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K-Water inches closer to bagging Angat plant deal

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Korea Water Resources Corp. (K-Water), the leading water resources and power firm in South Korea, on Thursday signified its agreement to the water protocol governing the operations of the 246-megawatt Angat hydropower plant in Bulacan.

Posted: April 19th, 2013 in Headlines | Read More »

Trans-Asia inks deals with 2 Ayala firms

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Phinma-led Trans-Asia Oil and Energy Development Corp. has signed separate agreements with two units of the Ayala group.

Posted: April 19th, 2013 in Headlines | Read More »

Rehab of banana plantations set

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A rare cloud formation is seen amid destroyed banana plantation four days after typhoon Pablo rendered extensive damage to agriculture at Montevista town, Compostela Valley, on Dec. 8, 2012. Sumifru Banana Corp., Land Bank of the Philippines and banana growers in areas hard-hit by Pablo are set to sign a tripartite agreement to rehabilitate affected banana plantations in Davao Oriental and Compostela Valley, Agriculture Secretary Proceso Alcala said on Friday, Jan. 4, 2013.  AP/BULLIT MARQUEZ

Japanese firm Sumifru Banana Corp., Land Bank of the Philippines and banana growers in areas hard-hit by Typhoon “Pablo” are set to sign a tripartite agreement to rehabilitate affected banana plantations in Davao Oriental and Compostela Valley.

Posted: January 6th, 2013 in Latest Business Stories | Read More »

PH to receive largest assistance fund from S. Korea

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The Philippines and South Korea are set to sign an agreement that will cover an P11.21-billion irrigation project during the 45th Asian Development Bank (ADB) Annual Meeting of the board of governors in Manila.

Posted: April 27th, 2012 in Headlines | Read More »

Alcantara firm inks deals with 2 electric co-ops

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Sarangani Energy Corp., a subsidiary of the Alcantara Group’s Alsons Consolidated Resources, has forged agreements with two electric cooperatives in Mindanao to help ensure adequate and stable electricity supply in Agusan del Sur and Davao del Norte.

Posted: March 7th, 2012 in Headlines | Read More »

ERC to speed up approval of power supply deals

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The Energy Regulatory Commission (ERC), in a bid to avert power outages in Mindanao, has committed to fast-track the approval of electricity supply agreements and contracts as these are critical to increasing the volume of electricity that can be made available for distribution on the island.

Posted: January 23rd, 2012 in Headlines | Read More »

Visayas stands to gain from Philippine trade deals

Philippine trade agreements are expected to push the export sales of Western Visayas to $27.9 million by the end of 2011, according to the Department of Trade and Industry.

Posted: August 11th, 2011 in Latest Business Stories | Read More »

Napocor strikes deal with 39 power co-ops

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State-run National Power Corp. (Napocor) has forged power supply agreements (PSAs) with 39 electric cooperatives, ensuring the continued and stable supply of electricity in remote areas. In a statement posted on its website, Napocor said it signed earlier this month agreements with members of the Association of Isolated Electric Cooperatives Inc., which are customers of [...]

Posted: August 10th, 2011 in Headlines | Read More »

11 Cabinet secretaries sign Integrity Pledge

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Eleven members of the Aquino Cabinet have signed the Integrity Pledge, effectively joining a private sector-led effort to institute control measures to help curb corruption in the country.

Posted: July 20th, 2011 in Latest Business Stories | Read More »

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