Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
PetroGreen and Mapua partner for Davao rooftop solar project
PetroGreen and Mapua partner for Davao rooftop solar project.....»»
Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
Cebu lampposts case: SC clears DPWH execs, contractor of graft
The Supreme Court acquitted three former officials of the Department of Public Works and Highways (DPWH) and a private contractor of graft charges in relation to the installation of allegedly overpriced lampposts during the 2007 Association of Southeast Asian Nations (Asean) summit held in Cebu. In a 22-page decision promulgated on Oct. 11, 2023, but made public only.....»»
Contractor, worker buried in Ilocos Sur landslide
Rescuers recovered the bodies of a sub-contractor from Benguet and one of his workers, who were buried in a landslide in a construction site in Sugpon, Ilocos Sur on Tuesday......»»
PetroWind supplies power to Panay
PetroWind Energy Inc., a joint venture between Yuchengco-led PetroGreen Energy Corp., EEI Power Corp. and BCPG Public Co. Ltd. of Thailand, continues to ramp up its clean energy projects......»»
Japanese firm to double stake in REDC
Japanese conglomerate Tokai Corp. will double its equity exposure in Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp......»»
Japanese boxers to add flare in Kumbati 16 slugfest
CEBU CITY, Philippines — Top-caliber Japanese boxers spice up the undercard bouts of the upcoming “Kumbati 16” fight card of the Omega Sports Promotions on January 26, 2024, at the plush NUSTAR Resort and Casino, here. The Japanese pugs will be headed by Keita Kurihara, who is on a mission to dethrone the reigning Oriental.....»»
Mobile phones top most financed unit
Mobile phones top most financed unit.....»»
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»
Jollibee invests more in Titan Dining
Filipino-owned Asian food conglomerate Jollibee Foods Corp. has expanded its investments Titan Dining Partners Ltd., which manages Titan Dining LP, the private equity fund which owns the Tim Ho Wan brand and company-owned Tim Ho Wan stores......»»
Jollibee invests $28 million in beverage tech firm
Filipino-owned Asian food conglomerate Jollibee Foods Corp. is investing $28 million for a 10 percent stake in beverage technology company Botrista Inc. to support the growth of its coffee and tea business......»»
Creador invests P4 billion into Asialink
Creador, a prominent Southeast Asian private equity firm, has invested P4 billion in Asialink Finance Corp., a leading lender to small and medium enterprises......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»
NGCP starts fixing damage on UN Avenue underground cable
MANDAUE CITY, Cebu – Personnel of the National Grid Corporation of the Philippines (NGCP) on Tuesday checked the underground cable, the 138 kilovolts line, that was accidentally damaged by personnel of a contractor of the Visayan Electric. But NGCP foreman Arnold Rebutazo said that they will still have to excavate the affected area to determine.....»»
Gwen orders to halt Cebu BRT construction in heritage buffer zones
CEBU CITY, Philippines — Gov. Gwendolyn Garcia has ordered proponents of the Cebu Bus Rapid Transit (BRT) to halt civil works near Fuente Osmeña and the Capitol building for heritage protection purposes. Garcia has issued a memorandum, addressed to the Cebu BRT Team and the contractor, Hunan Road and Bridge Construction Group Ltd., to cease.....»»
Portion of Osmeña Blvd. closed due to skywalk removal
CEBU CITY, Philippines —A portion of Osmeña Blvd. was ‘temporarily closed’ from the corner of Fuente Osmeña Circle to the Arlington Pond intersection starting Thursday, Feb. 15, 2024. This closure is due to the presence of concrete cracks and falling debris from the Fuente skywalk, as the contractor is removing roofings and railings. With the.....»»
Envi group urges Senate to probe Samal-Davao bridge project
DAVAO CITY (MindaNews / 15 January) – The Sustainable Davao Movement has called on the Senate to investigate the implementation of the Samal Island-Davao City Connector (SIDC) project due to the ties of the government’s winning contractor, China Road and Bridge Corporation (CRBC), to the China Communications Construction Company Limited (CCCC), which the United States government blacklisted in […].....»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»
DoubleDragon unit Hotel101 Global readies US listing
Hotel101 Global Pte. Ltd., the Singapore-headquartered subsidiary of DoubleDragon Corp., has firmed up its planned listing in the United States through a merger with a special purpose acquisition company JVSPAC Acquisition Corp......»»
TIIC taps Vivant unit for additional solar capacity
Cebu-based manufacturing firm Treasure Island Industrial Corp. has partnered with Corenergy, a subsidiary of Vivant Energy Corp., to boost the solar generation capacity of its packaging division by 729.3 kilowatt peak......»»