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No takers for rest of Iloilo project

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Senate President Franklin Drilon. INQUIRER FILE PHOTO

MANILA, Philippines—Some contractors suddenly don’t want to participate in the second phase of the Iloilo Convention Center (ICC) project, no thanks to Manuel Mejorada, Senate President Franklin Drilon said Friday. Quoting a public works official, Drilon said contractors have opted to stay away from the public bidding for phase two of the P700-million project for […]

Posted: November 22nd, 2014 in Latest Business Stories | Read More »

Special zones for power plants pushed

By
Sergio-Osmena

To deal with a potential power crisis, President Aquino should be given the power to set up special zones for power plants, and not emergency powers, Sen. Sergio Osmeña III has said.

Posted: July 23rd, 2014 in Latest Business Stories | Read More »

Liquor firm told off: ‘Hic!’ No way to use heroes’ names on brandy, rum

By
guyito

If a popular beer and gin can bear the name of an archangel, why not a brandy or rum after Jose Rizal or Andres Bonifacio? Not a chance, says Sen. Pia Cayetano.

Posted: June 19th, 2014 in Latest Business Stories | Read More »

US eyes investments in Mindanao

By ,
President Benigno S. Aquino III welcomes a high-level business delegation from the United States led by Commerce Secretary Penny Pritzker (in red) during a courtesy call in Malacanan on Wednesday. Secretary Pritzker who arrived in Manila on Monday, with and a delegation of senior American corporate executives will join the US-ASEAN Business Council in meetings with Philippine officials and business leaders as part of Washington’s efforts to strengthen partnerships with long-established trading partners like the Philippines. GRIG C. MONTEGRANDE/INQUIRER

The United States (US) is now seriously considering investing in Mindanao, Malacañang said on Wednesday.

Posted: June 4th, 2014 in Latest Business Stories | Read More »

Meralco ready to refund excess charges

By , ,
Protesters wear masks as they hold a rally at the Philippine Supreme Court to coincide with the oral arguments on the power rates hike petition of Meralco, the country's largest electric power distributor, Tuesday, Jan. 21, 2014 in Manila.  AP FILE PHOTO

MANILA Electric Co. (Meralco) yesterday said it would refund any excess amount should an order from the Energy Regulatory Commission (ERC) to recalculate electricity spot market prices cut the generation cost and other pass-on charges that it had collected from its 5.3 million customers.

Posted: March 13th, 2014 in Headlines | Read More »

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