Ayala-led ACEN Corporation will be issuing $352 million worth of corporate guarantees as a support to loan payments of ACEN Cayman, one of its subsidiaries. The corporate guarantee has been approved by the company’s board of directors in their special meeting at the Grand Hyatt Hotel on Wednesday,...
The Energy Regulatory Commission (ERC) will mete out administrative penalties on transmission firm National Grid Corporation of the Philippines (NGCP) if it cannot provide justifiable explanation or grounds why it had been swamped with project delays. “The ERC required the NGCP to explain why it...
Big power consumers, such as commercial and industrial facilities and distribution companies, can experience lower charges from the National Grid Corporation of the Philippines by efficiently adjusting their energy usage away from the peak demand period in a given day. Technically termed as...
PetroEnergy Resources Corporation  will be holding its annual meeting of stockholders on July 27, 2023, Thursday at 4:00 PM,  to be called, conducted and presided virtually. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
The Philippine Health Insurance Corporation (PhilHealth) has named Dr. Albert Domingo as its new spokesperson, effective Monday, July 3. Photo courtesy of Dr. Albert Domingo Domingo is PhilHealth's vice president, responsible for supervising its primary care policy. He also serves as the head...
Solana Solar Alpha Inc. (Solana Solar), a subsidiary of Altenergy, has cemented a power supply agreement with Villar-led retail electricity supplier company Kratos RES Inc. Under the agreement, Solana Solar will supply Kratos RES with 10-megawatt and up to 20 MW of clean and renewable power from the...
PetroEnergy Resources Corporation  will be holding its annual meeting of stockholders on July 27, 2023, Thursday at 4:00 PM,  to be called, conducted and presided virtually. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Transmission firm National Grid Corporation of the Philippines (NGCP) is advancing its plea for regulatory support -- primarily on the removal of caps and for the timely approval of its capital expenditure (capex) program, so it can inject much-needed investments for the massive-scale integration of...
Listed firm Aboitiz Power Corporation plans to kick off study next year on co-firing ammonia with coal-fed power plants, as a way to pare the carbon intensity of these environment-assaulting power generating assets. “We’re looking at having that [feasibility] study perhaps starting next year....
Many people aspire to build their very own house. There is a sense of anticipation and excitement in being able to choose where to purchase your lot and how to design your own home. But it could instantly become a nightmare once you start construction. Building a house takes a lot of commitment...
President Ferdinand “Bongbong” Marcos Jr. will do a patriotic act if he vetoes the proposed Maharlika Investment Fund (MIF) Act, Senate Minority Leader Aquilino “Koko” Pimentel III said on Sunday, June 25. Senate Minority Leader Aquilino "Koko"...
The Philippine Health Insurance Corporation (PhilHealth) announced that it has expanded its coverage for patients with Chronic Kidney Disease stage 5 increasing hemodialysis sessions to 156 from the former 90 per year. In a public hearing, Philhealth Acting Vice President of Corporate...
