The country’s biggest power generation companies are eyeing to join the competitive selection process (CSP) of Manila Electric Company (Meralco) so they can corner contracts on the utility firm’s future power...
San Miguel Corporation (SMC) has unveiled over the weekend major rail and road networks to be incorporated in its P740-billion Bulacan airport project. “These projects make up the massive infrastructure network that make the airport accessible from Metro Manila and various points of...
After 8 years of negotiations, trade ministers from 15 countries are set to sign tomorrow, Nov. 15, the China-backed Regional Comprehensive Economic Partnership (RCEP), creating the world’s biggest free trade area (FTA) agreement. “The RCEP has finally been concluded and finalized by all trade...
From left is PSC Commissioner Arnold Agustin, PHISGOC Chief Operating Officer Ramon "Tats" Suzara, PhisGoc Chairperson Allan Peter Cayetano and POC President Abraham "Bambol" Tolentino during the official turnover ceremony of the SEAG Final Report book on Wednesday. The Philippine Southeast Asian...
Taiheiyo Cement Corporation of Japan is investing P15 billion in the Philippines for the construction of new state of the art production line in Cebu that will increase it capacity by 50 percent in the immediate term. Trade and Industry Ramon M. Lopez said the Japanese principal has given...
Trade and Industry Secretary Ramon Lopez said the GDP growth rate of -11.5% in the third quarter of this year still conforms with the country’s economic recovery trajectory, coming from the previous quarter’s -16.9 percent during the peak of the COVID-19 health crisis. “While the...
State-owned trading arm Philippine International Trading Corp. (PTC) has been tapped to procure the COVID-19 vaccines as early as before the end of this year as the government pursues negotiations with foreign manufacturers. Trade and Industry Secretary Ramon M. Lopez Trade and Industry Secretary...
Taxation is not causing oil refiners to go out of business, the Duterte administration’s chief economic managers maintained. Finance Secretary Carlos G. Dominguez III...
The Philippine delegation is targeting to attract over 1,300 buyers and generate a modest $31 million worth export deals at the upcoming China International Import Expo (CIIE), significantly lower than the $300 million the Philippines realized during last year’s China International...
The power investment unit of San Miguel Corporation (SMC) considerably bucked the odds of electricity demand slump and economic contraction this year, as its three-quarter income climbed by 27-percent to P14.48 billion versus last year’s P11.385 billion in the same period. SMC Global Power...
Screenshot from ONE Championship / YouTube Indonesian wrestler Eko Roni Saputra displayed grappling mastery in the Circle Friday night, submitting Filipino karateka Ramon Gonzales in the first round of their flyweight mixed martial arts bout in ONE: Inside the Matrix II at the Singapore Indoor...
Diversified conglomerate San Miguel Corporation (SMC) posted a net income of P15 billion for the third quarter of 2020, a full turnaround from the P4.0 billion loss incurred in the first half following the easing of restrictions starting July. Consolidated revenues and operating...
