SMC Goes for Clean Coal Over Renewable Energy
San Miguel Corp. is preferring to invest in clean coal-fired power plants instead of renewable energy projects for the meantime. The reason for this is the heavier cost associated with …
BPO Firm Offer PHL Nurses Jobs
Ascent, a recruitment and business process outsourcing company, is looking to convince local nurses that it is possible to acquire a well-paying job without having to leave the Philippines. The …
SM Building Football Pitch on Mall of Asia’s Roofdeck
The SM Group will be expanding the SM Mall of Asia to make room for a football pitch on its roof deck. Both SM Prime President Hans T. Sy and …
Alsons Planning Capital Call for Sarangani Plant
Alsons Consolidated Resources, Inc. is asking its shareholders, along with its Japanese partner, to inject more capital. This is to help fund the company’s second phase of its Sarangani coal-fired …
Asia Brewery & Heineken Form a Joint Venture
Asia Brewery, Inc. partnered up with Heineken International B.V. in an attempt to add more premium beer brands to their diversified beverage portfolio. The agreement between the two was signed …
Coke FEMSA Expanding Production Lines in Mindanao
Coca-Cola FEMSA Philippines, Inc. is expanding its beverage line in Mindanao. The expansion includes additional non-carbonated drinks like juices being produced within its three factories in the region. The company’s …
Trans-Asia Oil First Quarter Net Income Rose to P265 Million
Trans-Asia Oil and Energy Development Corp. managed to acquire a first-quarter net profit of P265 million. This amount is around four times greater than the year-earlier total. The surge in …
Better Airport Infrastructure Required for ASEAN Open Skies
Philippine Airlines President and COO Jaime J. Bautista revealed that improved air travel infrastructure is something that he wants to see from the next government. “With the implementation of the …
8990 Holdings First Quarter Net Income Up by 10%
8990 Holdings, Inc. achieved a double-digit increase in net profits during the year’s first quarter. The mass housing developer released a statement on Tuesday that announced its net income increase …
Globe and PLDT Back Duterte’s Call for Faster Net Services
President-elect Rodrigo R. Duterte’s calls for faster internet service are already supported by top telecommunications companies. Mr. Duterte threatened to open the industry to foreign investors if telcos fail to …