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Russia firm eyes building pipeline plant in Bataan

A Russian company expressed interest to the Board of Investments (BOI) to construct a pipeline coating facility in the Philippines, the Department of Trade and Industry (DTI) said on Friday, in another indiction of the country’s increasing attractiveness to foreign investors. According to Trade Secretary Ramon Lopez, Igor Shaporin, BT SVAP LLC’s chairman of the [...] The post Russia firm eyes building pipeline plant in Bataan appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes manilatimesDec 22nd, 2017

AboitizPower sets P62-B capex for 2018

Aboitiz Power Corp. has earmarked P62 billion for capital expenditures this year as it sees the commissioning of more than 500 megawatts of generating capacity in coal-fired and hydro power assets. In a briefing, AboitizPower president and chief operating officer Antonio R. Moraza said this was the bulk of the P77-billion capex that parent firm Aboitiz Equity Ventures (AEV) had set for 2018. Moraza said more than half of the P62 billion was set aside for subsidiary Therma Power's super-critical coal fired power plant in Dinginin, Bataan. GNPower Dinginin Ltd. Co., a joint venture with the Ayala group's AC Energy as well as the Greece-based Power Partner group, is building a 668-...Keep on reading: AboitizPower sets P62-B capex for 2018.....»»

Category: newsSource:  inquirerRelated NewsMay 21st, 2018

Russia firm eyes investment in Philippines

MANILA, Philippines — A Russian company is planning to put up the first pipeline coating facility in the Philippines, making the country its production hub f.....»»

Category: financeSource:  philstarRelated NewsDec 23rd, 2017

Bataan Eyes to Plant 1M Trees

Provincial Government of Bataan launched Monday a project that challenges residents to plant and grow one million trees. “1Million Trees for 1Bataan aims to encourage Bataeños to plant more trees and help the province in empowering environmental responsiveness,” Governor Albert Raymond Garcia said. It is being implemented in partnership with Department of Environment and Natural […].....»»

Category: newsSource:  metrocebuRelated NewsSep 15th, 2018

PFF President Nonong Araneta reveals exciting times ahead for Philippine football

