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PSALM warns of power outages in Davao del Norte, Compostela Valley

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The Management Association of the Philippines (MAP) has again urged the government to be more aggressive in implementing measures to avert a looming power shortage of as much as 500 megawatts. FILE PHOTO

The provinces of Davao del Norte and Compostela Valley could soon face blackouts due to an impending disconnection as the Davao del Norte Electric Cooperative, Inc. (Daneco) that has been serving them has failed to settle obligations of more than P500 million, the Power Sector Assets and Liabilities Management (Psalm) Corp. said.

Posted: June 5th, 2014 in Latest Business Stories | Read More »

Nadecor faction, mining partner take venture to next level

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A faction of Nationwide Development Corp. (Nadecor) and foreign partner St. Augustine Gold and Copper Ltd. Wednesday took to the next level their joint venture to develop the King-king deposit in Compostela Valley.

Posted: September 4th, 2013 in Headlines | Read More »

Aboitiz accepting donations for ‘Pablo’ victims

The Aboitiz Group, led by the Aboitiz Foundation, is now accepting donations for victims of supertyhoon ‘‘Pablo” which devastated parts of Mindanao last week.

Posted: December 13th, 2012 in Latest Business Stories | Read More »

‘Pablo’ farm damage at P11.23B; bananas hit hardest

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International Finance Corp. (IFC), the private sector funding arm of the World Bank, is working with partners to design new insurance products that aim to protect Filipino farmers against costly typhoon-related losses.  AP/BULLIT MARQUEZ

Damage to agriculture due to Typhoon “Pablo” has reached P11.23 billion as of Dec. 10, 2012, the Department of Agriculture (DA) reported Tuesday.

Posted: December 12th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Storm-stricken banana farmers seek gov’t help

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SMALL banana growers in the Davao del Norte and Compostela Valley provinces are asking for government assistance after their farms were severely damaged in the wake of a supertyphoon.

Posted: December 8th, 2012 in Headlines | Read More »

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  • Biz Buzz: The real score
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