ILOILO CITY – Residents of this city, Iloilo province, and the island-province of Guimaras will not have a convenient and easy Sunday as the National Grid Corp. of the Philippines will impose a 12-hour blackout in these areas to conduct maintenance activities. In an advisory, the power...
Leading snacks company Mondelēz International in the Philippines has advanced its sustainable snacking platform by becoming a member of the Net Zero Carbon Alliance (NZCA). This move is in line with the company’s global commitment to achieve net zero carbon emissions across its full value chain...
Publicly-listed gaming firm DigiPlus Interactive Corporation has increased its corporate social responsibility (CSR) budget by fourfold to P100 million from P20 million last year for various projects and initiatives that provide support to important causes. The corporate outreach projects, to be...
Local retail electricity provider MPower will now supply renewable energy to the hotels, resorts, and real estate businesses of Alliance Global Group, Inc. (AGI). The unit of Manila Electric Co. (Meralco) said it has finalized an agreement to provide a combined total of 100 megawatts (MW) of...
The power investment arm of Manila Electric Company (Meralco) will corner the majority stake of more than 40-percent in the $3.3 billion integrated liquefied natural gas (LNG) project originally owned and developed by SMC Global Power Holdings Corp. (SMGP) of the San Miguel group. According to...
AyalaLand Logistics Holdings Corp. (ALLHC), the subsidiary of Ayala Land Inc. (ALI) focused on the development of industrial properties, suffered a 37 percent drop in net income to P635 billion last year from the P1.01 billion earned in 20222. In a disclosure to the Philippine Stock Exchange (PSE),...
IPC President, Tetsuya Fujita, with the Overland ready Isuzu mu-X and D-Max. Isuzu took the spotlight at this year’s Overland Kings CampOut held from February 9-11 at Crystal Beach, Zambales. Drawing in more than 100 outdoor enthusiasts, the event underscored the blossoming culture of overlanding...
An Executive Order (EO) mandating state-run National Transmission Corporation (TransCo) to build transmission facilities to underpin the wheeling of generated capacities from renewable energy (RE) facilities will be issued soon by President Marcos. In an exclusive interview on the sidelines of the...
BUTUAN CITY – A mining firm in the Caraga region is once again providing assistance to landslide victims in Barangay Masara, Maco, Davao de Oro. Philsaga Mining Corp., through the MMPRC Foundation Inc. (PMFI), is distributing mats, blankets, clothes, rice, coffee, chocolate malt beverage,...
Power utility giant Manila Electric Company (Meralco) has beefed up its supply portfolio with additional 400-megawatt baseload power supply procurement from the Limay thermal power plant of SMC Global Power Holdings of the San Miguel group. The tariff for the new interim power supply agreement...
Filinvest REIT Corp. (FILRT), the Gotianun Group’s real estate investment trust, reported a 19 percent drop in unaudited net income to P1.05 billion last year from P1.3 billion in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that excluding the net fair value...
State-run Power Sector Assets and Liabilities Management Corp. (PSALM) and the National Irrigation Administration (NIA) have transferred ownership and operation of the Casecnan Hydroelectric Power Plant to Fresh River Lakes Corp. (FRLC). In a statement, First Gen Corp. announced on Monday,...
