Korean company plans power plant in Iloilo
By Nestor P. Burgos Jr.
A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.

A South Korean power company is eyeing to build a $22-million (P895.84 million) biomass power plant in Iloilo that is expected to boost the supply of energy on Panay Island.

Diversified conglomerate San Miguel Corporation will reopen the Nonoc nickel mine with a new US$2.5 billion refinery, in a deal that is only awaiting the approval of President Aquino.

Three Cebuano-based businessmen will be filing charges against the Aman Futures Group Philippines Inc. in the hope of getting back the P100-million they said they invested in the company.

Retired school supervisor Cristituto Potayre of Pagadian City had hoped to triple his hard-earned retirement pay after 30 days when he invested in a scheme ran by Pasay-based Aman Futures Group Phils. Inc.

Giant mall operator SM Prime Holdings is so bullish about Mindanao consumers, whom it considers power buyers, that it plans to build five more malls on the island within the next four years.

Some four decades ago, Patricio Amadeo drove a jeepney for a living in his hometown in Iloilo City. While he feels it was an “honest and noble job,” an experience he himself is proud of, his hand-to-mouth way of life was difficult for his family.

At least 40 anti-mining governors would challenge before the Supreme Court the Aquino administration’s mining policy upon its signing by President Aquino, Albay Governor Joey Salceda said.

The Plant Quarantine Service of the Department of Agriculture has certified that 312 packing plants belonging to two major banana exporter groups have passed the quality standards set by the Chinese government.

President Benigno Aquino on Monday told banana exporters reeling from the stringent rules imposed on their product by China not to put all their eggs in one basket and to diversify their market.
President Benigno Aquino on Friday lauded the semiconductor and electronics industry for its contribution to the Philippine economy despite the decline in the global demand for its products.
DAVAO CITY—The Anflocor Group of Companies, which is owned by the Floirendo family, announced that it would build a P2.7-billion international container terminal in Panabo City in Davao del Norte. Alexander Valoria, Anflocor president and chief executive officer, said the company had finalized a deal with Aboitiz Construction last week for the project, which will [...]
Despite the rains, local government executives here welcomed the delegates to the 22nd Ad Congress that is being held for the first time in the Bicol region.