Senator Risa Hontiveros believes that former presidential spokesperson Harry Roque is challenging their own documents when he denied being legal counsel to Lucky South 99, Philippine Offshore Gaming Operator (POGO) compound in Porac, Pampanga. Senator Risa Hontiveros (Senate PRIB photo) "Well,...
The Department of Energy (DOE) is batting for the corporate life extension of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) so it can serve as counterparty to the investing-entity that will rehabilitate the Agus hydropower complex in Mindanao. Energy Secretary Raphael...
Listed gaming firm DigiPlus Interactive Corporation aims to sustain its growth momentum by ramping up the diversification of its portfolio of online products. “We intend to sustain our growth momentum by continuing to invest in innovation and new technologies to enhance user experience and adding...
State-run Bases Conversion and Development Authority (BCDA) said that the Clark civil aviation complex in Pampanga is set to become a global hub for logistics and aviation services, with backing from major international companies. In a statement, Joshua M. Bingcang, BCDA president and chief...
Philippine Amusement and Gaming Corporation (Pagcor) Chairman and Chief Executive Officer (CEO) Alejandro Tengco said on Wednesday, July 10 that more or less 250,000 Filipinos are at risk of losing their jobs should there be a total ban on Philippine Offshore Gaming Operators (POGOs). "Ang sinasabi...
The Asialink Finance Corp. has secured a P125 million credit line from KEB Hana Bank Global, its first financial partnership with a South Korean bank. In a statement on Wednesday, July 10, Eillen Mangubat, Asualink president and chief operating officer, said the agreement aims to bolster the...
Antonio R. Ocampo, Jr. has been appointed as the new president and director of First Metro Investment Corporation, taking over from Jose Patricio A. Dumlao who retired last June 30 after four years with the company. Ocampo, an executive in the Metrobank Group with over 30 years of experience in...
The government’s share of the Philippine Amusement and Gaming Corp. (Pagcor) income increased by a quarter in May amid the gaming industry’s sustained resurgence. According to data from the Bureau of the Treasury, the gaming regulator and operator remitted P3.27 billion to state coffers in May...
The commercial operations of the P7.0 billion Palayan binary geothermal power project of Energy Development Corporation (EDC) will partly quench the energy thirst of the Luzon grid, as this will add up 28.9 megawatts into the system. The facility serves as an expansion of its 140MW Bacon-Manito...
Federal Express Corporation (FedEx) facilities in Clark, Pampanga, will soon be upgraded to boost support for imports and exports from small and medium enterprises and heavy-weight shippers. FedEx has signed an agreement with Luzon International Premiere Airport Development (LIPAD), operator and...
DAVAO CITY – Police apprehended in Kibawe, Bukidnon on Monday the businessman accused of organizing the murder of former Philsaga Mining Corp. president retired Col. Samuel Afdal three years ago. The Bunawan Municipal Police Station in Agusan del Sur identified the suspect as Ryan Marky Baylon,...
Its wings may have already fallen silent since its untimely demise in September last year, but renewable energy (RE) firm Energy Development Corporation (EDC) of the First Gen group has taken a high-principled step of preserving the lasting legacy of “Geothermica”, also nicknamed “Geo”, the...