Mariano “Nonong” Araneta is pumped up for Philippine football, and it's easy to see why. The Philippine Football Federation president has divulged exciting details of the federation's plans to develop the national training center in the San Lazaro Leisure Park in Carmona, Cavite. Plus the Azkals are also getting ready for a busy few months ahead. Araneta is keen on ramping up the federation's partnership with the Manila Jockey Club in SLLP, where the FIFA Artificial Turf Pitch is situated. Already a training ground for youth national teams and club sides, Araneta says that lighting towers will soon be installed that will permit nighttime play. “We are just waiting for AFC because the lights will be bidded out,” Explains Araneta. “Hopefully they will be installed by the end of the year.” The lights will feature an intensity of 900 lux, more than the accepted 800 lux minimum for televised matches. The lights will complement the hundreds of new seats that have already been put in place around the pitch. But that is only the tip of the iceberg when it comes to what the PFF has planned for Carmona. “We have spoken to Manila Jockey Club about transferring our headquarters there,” says Araneta. “We are ready to start the bidding and construction.” The PFF is planning to purchase a 3000 sqm parcel of land within the San Lazaro Leisure Park and build a complex with dormitories, classrooms for coaching and referee courses, and a gym. “The funds are ready, initially we will be getting US$1.5 Million from FIFA,” says Araneta, who says the federation will be selling their current building in Pasig to help fund the move. But Araneta says that another option is available, to buy a different 2000 sqm plot of land beside the artificial pitch that is separate from the 3000 sqm parcel. There a grandstand could be constructed, transforming the pitch into a stadium. The headquarters could then be situated under the seating while the other site houses the dorms, classrooms, and gym. More fields are also in the pipeline in the training center. Araneta says that two artificial turf mini-pitches measuring 40 by 20 meters will be made right beside the main pitch. These will also be lighted and can accommodate recreational play and festival competitions. Incredibly, there will be yet another pitch in the training center, a natural grass regulation field within the Manila Jockey Club's racetrack. “That is for our national teams so that if they are set to play on grass, they can train there,” explains Araneta. The middle of the racetrack already has a grass area where football is played. Manila Jockey Club and PFF have yet to decide if the new grass pitch will be a brand new one or if the current surface will be improved. “We want our activities to be there,” declares Araneta. “We have already had coaching seminars there. Schools can also use our facilities. The pitch is there to be used not to be seen,” he adds with a chuckle. Araneta is a former national team player himself and is also optimistic about the near future with the Azkals. The squad is facing two big tournaments in the coming months: the AFF Suzuki Cup in November and December and their maiden appearance in the AFC Asian Cup in January 2019. Araneta says the Azkals will travel to Bahrain during the September FIFA window to play a Bahraini club side, likely on Sept 7, before tangling with the Bahrain national team on September 11. There will also be a FIFA window in October, and Araneta says the Filipinos can enjoy at least one friendly at home. Araneta hopes that Rizal Memorial will still be available before it gets spruced up in preparation for the country's hosting of the 2019 SEA Games. “Our fans will get to watch our new team,” said the president with evident pride. Crunch time begins in November, with the Azkals in a five-team round-robin group with a new home-and-away format. The Philippines will host Singapore in Bacolod's Panaad Stadium on November 13 before playing either Brunei or Timor Leste away four days later. The two ASEAN minnows will square off in a two-legged qualifying series in September to to determine who makes the group stage. On November 21 the Azkals entertain Thailand in Panaad in what promises to be a mouthwatering contest, before closing their group stage against Indonesia, probably in Jakarta, on November 25. The semis will run from December 1 to 6, with the two-legged finals being held on the 11th and 15th. After a quick Christmas break the team jets off to the Middle East on December 26, where final preparations for the Asian Cup will commence in earnest. There are plans to play in Qatar against either a club team or their national side, and then perhaps a game in Kuwait before the team goes to the United Arab Emirates. The group schedule is as follows: January 7 against Korea Republic in Dubai, January 11 versus China in Abu Dhabi, then January 16 against Kyrgyzstan in Dubai. The top two will advance to the knockout round, but the Philippines can also sneak through as one of the better third-placers. But the senior national team isn't the only competition Pinoy football fans can focus on this year. The boys U15 national team were in action while the U16 girls play in an AFC competition. The U19 men also played in the AFF U19 Championship, where they beat Singapore 2-1. The senior ladies team also notched a win against the Lion City in their AFF tournament. Araneta says the very successful PFF Women's League from last year will be run again, and that the PFF also plans a youth league. Both will be partly funded by FIFA. Of course the Philippines Football League will continue, with a League and Cup phase. The realization of these plans will be one of the achievements of Araneta's presidency. Another will be his membership in the 33-person FIFA Council, which acts as a board of directors of the organization. Araneta was recently in Russia to watch the 2018 FIFA World Cup along with other council members. Araneta is one of six Asians in the FIFA Council, alongside members from China, Malaysia, Korea Republic, Bahrain, and Bangladesh. He is the first Filipino to serve in this level of leadership in FIFA. The Barotac Nuevo, Iloilo native freely explains the benefit the country can enjoy from this connection. According to Araneta “we have firsthand information on funding, and the Philippines is part of the body that will decide on what's best for football.” He says that in the next cycle of FIFA funding he might be able to acquire an additional US$ 2 million for the development of the training center. The PFF President also enjoys the inside track when it comes to acquiring development funds from the Asian Football Confederation, since he also serves as the Chairman of the AFC Finance Committee. “All budgets pass through us. We know the funding, the revenues. We know when to ask for projects. Like the lights in Carmona, that was approved by the AFC development committee,” continues Araneta. But being part of the FIFA Council is not all glitz and glamor, confesses Araneta. He mentioned a recent Council meeting in Bogota, Colombia, that necessitated an arduous 33-hour trip through Europe for a stay that lasted just two days. Sometimes deliberations in FIFA meetings can stretch for as long as six hours. Immediately after the Bogota confab he jetted off to Kuala Lumpur, Malaysia, for another meeting. “It's no joke,” says Araneta, who is 64 years old. But the former striker and defender has no complaints and reveals his motivation to keep on going at the job. “I went to the Youth Football League. I visited the Allianz National Youth Futsal Invitational. You see the kids playing there, you see kids play everywhere. The enthusiasm of the players is what keeps me going.” - RELEASE.....»»

Category: sportsSource:  abscbnRelated NewsJul 18th, 2018

Gov t eyes nuke plant in Cagayan ecozone

Energy Sec. Alfonso Cusi. FILE PHOTO/JOSEPH VIDAL/PRIB The Department of Energy is working with a South Korean firm to look into the possibility of putting up a 100-megawatt nuclear power plant in.....»»

Category: newsSource:  philippinetimesRelated NewsJun 7th, 2018

Philippines eyes nuclear revival

All quiet here: Torres walking past the Bataan Nuclear Power Plant during a tour of the compound in Morong town, Bataan province. -- Reuters ........»»

