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Media miss possible conflict of interest in Comelec deal

THE COMMISSION on Elections (Comelec) and the joint venture led by South Korean firm Miru Systems Co. Ltd. signed on March 11 a PHP17.9 billion contract for the lease and use of the.....»»

Category: newsSource:  inquirerRelated NewsMar 16th, 2024

Comelec grants P18-billion election contract to Korean-led consortium

MANILA, Philippines — The Commission on Elections (Comelec) has approved a nearly P18 billion contract to lease an automated election system for the 2025 midterm polls to a joint venture led by the controversial South Korean company Miru Systems Co. Ltd. Comelec Chair George Garcia announced the decision on Thursday, stating that the poll body unanimously.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

Manila Water sells stake in Bulacan units to SMC

Razon-led Manila Water Co. Inc. is divesting its stake in two Bulacan joint venture corporations for P1 billion to a subsidiary of San Miguel Corp. as it focuses on other activities outside the East Zone concession......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

PETValue Philippines Recycles 1-B PET Bottles, Seeks to Forge More Partnerships to Build on Sustainability milestone

PETValue Philippines, the country’s first bottle-to-bottle, food-grade recycling facility, celebrates a landmark achievement of 1 billion PET bottles recycled—underscoring the impact of strong collective action toward a fully circular economy. A joint venture between Coca-Cola Beverages Philippines, Inc. (CCBPI) and Indorama Ventures, a global sustainable chemical company, PETValue gives limitless life to clear PET plastic […].....»»

Category: newsSource:  metrocebuRelated NewsMay 10th, 2024

PETValue Philippines Recycles 1 Billion PET Bottles, Seeks to Forge More Partnerships to Build on Sustainability milestone

PETValue Philippines, the country’s first bottle-to-bottle, food-grade recycling facility, celebrates a landmark achievement of 1 billion PET bottles recycled—underscoring the impact of strong collective action toward a fully circular economy. A joint venture between Coca-Cola Beverages Philippines, Inc. (CCBPI) and Indorama Ventures, a global sustainable chemical company, PETValue gives limitless life to clear PET plastic […].....»»

Category: newsSource:  metrocebuRelated NewsMay 9th, 2024

Willie Revillame officially returns to TV5

TV host Willie Revillame has officially returned to TV5 for a new "joint venture.".....»»

Category: entertainmentSource:  philstarRelated NewsApr 29th, 2024

2025 automated polls hang as court may stop VCM use

The Commission on Elections might not be able to hold automated elections in May 2025 if the court stops the use of vote counting machines to be manufactured by the joint venture led by Korean firm Miru Systems Inc......»»

Category: newsSource:  philstarRelated NewsApr 10th, 2024

Security Bank to form joint venture with Mitsubishi

Security Bank Corp. has partnered with Japan-based Mitsubishi Motors Corp. to offer financing services to automobile customers in the Philippines......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Ayala Corp cold storage JV to start construction on massive facility

GMAC Logitech Refrigeration Corporation, the cold storage joint venture between Ayala Corp [AC 675.00 ?1.2%] and private cold storage player Glacier Megafridge, announced it would break ground in a few weeks on a new 11,798-pallet position temperature-controlled facility in Panabo City, Davao del Norte......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Landmark power joint venture to cost $3.3 billion

Energy powerhouses Meralco PowerGen Corp. (MGen), Aboitiz Power Corp. and San Miguel Global Power Holdings Corp. (SMGP) have forged a $3.3-billion deal to help boost the country’s energy security and make affordable power accessible to more consumers......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Upper Wawa Dam project now 93% complete

WawaJVCo Inc., a joint venture led by ports and casino tycoon Enrique Razon, has moved a step closer in completing its planned Upper Wawa Dam project, touted as the largest water supply dam to be constructed in the country in over 50 years......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

MVP: Tollways listing still possible this year

Tycoon Manuel V. Pangilinan is hoping there would be no delays in the planned listing of a mega tollways joint venture company with San Miguel Corp.......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

First Common Man Coffee to open at Ayala Triangle

Jollibee Foods Corp. has incorporated a joint venture company called FCJB Foods Inc. to bring Tiong Bahru Bakery and Common Man Coffee Roasters in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

PH, France to start VFA talks in May

The Philippines and France might start talking formally next month about a Visiting Forces Agreement (VFA). This agreement would let their militaries do joint exercises in the Philippines. Ambassador Marie Fontanel, the top French diplomat in Manila, said at a briefing on Thursday that they’re currently drafting the agreement and getting ready for negotiations, possibly.....»»

Category: newsSource:  inquirerRelated NewsApr 27th, 2024

What’s gov’t’s next move on peace talks resumption?

At the start of December 2023, I wrote in this space that “an atmosphere of optimism pervaded the nation.” It was spurred by the joint announcement by the government and the National Democratic Front of the Philippines (NDFP) of an agreement to return to peace negotiations, possibly to begin in the first quarter of 2024......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court

In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024