PHILIPPINE STAR/RYAN BALDEMORTWO power generation companies under San Miguel Corp. (SMC) and Aboitiz Power Corp. (AboitizPower) will undergo post-qualification evaluation for Manila Electric Co.’s (Meralco) 600-megawatt (MW) baseload supply requirement, the power distributor announced on Tuesday.“Masinloc Power Co. Ltd. was declared the best bid after

BW FILE PHOTOTHE SECURITIES and Exchange Commission (SEC) has revoked the corporate registrations of Procap International, Inc. and Ray International Philippines Corp. following allegations of unauthorized solicitation of investments from the public.The SEC’s Enforcement and Investor Protection Department issued separate orders canceling the corporate registrations

GOTIANUN-LED Filinvest Hospitality Corp. (FHC) is aiming to add close to 2,000 new rooms in the next five years, a company official said.“We’re looking at adding close to 2,000 keys. It’s more about the quality of the keys and the spread as opposed to the

BW FILE PHOTOTHE PHILIPPINE Stock Exchange, Inc. (PSE) and the Taiwan Stock Exchange (TWSE) will collaborate on product development and market promotion to enhance their respective exchanges.PSE President and Chief Executive Officer Ramon S. Monzon and TWSE Chairman Sherman Lin led a memorandum of understanding

OFFICIAL ‘Kakakompyuter Mo Yan!’ photo from the US run of the exhibit from Developh.THE PHILIPPINES is considered one of the most online populations in the world, its citizens leading in terms of internet use based on studies by Google and Bain & Co. Despite this, the

ST Telemedia Global Data Centres (Philippines), a data center solutions provider, aims to advance its expansion plans to help position the country as the next data storage hub, a company official said on Tuesday. “Our goal is to support positioning the Philippines as a regional hub

RJ JOQUICO-UNSPLASHTHE GOVERNMENT upsized the volume of Treasury bills (T-bills) it awarded on Tuesday amid strong demand and despite mostly higher yields as investors sought to lock in better returns on expectations of rate cuts from the US Federal Reserve and the Bangko Sentral ng

FREEPIKTHE ABOITIZ group has partnered with the Cebu provincial government to implement a multiyear reforestation and watershed recovery project.The initiative, called the CarbonPH project, will begin with the greening of the Mananga-Lusaran River area, the Aboitiz group said in an e-mailed statement on Tuesday.The CarbonPH

THE QUASI-BANKING sector’s assets jumped by 10.4% as of end-June, data from the Bangko Sentral ng Pilipinas (BSP) showed. The total assets of nonbanks with quasi-banking functions rose to P170.864 billion in the first semester from P154.784 billion in the same period a year ago. Quarter on

1 of 5Female narratives on view at ARTabladoNOW on view at ARTablado in Robinsons Antipolo are works of six female artists. The exhibit, titled “Her Art, Her Story: Celebrating Women’s Narratives,” explores themes of identity, resilience, and the pursuit of dreams. The participating artists are

HUNGERFREEPHILIPPINES.ORG(Part 3)It is the hope of the officers of the Philippine Food Bank Foundation, Inc. that its modest operations would be replicated all over the Philippine archipelago, especially in those regions where the poverty rate is much higher and, therefore hunger is more widespread, especially

PNA PHOTO BY JOEY O. RAZONBy John Victor D. Ordoñez, ReporterTHE Philippine Senate should ensure that a bill that seeks to lower the income tax on both local and foreign companies would also cut the costs of micro, small and medium enterprises (MSMEs) to boost