Category: newsSource:  philippinetimesRelated NewsMay 24th, 2018

Cebu power firm building Palawan plant

A Cebuano energy firm launched its second hybrid power plant in Palawan. Cebu power firm building Palawan plant Cebu City – A Cebuano energy firm launched Tuesday its second hybrid power plant in Palawan. Source link: Cebu power firm building Palawan plant.....»»

Category: newsSource:  manilainformerRelated NewsApr 26th, 2018

Construction foreman falls to his death

ROXAS CITY, Capiz – A 55-year-old foreman of a construction firm fell to his death morning of Jan 10, 2018 at Alvarez Subdivision, Barangay 10 here. Police identified the victim as Rostico Cerna of Hermosa, Bataan City who worked as a construction foreman in a building in Pueblo de Panay here. An investigation indicated that […] The post Construction foreman falls to his death appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJan 11th, 2018

Bishop warns vs Russia-PH pact to build nuke plants

A Catholic bishop warned that the agreement with Russia to develop a nuclear energy infrastructure in the country would not be beneficial to the country.   Balanga Bishop Ruperto Santos said the partnership, which would also look into the possibility of constructing land-based or floating nuclear power plants, would just be another "white elephant."   "It will be useless and will be another example of a white elephant as the Bataan Nuclear Power Plant (BNPP) was," the prelate said.   The bishop was reacting to the Department of Energy's partnership with Russia's State Atomic Energy Corp. Rosatom to develop the country's nuclear power infrastructure. ...Keep on reading: Bishop warns vs Russia-PH pact to build nuke plants.....»»

Category: newsSource:  inquirerRelated NewsNov 18th, 2017

Taiwan firm eyes plastic plant

Taiwan firm eyes plastic plant.....»»

Category: financeSource:  thestandardRelated NewsSep 28th, 2017

‘I think it was Russia’ – CNN News

President-elect Donald Trump said for the first time Wednesday he believes Russia was responsible for hacking ahead of the election but contemptuously rejected allegations that Moscow mounted a campaign to compromise him. In his first news conference since winning the election, a combative Trump made clear he will not mute his style when he is inaugurated in nine days. He lashed out at media and political foes alike in a bravura performance. The Trump Tower press conference confirmed the President-elect's deep desire to quickly assert power once he's sworn in. He insisted on moving speedily &'8212; too speedily for some Republicans in Congress &'8212; to replace Obamacare. He also pledged swift action on building a wall along the border with Mexico and nominating a new Supreme Court justice. But it's also clear Trump will take office amid persistent questions about his relationship with Russia. While Trump was at the podium, his nominee to become secretary of state, Rex Tillerson, faced tough questions on Capitol Hill about whether the incoming administration will view Russia with sufficient skepticism. At the news conference, Trump finally conceded he believes Russian President Vladimir Putin's intelligence agencies were behind hacks on Democratic computers ahead of the election but argued that wouldn't happen again. &'8220;I think it was Russia,&'8221; Trump said. Putin &'8220;should not be doing it. He won't be doing it. Russia will have much greater respect for our country when I am leading it than when other people have led it.&'8221; Trump, who has vowed to improve relations with Russia despite some Republican opposition, said he did not know if he would get along with Putin and noted it's possible he won't. But he could not resist a swipe at his defeated Democratic election rival, Hillary Clinton. &'8220;Do you honestly believe Hillary would be tougher on Putin than me?&'8221; he asked. He added that Russia is not the only nation that hacks US targets and accused Democrats of not having sufficient cybersecurity programs. The news conference opened with the incoming White House press secretary, Sean Spicer, slamming a &'8220;political witch hunt&'8221; following reports that Russian operatives claim to have compromising personal and financial information about Trump. Vice President-elect Mike Pence also criticized the media before introducing Trump, who kept up his criticism of US intelligence. &'8220;I must say that I want to thank a lot of the news organizations here today because they looked at that nonsense that was released by maybe the intelligence agencies,&'8221; Trump said. He said any such move by the agencies would be a &'8220;tremendous blot on their record.&'8221; &'8220;A thing like that should never have been written, it should never have been had and it certainly should have never been released,&'8221; Trump said. The news conference follows exclusive reporting by CNN on Tuesday that classified documents presented last week to President Barack Obama and Trump included the allegations about Russia. The allegations were presented in a two-page synopsis that was appended to a report on Russian interference in the 2016 election and drew in part from memos compiled by a former British intelligence operative, whose past work US intelligence officials consider credible. Intel chiefs presented Trump with claims of Russian efforts to compromise him 01:38 The FBI is investigating the credibility and accuracy of these allegations, which are based primarily on information from Russian sources, but has not confirmed many essential details in the memos about Trump. The news conference, delayed from December, was scheduled for Trump to outline how he will address questions about possible conflicts-of-interest related to his vast business empire. Trump appeared beside a large pile of files he claimed were pertinent to the companies that are going to be placed in a trust to be run by his sons. He reiterated that he doesn't plan to release his tax returns, saying they are under audit and don't include relevant information After taking a handful of questions, Trump turned the event over to Sheri Dillon, an attorney who was on hand to discuss Trump's business interests. She said Trump planned to put in place a structure that will &'8220;completely isolate him from the management of the company.&'8221; &'8220;He further instructed that we build in protections that will assure the American people that the decisions that he makes and the actions he takes as President are for their benefit and not to support his financial interests,&'8221; she said. Trump will place all his financial and business assets in a trust, Dillon said. The Trump Organization, meanwhile, will not enter into any new deals abroad and all domestic deals will be subject to a heavy vetting process. The firm will also appoint a new ethics officer, she said. The President-elect has also terminated a number of deals set to close shortly, a step that had cost him millions of dollars, she said. Dillon argued that the decision had been made not to put all Trump's assets in a blind trust or to divest of all his assets because it would be impractical. She also said that Trump should not be forced to destroy the business that he had built up. &'8220;President Trump can't unknow he owns Trump Tower,&'8221; Dillon said, explaining why a blind trust would not be a workable solution to addressing conflicts of interest issues while he is President. Dillon said Trump would take other actions to avoid the appearance of a conflict over the Emoluments Clause [&'].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJan 12th, 2017

