MerryMart adds a 2,100 sqm. Cresendo branch to its growing portfolio. The branch broke ground on April 25, 2023, at Ayala Land, Inc.’s (ALI) 290-ha rising downtown development in Tarlac. The ceremony was led by (from left) MerryMart’s Store and Planning Manager Engr. Roger Felix, Jr.;...
The coffers of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) will be shored up by as much as $526 million by the end of this year, with the anticipated payment of Fresh River Lakes Corporation on its acquisition of the 165-megawatt Casecnan hydroelectric power plant...
The National Grid Corporation of the Philippines (NGCP) said that government should give weight to the P300 billion worth of investments it had injected into the country’s power transmission network in reaction to the In reaction to the Malacanang pronouncement that the government may take back...
President Ferdinand "Bongbong" Marcos Jr. said the government is eyeing to revitalize the Philippine Sugar Corporation (PhilSuCor) to provide the country's sugar farmers and farmers groups with the necessary assistance as the Philippines worked on boosting the industry. *BOOSTING SUGAR INDUSTRY...
Senator Grace Poe said power firms granted with a franchise and permits carry the colossal task of providing reliable electricity at all times. “Reliability is a big commitment in the provision of public service. Kailangan ay maaasahan ka ng mga tao sa lahat ng oras (People rely on you all the...
The Joint Congressional Energy Commission (JCEC) is set to tackle the current energy crisis plaguing the country and the various proposals seeking to revoke the franchise of the National Grid Corporation of the Philippines (NGCP), Sen. Rafael "Raffy" Tulfo said on Wednesday, May 17. Tulfo made the...
Cityland Development Corporation will be holding its annual meeting of stockholders on June 6, 2023, Tuesday, at 4:00P.M. via remote communication. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
Amid the perceived security threats posed by the Chinese ownership of the National Grid Corporation of the Philippines (NGCP), President Ferdinand “Bongbong” Marcos Jr. gave the go signal to Senator Raffy Tulfo to look into the real situation in the country’s energy grid systems operator....
Fresh River Lakes Corp, a subsidiary of First Gen Corporation of the Lopez group, submitted a winning bid that dwarfed other offers for the165-megawatt Casecnan hydropower facility, the first power asset privatized under the Marcos administration. According to sources privy to the outcome of the...
NGCP clarifies that many factors came into play concerning the grid alerts and incidents that were widely publicized in the recent days. The system disturbance and the widespread outages in Panay Island between 27 and 29 April, and the red alert raised in the Luzon grid resulted from a...
Yuchengco-led PetroGreen Energy Corporation (PGEC) will be acquiring existing two solar farm projects in Luzon, to boost its renewable energy (RE) generation portfolio. The subsidiary of publicly-listed PetroEnergy Resources Corporation (PERC) announced that the asset acquisitions will cover the San...
Cityland Development Corporation will be holding its annual meeting of stockholders on June 6, 2023, Tuesday, at 4:00P.M. via remote communication. A copy of the official announcement published in Manila Bulletin broadsheet is shown below:
