The signing of the agreement with the Bases Conversion and Development Authority and Science Park of the Philippines, Inc. (BCDA photo) The Bases Conversion and Development Authority (BCDA) has inked a 50-year lease agreement with Science Park of the Philippines, Inc. (SPPI) to develop an...
Concepcion Industrial Corporation (CIC), the country's leading consumer lifestyle and enterprise solutions provider, reported that its consolidated earnings almost doubled to P944.9 million. In a disclosure to the Philippine Stock Exchange, the firm said the 93 percent profit jump from the same...
Lopez-led First Philippine Industrial Park (FPIP) has entered into a strategic partnership with Converge Information and Communications Technology Solutions Inc. (Converge) to deliver connectivity solutions to the industrial park's 600-hectare hub. First Philippine Holdings (FPH) Chairman and CEO...
Project sponsor-firm MGen Renewable Energy Inc. (MGreen), which is a subsidiary of Meralco PowerGen, has cemented a deal with affiliate Meralco Industrial Engineering Services Corporation (MIESCOR) for some construction components in the conglomerate’s $4.0 billion Terra Solar project. In a...
State-run Philippine National Oil Company (PNOC) will be powering the industrialization goal cast by the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) for the Polloc freeport zone in Parang, Maguindanao. The two government agencies have sealed a memorandum of understanding (MOU) on the...
Singapore-headquartered investment fund Clime Capital will be injecting up to $10 million for the solar rooftop installations in the commercial and industrial (C&I) space as well utility-scale ventures to be undertaken by Upgrade Energy Philippines (UGEP), a joint venture between Aboitiz Power...
Concepcion Industrial Corporation (CIC), the country's leading provider of consumer lifestyle and enterprise solutions, reported that its consolidated earnings doubled to P726.7 million in the first half of 2024 due to higher revenues and margins. In a disclosure to the Philippine Stock Exchange,...
Over 1,400 new workers are needed by four Japanese companies with manufacturing facilities inside the First Philippine Industrial Park (FPIP) economic zone in the cities of Santo Tomas and Tanauan in Batangas. Prospective employees wait for their turn to fill up application forms during the recent...
Concepcion Industrial Corporation (CIC), the country's leading provider of consumer lifestyle and industrial solutions, reported that it has doubled its consolidated net income to P186 million in the first quarter of 2024 compared to the same period last year. In a disclosure to the Philippine...
As the government cannot provide viable ‘quick fixes’ to the country’s shaky power supply situation, Luzon grid will have to increase its dependency on the interruptible load program (ILP) which is underpinned by the switch-on of generating sets (gensets) of big-ticket customers that are...
As it is becoming apparent that the government may have been failing on its projection of ‘no red alert’ and sufficient power supply within the stretch of the summer months, the Department of Energy (DOE) is appealing to the industrial and commercial end-users in particular to pare their...
Many Filipinos start their day with a cup of hot chocolate made from "tsokolate" or "tablea" which has a rich history and tradition. However, the traditional mixing process can be time-consuming, which led the Department of Science and Technology- Industrial Technology Development Institute...