Finland firm eyes construction of $200M rubber plant in Mindanao

Finland firm eyes construction of $200M rubber plant in Mindanao.....»»

Category: financeSource:  philstarRelated NewsJan 10th, 2017

Local firm eyes $250-M Leyte steel mill project

MANILA, Philippines – A company formerly engaged in mining in Leyte is proposing to develop a steel mill plant in the province with an investment of $250 mil.....»»

Category: financeSource:  philstarRelated NewsNov 30th, 2016

Polish firm opening $2-M manufacturing plant

MANILA, Philippines – A $2-million manufacturing facility, the first ever industrial project of Poland in the Philippines, has started operations in Bataan......»»

Category: financeSource:  philstarRelated NewsOct 11th, 2016

Economy: DoE eyes building 200-MW plant as backup facility

THE Department of Energy (DoE) is looking at building a 200-megawatt (MW) plant that runs on liquefied natural gas (LNG) as a backup facility that can be run during times of supply shortage, which recently happened when several power plants went on a forc.....»»

Category: financeSource:  bworldonlineRelated NewsAug 16th, 2016

NOW Corp blames DICT s Rio for drop in shares, eyes charges

MANILA, Philippines – The messy spat between publicly-listed firm NOW Corporation and Information and Communications Technology Secretary Eliseo Rio Jr raged on, with the former leaning toward more legal battles. In a statement released on Monday, October 15, NOW Corporation linked the dip in its share prices to Rio's statements ........»»

Category: newsSource:  rapplerRelated NewsOct 15th, 2018

FAO, PDRF eyes more disaster-resilient Filipino communities

11 October 2018 – The ever-increasing threats from climate change, evidenced by the increasing severity and frequency of disasters, require concerted efforts to build and strengthen resilience of communities in countries most vulnerable and at-risk from disasters, like the Philippines. In response to this challenge, and to mark the International Day for Disaster Reduction on 13 October, the Food and Agriculture Organization of the United Nations (FAO) and the Philippine Disaster Resilience Foundation (PDRF) have signed today a Memorandum of Understanding that will enable collaborations on emergency response, preparedness, mitigation and building livelihood resilience......»»

Category: newsSource:  kagay_anRelated NewsOct 11th, 2018

Korean firm likely to bag Malaya power plant contract

Korean firm Soosan ENS Co. Ltd. was the lone bidder for a yearlong contract to operate and maintain the 650-megawatt Malaya Thermal Power Plant in Rizal, according to the Power Sector Assets and Li.....»»

Category: newsSource:  philippinetimesRelated NewsOct 3rd, 2018

Korean firm lone bidder for Malaya plant

Korean firm lone bidder for Malaya plant.....»»

Category: financeSource:  thestandardRelated NewsOct 2nd, 2018

Workplace messaging startup Slack eyes 2019 IPO – report

WASHINGTON, DC, USA – Workplace collaboration software firm Slack is actively preparing for a share offering in early 2019, which be the largest in the tech sector since Snap's debut last year, The Wall Street Journal reported Friday, September 28. Citing unnamed sources, the newspaper said Slack is aiming for ........»»

Category: newsSource:  rapplerRelated NewsSep 28th, 2018