of the country's biggest steel manufacturer, Compostela Steel Inc. (CSI), for the construction of its largest facility in Compostela, Cebu. CSI, a subsidiary of Steel Asia Manufacturing...
Manila Water Company Inc. has launched its one-stop online portal where its customers can pay their bills, access outstanding balances, and lodge concerns. (JANSEN ROMERO / MANILA BULLETIN) “We fully recognize the need for mobile applications that our customers can use to minimize travel and...
As quarantine restrictions remain in effect in various parts of the country, Pepsi-Cola Products Philippines, Inc. (PCPPI)—the exclusive manufacturer of PepsiCo beverages in the country—is entering the E-Commerce business by allowing online orders for in-home deliveries starting October 5,...
San Miguel Corporation (SMC), through San Miguel Foods Inc., has already procured a total of 436,209 metric tons (MT) of corn from local farmers as part of its commitment to the government to help with the purchase of locally produced food across the country during the pandemic. Moving forward, the...
Calvin Abueva. (PBA Images) Calvin Abueva on Monday attended an online seminar as part of conditions set by the Games and Amusements Board for his professional license to be reinstated. GAB chairman Baham Mitra posted on his Twitter account a photo showing Abueva taking part in the Zoom seminar on...
State transport authorities and stored value or "beep" cards provider AF Payments Inc. (AFPI) remain deadlocked over the issue of making the cards free for commuters, as of presstime. (PNA / MANILA BULLETIN) AFPI today issued a statement to the media, effectively saying that the Department of...
The Philippine Stock Exchange (PSE) has approved the listing of the shares for the P1.13 billion follow-on offering of PH Resorts Group Holdings, Inc. (PHR), the Udenna Group’s gaming and hospitality subsidiary. “It’s all systems go. Despite the on-going COVID-19 pandemic we are playing...
Uy-led Phoenix Petroleum Philippines Inc. is extending two-pronged assistance to farmers and fisherfolk by providing fuel assistance of up to P4.00 per liter until yearend; as well as allotting retail or vending space for them to sell their products at the company’s designated gasoline stations....
The Philippine peso is heading for its biggest quarterly gain in a decade and still has scope to appreciate due to positive fund flows, according to Credit Agricole SA and Nomura Holdings Inc. The local currency has now strengthened 4.6% this year, beating all its developing-nation counterparts...
