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Aboitiz to bid for VisMin power production deals

Screengrab from www.aboitiz.com

Aboitiz Power Corp. plans to bid for the government-managed contracted capacities of at least three power facilities in Visayas and Mindanao, as part of the company’s move to tap privatization opportunities in the power sector.

Posted: September 13th, 2014 in Headlines,Latest Business Stories | Read More »

Indonesian palm oil firm eyeing massive plantation in Mindanao

SCREENGRAB from www.musimmas.com

PT. Musim Mas, the second largest palm oil processor in Indonesia, is eyeing to set up a palm oil plantation and possibly, a refinery in Mindanao, as part of its plans to further expand in the region.

Posted: September 13th, 2014 in Headlines,Latest Business Stories | Read More »

Help Mindanao ‘catch up,’ Aquino tells businessmen

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Benigno-Aquino-07282014

Vowing to transform Mindanao from a “land of promise to a land of promises fulfilled,” President Benigno Aquino III on Monday urged businesses to help the region develop.

Posted: September 8th, 2014 in Latest Business Stories | Read More »

Power shortage feared amid PSALM cash woes

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psalm

Warning that the precarious power supply situation in the country could turn into an outright crisis if it loses funds due to a garnishment order by a local court, Power Sector Assets and Liabilities Management (PSALM) Corp. has warned partners against releasing the state firm’s receivables and bank deposits to any third party.

Posted: August 27th, 2014 in Headlines,Latest Business Stories | Read More »

Mindanao businessmen demand more power plants

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FILE PHOTO/PILILLAONLINE.COM

The Philippine Chamber of Commerce and Industry (PCCI)-Southwestern Mindanao chapter pushes for additional power plants to resolve the long-standing power crisis in Mindanao.

Posted: August 6th, 2014 in Latest Business Stories | Read More »

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