Officers of TeaM (Philippines) Energy Corporation (TPEC), a subsidiary of TeaM Energy Corporation, and Kratos RES, Inc. (KRI) signed a two-year energy supply deal at the TeaM Energy corporate office in Bonifacio Global City, Taguig. Under the agreement, TPEC will provide the power requirements of...
At the ACEN RES Recharge Partners Gala, ACEN President and CEO Eric Francia affirmed the company's commitment to build more renewable capacity to help meet the growing demand for electricity in the Philippines and urged businesses to shift to renewable energy. (Photo from ACEN RES) The...
Senator Raffy Tulfo deplored the sky-high charges of energy generation companies (gencos) despite the drop in prices of coal in the global price index. Compared to other countries in Asia, Philippines has one of the highest electricity costs even though the price of coal imports is all based on the...
The Australian government is looking to “drum up” interest among Australian companies in the controversial yet reported plans to privatize Philippine airports, the Presidential Communications Office (PCO) said. In a Facebook post, the PCO disclosed that airport privatization was one of the...
Featured image: DAUM BEST CEO Benjamin Brami will bring the luxury French brand to the Philippines this year It’s not an exaggeration to say that French crystal maker Daum is one of a kind. All companies tell you their products are unique, unmatched, special. But Daum, literally, is sui generis....
An official of the Pampanga-based San Fernando Electric Light and Power Company (SFELAPCO) on Monday said the decision to implement its pending power supply agreement (PSA) is part of its commitment to provide stable and affordable power supply to its customers in the City of San Fernando. Jose...
Fiber Infrastructure and Network Services Inc. (FINSI), a subsidiary of the Asticom Group, has stepped up its fiber rollout, deploying more than 133,400 lines in 15 months, the company announced Thursday, February 2. As of year-end 2022, the rollout has brought high-speed internet access in Metro...
An Inchcape-operated Toyota dealership in Manchester, UK. Two top distributors unite The CATS Group of Companies, a distributor of luxury auto brands like Mercedes-Benz, Jaguar, Land Rover, Chrysler, Jeep, Dodge, and Ram, now has a new partner to move forward with. Inchcape Plc (“Inchcape”) the...
The newly-forged joint venture of the Ang family-owned CATS Group of Companies and leading global multi-brand luxury car distributor Inchcape Plc expects to regain market leadership in the luxury car segment in the Philippines in 2024 when global supply chain finally normalizes. Francis Jonathan C....
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS....
A "Magna Carta of Air Passengers' Rights" is being sought by the Makabayan bloc in the House of Representatives on the heels of the disastrous Ninoy Aquino International Airport (NAIA) New Year's day crisis. The scene at NAIA on Jan. 2, 2023, a day after the critical system glitch (Noel Pabalate/...
The Philippines' top diplomat in China is hopeful that the recent bilateral meeting between President Ferdinand "Bongbong" Marcos Jr. and Chinese President Xi Jinping will yield more job opportunities for Filipino customer service providers. With the signing of an agreement that will allow...
