Energy Development Corp. (EDC), the country’s largest producer of geothermal energy, may invest as much as $375 million—roughly P15.4 billion at the prevailing exchange rate—for the expansion of power projects in Luzon and Mindanao.
Mapalad Power Corp. of the Alcantara group has pulled all stops to ramp up operations of the mothballed Iligan diesel-fed power facility in time for the national elections on May 13.
Publicly listed A Brown Co. Inc. plans to put up 12 power projects that will generate a total of 110 megawatts of “peak” capacity for electricity-starved Mindanao.
FDC Misamis Power Corp., a unit of the Gotianun group’s Filinvest Development Corp., is investing P30 billion to put up a 405-megawatt thermal power plant at the Phividec Industrial Estate in Misamis Oriental.
Batan island in the province of Batanes is so remote that one has to time his or her trip on weeks that a typhoon or any weather disturbance for that matter is not expected.
BAGUIO CITY, Philippines—A probinsyano (someone who grew up in the province) understands the needs of a fellow probinsyano. This has been the mantra of GoshenLand Capital Inc., a Baguio-based real estate company that has been attracting niche markets in its developments in the summer capital and nearby regions in northern Luzon. Lawyer Alexander [...]
Aboitiz Power Corp. is on track to completing P35 billion worth of projects in Mindanao, which can deliver over 300 megawatts of much-needed power to the electricity-starved island by 2015.
A repeat of the power crisis in Mindanao in the summer months this year and in 2014 is very likely, according to the government think-tank Philippine Institute for Development Studies.
With a population of less than 30,000 but with a yearly income of almost P200 million, this town in Nueva Ecija called Pantabangan, made famous by the 36-year-old hydroelectric and irrigation dam, can only be a prosperous town.
The Subic Bay Freeport Chamber of Commerce (SBFCC) has expelled a United States Navy contractor from membership in the chamber after a Senate investigation showed that it was liable for dumping sewage into Philippine waters.
Government foresters said gold producer Philex Mining Corp. is criminally liable for building a road through a Benguet watershed without securing proper clearances like an environmental compliance certificate (ECC).
It was supposed to be a secret but the presence of Senate President Juan Ponce Enrile had to be explained.
