Hocheng Philippines Corporation (HCG), a total bathroom solutions provider, has renewed its power supply agreement with First Gen Corporation of the Lopez group. The new lease on their contract entails that HCG will continue to draw its 850-kilowatt power requirements from the geothermal assets of...
There’s still plenty of gas left in the tank for Hidilyn Diaz. More than a year since giving the Philippines its first gold medal in the Olympics, the Filipina weightlifter hasn’t slowed down yet and reached another milestone in her storied career. Hidilyn Diaz will be honored with her third...
The Philippine Statistics Authority (PSA) has reported that the agency has printed over 50 million physical and digital versions of the Philippine Identification (PhilID). PSA Undersecretary Dennis S. Mapa said that out of 50,262,059, about 30,558,332 were PhilIDs - of which, 23,256,884 are...
Joint venture firm SN Aboitiz Power (SNAP) has inked power supply agreements (PSAs) for the procurement of electric capacity from power plants owned by PetroGreen Energy Corporation (PGEC) and PetroSolar Corporation (PSC) of the Yuchengco group. In a statement to the media, SNAP indicated that the...
GUUN Co. Ltd., a Japanese waste management and recycling company, has signed a power supply deal with First Gen Corporation so it can draw its energy needs from a clean technology source. In a statement to the media, First Gen specified that GUUN’s switch to renewable energy will support its...
The 13th division of the Court of Appeals (CA) has granted the petition for writ of preliminary injunction (WPI) lodged by South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings of the San Miguel group, that will continually suspend the implementation of its power supply...
Richard Bachmann on Tuesday, Jan. 31, laid down plans to answer the immediate needs of athletes following his first month as chairman of the Philippine Sports Commission (PSC). PSC Chairman Richard Bachmann stressed he is there to serve athletes. (File Photo) Among those plans are enhancing the...
The third quarter 2022 Gross Domestic Product (GDP) growth rate was maintained at 7.6-percent. However, changes were observed in all industries except public administration and defense; compulsory social activities. The major contributors were: real estate and ownership of dwellings, from 3.1...
Philippine sports’ cream of the crop who made 2022 a truly memorable one for the country crowd each other out in a tight race for the Athlete of the Year honor of the Philippine Sportswriters Association (PSA). Olympic gold medalist Hidilyn Diaz, world-ranked pole vaulter EJ Obiena, two-time...
The 16th division of the Court of Appeals (CA) has denied the petition of San Miguel Energy Corporation (SMEC) for a temporary restraining order (SMEC) on its supply of 330-megawatt capacity to Manila Electric Company (Meralco) from the Sual coal-fired power plant. With the appellate court’s...
Imports continued to outpace the country’s exports, but at a narrower level in December last year, but overall trade gap in 2022 went up 38 percent versus 2021, the Philippine Statistics Authority (PSA) reported. The PSA said on Thursday, Jan. 26, that the country’s trade gap, or the difference...
Filipinos have not let high inflation rate stop them from spending in 2022, as the Philippine Statistics Authority (PSA) reports that the country’s economic growth performed better than expected last year to a record growth in more than four decades due to revenge spending. The economy, as...
