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First Gen puts up Jollibee Group’s largest solar panel

The Jollibee Group, through its subsidiary Zenith Foods Corp., has tapped the expertise of First Gen Corp., through Pi Energy Inc., to energize one-third of the food chain’s manufacturing facility with solar-powered electricity......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Education Cha-cha

The Vice President has publicly opposed Cha-cha mode through the controversial people’s initiative......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

No lottery in PBA draft

A plan to hold a special no-order, computer-generated lottery for PBA draft applicants who would’ve been eligible to join at least four years earlier isn’t pushing through after all. According to PBA commissioner Willie Marcial, any change in format will require approval from the Board of Governors and for the moment, the guidelines for the draft on July 14 remain the same as before, meaning the order will follow the reverse standings of the teams the previous season unless slots are traded......»»

Category: sportsSource:  philstarRelated NewsApr 12th, 2024

BGR traded to TNT

TNT beefed up its frontline ahead of tomorrow’s PBA Season 48 Philippine Cup tipoff by acquiring Brandon Ganuelas-Rosser through a three-team trade that also involved Blackwater and NLEX......»»

Category: sportsSource:  philstarRelated NewsFeb 26th, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

ACEN expands US presence

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Xurpas aims to become top AI enabler in Philippines

Listed technology company Xurpas Inc. is embracing artificial intelligence (AI) through its new AI and data science unit, Xurpas AI Lab (XAIL)......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Sudan is on course to become the world s worst hunger crisis, with children already dying, UN says

Sudan is on course to become the world s worst hunger crisis, with children already dying, UN says.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

‘Cemex will remain a listed company’

The Consunji Group has no intention to delist cement maker Cemex Holdings Philippines Inc. (CHP) in the Philippine Stock Exchange following its $305.6 million acquisition......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

PCC clears Aboitiz purchase of local Coca-Cola company

The Philippine Competition Commission has cleared the Aboitiz Group’s acquisition of Coca-Cola Beverages Philippines Inc., paving way for the closing of the transaction by the end of the month......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Dito wants to capture 20 percent of market

Telco newcomer Dito Telecommunity Inc. has set its sights on cornering up to 20 percent of the market for mobile users, as the company shifts its focus from network expansion to customer acquisition......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Stocks move in step with Asia-wide rally

Local stocks recovered yesterday, moving in step with Asian peers, ahead of US inflation data that could influence the Federal Reserve’s thinking on rate cuts, while the crypto world got a boost after exchange-traded funds to track Bitcoin were approved in the United States......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

DMCI eyes entry into cement business

The Consunji Group is looking to diversify into a new industries, with the cement business among those being considered through a potential acquisition of Cemex Holdings Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

LMG Corp starts trading today with new par value

Shares of LMG Corp will be halted for the first hour of trading to allow traders to evaluate the change in the par value of the company’s common stock from P1.00/share to P0.10/share......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Military hubris at play in envi activists’ case

They’re still at it. Intent on getting even with the two young women who had publicly exposed their lies, militarists in the armed forces are now questioning why the Supreme Court has ordered their protection......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Green groups urge CHR to probe red-tagging by military, SMNI

A coalition of environmental defenders called on the Commission on Human Rights (CHR) to condemn an Army battalion and the Sonshine Media Network International (SMNI) for publicly accusing their network of having ties with communist rebels......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

Chicago Rideshare Drivers Stage Strike, Limiting OHare Trips – The Daily Guardia

Title: Rideshare Drivers Plan Strike for Better Wages, Safety, and Protection Date: [Insert Date] Word Count: 384 (Company Name), (Company Name), and (Company Name), three.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 14th, 2024

Lisa ng Blackpink naglunsad ng sariling artist management company

ISA na namang miyembro ng K-Pop girl group na Blackpink ang nagtayo ng sariling label company. Sa isang Instagram post, ibinandera ni Lisa ang kanyang black and white picture na nakasuot ng tuxedo at kasabay niyan ay inanunsyo niya na may sarili na siyang artist management company. Tinatag niya ang “LLOUD” bilang paraan upang lumikha.....»»

Category: newsSource:  inquirerRelated NewsFeb 9th, 2024

MRC Allied buys 31% stake in Rappler

MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler Holdings Corp, which is the parent company of the Rappler news company......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024