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Cold storage industry capacity to grow by 8% in 2024

Local cold storage capacity is expected to grow by at least eight percent this year to around 750,000 metric tons, driven by higher storage demand for food items, according to the Cold Chain Association of the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Monde Nissin earmarks P7.2 billion for capex to boost capacity

Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

CNPF to expand capacity after new deal with Vita Coco

Century Pacific Food Inc., the Po family’s listed food and beverage firm, is poised to invest $40 million to expand its capacity after securing a fresh long-term contract with US-headquartered The Vita Coco Co. Inc......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Philippines, German central banks partner on capacity-building

The central banks of the Philippines and Germany have formalized their partnership on capacity-building through the signing of a memorandum of understanding......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Filinvest to double capacity of solar project in Misamis

A power unit of Filinvest Development Corp. will expand the capacity of its solar project in Misamis Oriental following a wider land allocation from its lessor......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Century Pacific expanding solar power capacity at GenSan plant

Century Pacific said that it is getting ready for the March 2024 switch-on of its solar power capacity expansion at its General Santos plant......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Tulfo’s bill seeks to impose stricter penalties for drunk drivers

MANILA, Philippines — A bill seeking to impose stricter penalties for drunk drivers, including a fine of up to P1,000,000, has been filed by Senator Raffy Tulfo. At present, the current law penalizes drunk drivers who caused homicide with a fine ranging from P300,000 to P500,000. But Tulfo, through his Senate Bill No, 2546, proposed.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Biz Bureau surpasses 43-K permit renewals

The Davao City Business Bureau has achieved a significant milestone by processing over 43,000 business permit renewals as of January 29, 2024, surpassing last year's numbers. Maribel Paguican, the Head of the Business Bureau, revealed this accomplishment in a radio interview on January 30, 2024. She highlighted the bureau's performance, stating that they had already exceeded the previous year's figures by 270 renewals. Despite the positive outcome, Paguican acknowledged that they are still short of reaching the 46,000 permits issued the previous year. With approximately 2,890 renewals remaining, including 291 applicants considering retirement, the bureau anticipates around 2,599 renewal applicants. Paguican emphasized the upcoming retirement deadline on January 31, urging business owners to comply to avoid penalties ranging from P1,000 to P5,000. She also advised on the required documentation for retirement, emphasizing the importance of submitting the necessary paperwork to facilitate the process......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Traslacion in CDO: from 110,000 last year to only 18,000 devotees this year 

CAGAYAN DE ORO (MindaNews / 11 January) –  A parish priest here blamed tight police security for the sharp drop in attendance during the Traslacion or the procession of the Black Nazarene here last Tuesday, with only 18,000 attendees compared with last year’s 110,000.  Monsignor Rey Monsanto, parish priest of Our Lady Fatima Parish in Barangay […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Meralco reminds public of electrical safety tips this Holy Week

Electric concessionaire Meralco said that its personnel will attend to the needs of its customers during Holy Week despite its offices being closed from Maundy Thursday to Black Saturday......»»

Category: newsSource:  philstarRelated NewsMar 25th, 2024

Unlikely heroes take charge as Ginebra, NorthPort down Phoenix, Meralco

Birthday boy Ralph Cu waxes hot from beyond the arc to lift Barangay Ginebra past Phoenix, while JM Calma delivers the goods for NorthPort against Meralco.....»»

Category: newsSource:  rapplerRelated NewsMar 10th, 2024

Meralco rates up in March billing

Energy utility provider Manila Electric Co. (Meralco) has increased electricity rates this March by P0.0229 per kilowatt-hour, marking the third increase this year. .....»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Herndon, Dom Fajardo also lauded in NLEX squeaker vs Meralco

NLEX star Robert Bolick tipped his hat to role players Robbie Herndon and Dom Fajardo for providing the spark in the Road Warriors’ 99-96 escape act against the Meralco Bolts in their PBA Philippine Cup clash Wednesday night......»»

Category: sportsSource:  philstarRelated NewsMar 7th, 2024

‘Unselfish’ Meralco nails maiden win in Philippine Cup

Meralco banks on a balanced attack of six players scoring in double figures as it overcomes Rain or Shine in overtime.....»»

Category: newsSource:  rapplerRelated NewsMar 2nd, 2024

Sedurifa leads Meralco to PBA 3x3 Season 3 title

Sedurifa leads Meralco to PBA 3x3 Season 3 title.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

Singil sa kuryente magtataas ngayong Pebrero, ayon sa Meralco

TATAAS nanaman ang singil sa kuryente ngayong Pebrero! Ayon sa power distributor na Manila Electric Co. (Meralco), asahan na madaragdagan ng P0.5738 kada kilowatt-hour (kWh) ang binabayarang kuryente. Ang ibig sabihin niyan, ang overall electricity rate ay papatak ng P11.9168 kada kWh ngayong buwan. Ang residential customers na kumukunsumo ng 200kWh kada buwan ay may.....»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2024

Meralco taps fresh import

Only one game is left in Meralco’s schedule before ending its EASL season against the Seoul SK Knights at the Jamsil Students Gymnasium tomorrow night and even as the Bolts are out of contention for a Final Four slot, coach Luigi Trillo brought in a new import 6-9 Alioune Tew to team with 6-7 Shonn Miller for the last stand......»»

Category: sportsSource:  philstarRelated NewsFeb 6th, 2024

MVP Group dominates 20th Philippine Quill Awards

It was a triumphant night for the MVP Group of Companies, encompassing leading entities such as Light Rail Manila Corp., Manila Electric Co., Maynilad Water Services Inc., PLDT, Smart Communications Inc., Makati Medical Center, Maya, Metro Pacific Dumaguete Water Services Inc., Metro Pacific Tollways South Management Corp., Metro Pacific Investments Corp., Meralco – One Meralco Foundation and Metro Pacific Investments Foundation, as its member companies secured a staggering total of 87 awards at the 20th Philippine Quill Awards, organized by the International Association of Business Communicators......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024