The Department of Energy (DOE) has been swamped with questions as well as dissent from various quarters on its plan to enforce a policy that will mandate distribution utilities (DUs), primarily those in the Luzon grid, to procure prescribed percentage of their supply from gas-fired power...
SM Investments Corporation (SMIC) has confirmed that the planned $1-billion initial public offering (IPO) of real estate SM Prime Holdings Inc., one of the largest integrated real estate companies in Southeast Asia, will be moved to 2024 instead of later this year. During the investor conference...
President Ferdinand "Bongbong" Marcos Jr. and Australian Prime Minister Anthony Albanese are expected to discuss further security and defense cooperation between their countries when the latter visits Manila next month. More than 2000 Philippines and Australian Defense Forces with U.S. Marine Corps...
State-run Philippine National Oil Company- Exploration Corporation (PNOC-EC) has indicated to Congress that it is preparing for the drilling of two new wells at the Malampaya gas field in 2025. PNOC-EC Manager for Planning and Budget Department Alexis Dela Torre stated that the consortium-members...
Prime Video released on Aug. 25 the official trailer of the much-anticipated original series “Comedy Island Philippines.” “Comedy Island Philippines” stars Carlo Aquino, Rufa Mae Quinto, Andrea Brillantes, Jerald Napoles, Cai Cortez, Awra Briguela, Justine Luzares and Drew...
LUCENA CITY, Quezon – Quezon Provincial Board Member Ferdinand “Bong” Talabong is planning to file a class suit against a private water company for alleged lack of proper water supply services here and Tayabas City and Pagbilao town in this province. Talabong, in a privilege speech on...
As the world celebrated the International Day for Biological Diversity 2023 early this year, SM Prime Holdings Inc. (SM Prime) joined the Society for the Conservation of Philippine Wetlands, Inc. (SCPW) in hosting the fourth SCPW Wetland Center Design Symposium at the MAAX Building in the Mall of...
President Ferdinand "Bongbong" Marcos Jr. will meet Australian Prime Minister Anthony Albanese during the latter's visit to Manila in September. Australian Prime Minister Anthony Albanese (Photo from Anthony Albanese Twitter) Albanese will be visiting the country from September 7 to 8. According to...
Richest Filipino Manuel B. Villar Jr. is seeking to acquire the right to develop and extend the Light Rail Transit by seven stations all the way to Silang from Bacoor, Cavite as he will not have a hard time getting the right of way for the railway. In an informal chat with media, Villar said this...
Prime Asset Ventures Inc. (PAVI), the infrastructure business of richest Filipino Manuel B. Villar Jr. has signed implementing agreements for the P3.8 billion acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation. Villar Group acquires MCX - Villar-led Prime...
Executives from Prime Asset Ventures, Inc. and Ayala Corporation meet for the signing ceremony for the MCX. Villar-led Prime Asset Ventures, Inc. (PAVI) has signed implementing agreements for its acquisition of the four-kilometer Muntinlupa Cavite Expressway (MCX) from Ayala Corporation....
The "gas aggregation" scheme being proposed by Prime Infrastructure Capital Inc. of the Razon group, will help soften electricity rates for consumers because the scheme will lessen the risk of gas plant-developers in their fuel procurements. This is according to ENEX Energy Corporation Chairman...
