FIRSTGEN.COM.PHBy Sheldeen Joy Talavera, ReporterLOPEZ-LED First Gen Corp. is allocating a lower capital expenditure (capex) budget for next year as it will be focusing on geothermal activities, its president said.“Next year, we will have a relatively smaller capex program. Maybe roughly around…P35 billion,” First Gen

I am deeply humbled and greatly honored by this recognition for my work, both in the public and private sectors, by the most prestigious business and management organization in the country. Thank you very much, MAP.Allow me to briefly share my life in public service,

SAN MIGUEL CORP. (SMC) confirmed its acquisition of 7,000 hectares on Bugsuk Island in Balabac, Palawan, noting that the titles predate the 1997 Indigenous Peoples Rights Act and no certificate of ancestral domain title exists for the properties.SMC acquired the properties “through the purchase of

Paul Mescal plays Lucius in Gladiator II from Paramount Pictures.By Brontë H. Lacsamana, ReporterMOVIE REVIEWGladiator IIDirected by Ridley ScottMTRCB Rating: R-16RIDLEY SCOTT’S Gladiator II is a grand, entertaining spectacle. The opening credits scene is a thing of beauty, the animated sketches and score serving as

PHILIPPINE STAR/ RYAN BALDEMORVice-President Sara Duterte went ballistic, launching her biggest missile at President Bongbong Marcos (BBM), First Lady Lisa Marcos, and Speaker Martin Romualdez. In a pre-dawn online news conference the other Sat-urday, she said, “I have spoken to someone. I said, ‘If I

MONETARY POLICY transmission in the Philippines remains “weak,” as seen in the muted movements in actual bank lending rates compared to the changes to the Bangko Sentral ng Pilipinas’ (BSP) policy rate, the ASEAN+3 Macro-economic Research Office (AMRO) said.AMRO said in a special chapter of

UNSPLASHTERRA SOLAR Philippines, Inc. (TSPI), a subsidiary of SP New Energy Corp. (SPNEC), has tapped Power Construction Corp. of China Ltd. (Power China) for the construction of a portion of the P200-billion solar and battery energy storage project.TSPI signed an engineering, procurement, and construction (EPC)

There are three phrases that I regularly read used in the continuing opposition by health activists and lobbyists over the excess PhilHealth (Philippine Health Insurance Corp.) funds.One is “defunding PhilHealth.” “Defunding” means that a budget is slashed from xx billions to zero. This is not

CEMEX PHILIPPINES FACEBOOK ACCOUNTCEMEX Holdings Philippines, Inc. (CHP) has completed the sale of its shares in a foreign subsidiary.The payment for the sale of all CHP shares in Falcon Re Ltd. to Torino Re Ltd. was completed on Nov. 29, the cement producer said in

THE VALERON TOWER -- DMCIPROJECTS.NETBy Almira Louise S. Martinez, ReporterCONSUNJI-LED developer DMCI Homes, Inc. is eyeing to launch two to three more projects in 2025, according to its president.“If sales are very good, we will launch maybe two or three more projects,” DMCI Homes President

THE PHILIPPINE PESO could hit the P60-per-dollar level in the first half of 2025, DBS Bank said.In a recent report, DBS said the local unit could settle at P60 against the greenback from the first quarter to the second quarter of 2025.It then expects the

Dusit Thani ManilaIDC Prime, Inc., a subsidiary of real estate developer Italpinas Development Corp., has partnered with Thai hospitality group Dusit International to develop two new upscale hotels in Northern Mindanao.IDC Prime signed agreements with Dusit Thani Public Co. Ltd. and Dusit Thani Philippines, Inc.