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First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
The grip of worry
In the corridors of power in Russia, a curious anecdote about Soviet Premier Leonid Brezhnev and his mother unfolds......»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»
Fuel price hike next week
As travel peaks for the Holy Week, hefty fuel prices are expected......»»
Insurance penetration rate slips further to 1.6 percent
The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
First Gen to upgrade, expand Casecnan plant
Lopez-led First Gen Corp. is expanding and upgrading the Casecnan hydroelectric power plant after taking over the facility last month......»»
Shares gain anew on rate cut hopes
The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»
Oil price hike expected this Holy Week
Oil firms are expected to implement an increase in pump prices on Holy Tuesday, March 26......»»
World Poetry Day: Here are some notable Cebuano poets
Today, the world celebrates the beauty of poetry as we acknowledge the mighty power of the pen and commemorate the people who notably held it. As we recall Western literary geniuses like William Shakespeare and Edgar Allan Poe, what better way to celebrate this annual holiday as a Cebuano than to recognize some writers of.....»»
Davao Region crime rate drops by 13.05%
THE Police Regional Office (PRO-Davao) has reported a significant 13.05 percent decrease in the crime rate across the Davao Region from January to February 2024 compared to the same period last year......»»
Xinhua world economic news summary at 0900 GMT, March 18
BEIJING -- Global new energy passenger car sales are predicted to exceed 39 million units by 2030, said a report obtained during the China EV100 Forum 2024 concluded Sunday in Beijing. That will mark a penetration rate of almost 50 percent, rising from the nearly 20 percent in 2023 with the sales of over 13 million units, according to the report issued by China EV100, a new energy vehicle (NEV) industry think ta.....»»
US Officials Warn of New Axis of Evil With China at the Fore
WASHINGTON - U.S. military and defense officials are increasingly concerned that as China and Russia forge ever stronger ties, they might attempt to challenge Western unity and eventually alter the balance of power on the world stage.The commander of U.S. forces in the Indo-Pacific told lawmakers on the House Armed Services Committee that the evolving relationship between Beijing and Moscow is a "big portion" of.....»»
1,182 Aklan households ‘graduate’ from 4Ps
At least 1,182 household-beneficiaries of the Pantawid Pamilyang Pilipino Program in Aklan “successfully graduated” from the 4Ps this month, the Department of Social Welfare and Development reported yesterday......»»
DSWD, Ibajay LGU build Child Development Center for kids of ex-rebels
The Department of Social Welfare and Development (DSWD) and the Ibajay local government unit (LGU) have initiated the construction of a Php1.7 million-worth Child Development Center (CDC) in Barangay Cabugao, Ibajay in Aklan province that will benefit the children of former rebels now residing in the resettlement site. DSWD Undersecretary for Inclusive-Sustainable Peace and Special […].....»»
‘Person with this ability’: PWDs in Aklan town earn from making Nito products
Woody Francisco says that the mission of the PWD Balete Association is to give the PWD sector in their municipality a sustainable source of livelihood.....»»
Global conference on research slated
The National Association of Public Secondary Schools of the Philippines Inc. will hold the first International Conference on Research Culture Management in Basic Education on Jan. 26 to 28 in Boracay Paradise Garden Resort and convention Center, Mangayad, Manoc-Manoc, Boracay Island, Malay, Aklan......»»
Biz Leaders Welcome Coal-Fired Power Plant Expansion in Toledo City to Prevent Outages
Business stakeholders in Cebu welcomed the expansion project of a coal-fired power plant in Toledo City as a way to prevent outages that happened in Aklan early this year. They said that concerns about the environment will be “outweighed” by the economic benefits that will come with more power supply considering the dwindling reserves in […].....»»
Ati-Atihan Festival: Gun ban imposed in Kalibo
A weeklong suspension of permits to transport and carry firearms will be imposed in Kalibo, Aklan as part of the security preparations for the Ati-Atihan Festival......»»
DA provides over P11 million for ASF-affected hog growers in Aklan
This financial assistance is given to backyard raisers to help them recover from the African swine fever outbreak in the province.....»»