The commercial operations of the ancillary services (AS) market will guarantee the full procurement of power reserves needed by system operator National Grid Corporation of the Philippines (NGCP) in efficiently running the country’s electricity system. After more than a decade of planning, policy...
The Philippine Health Insurance Corporation (PhilHealth) declared on Thursday, Jan. 25, the extension of privileges related to ongoing systems optimization until Jan. 31. (PhilHealth) The announcement through PhilHealth Advisory No. 2023-0039 outlined changes that will come into effect on Feb. 1,...
DAVAO CITY – Over 284 families or 1,704 individuals affected by flooding in the host communities of Hallmark Mining Corp. in two barangays in Mati City, Davao Oriental, received food assistance on Saturday, January 20, and Monday, January 22. FAMILIES from host communities of Hallmark Mining...
ILOILO CITY – A power interruption has been set in this city and towns in Iloilo province on Tuesday, January 23, three weeks after a blackout at the start of the New Year caused massive inconvenience to the people. The National Grid Corp. of the Philippines (NGCP) announced on Sunday, January...
DAVAO CITY – Hallmark Mining Corp. has denied reports that its workers had been trapped in a nickel mine site in the coastal Barangay Macambol in Mati City, Davao Oriental due to severe flooding on January 18. CLEARING operations continue on the road linking Barangay Macambol proper to...
Universal Robina Corporation’s (URC) Malaysian subsidiary has bagged two international awards as an excellent workplace and as a top global brand. In a statement, the firm said Universal Robina Munchy’s (URM) was named as one of HR Asia’s Best Companies to Work for in Asia (Malaysia chapter)....
Philippine Amusement and Gaming Corporation (PAGCOR) is targeting to launch its own internet gaming platform by the second half of this year in order to keep up with the fast-growing revenue source. In an interview, PAGCOR Chairman and CEO Alejandro H. Tengco said the plan is still on track and...
The Philippine Stock Exchange (PSE) and Philippine Dealing System Holdings Corp. (PDSHC) cheered the appointment of former Robinsons Land Corporation President and CEO Frederick D. Go as the investment czar of the Marcos administration. In a statement, the PSE and PDSHC said their Board of...
The Philippine Amusement and Gaming Corp. (Pagcor) boosted its contributions to state coffers in the first 11 months of last year, but they continued to lag behind pre-pandemic figures. Data from the Bureau of the Treasury showed that the national government's portion of Pagcor's earnings rose by...
Everchance Gaming Corp.'s lottery machine (Everchance Gaming Corp.'s Facebook page) Camarines Sur 2nd district Rep. LRay Villafuerte, alongside three other lawmakers, are calling on President Marcos to junk the franchise of Evenchance Gaming Corp. as operator of...
ILOILO CITY – MORE Power, this city’s power distribution utility, warned that prolonged power interruptions following the New Year blackout that affected Panay Island can happen again if the National Grid Corp. of the Philippines (NGCP) fails to finish a key facility in Iloilo. Roel Castro,...
The Philippine Amusement and Gaming Corporation (PAGCOR) expects E-Games and new integrated resorts to boost revenues to P336.38 billion this year even as it reported record high gross gaming revenues (GGR) of P285.27 billion for 2023. In an interview, PAGCOR Chairman and CEO Alejandro H. Tengco...
