Domestic solar and storage industry poised for growth in 2025
The Philippine Solar and Storage Energy Alliance (PSSEA) is optimistic about the continued growth of solar and energy storage projects in the country, driven in part by the green energy auctions (GEA) organized by the Department of Energy (DOE). Given the third, fourth, and fifth rounds of the GEA this year, PSSEA president Jose Rafael Mendoza forecasts 2025 to be a pivotal year for the renewable energy sector.
Emperador expands into Mezcal with acquisition of Destileria Los Danzantes
Emperador Inc. has made a strategic move into the mezcal market with the acquisition of a 60 percent stake in Mexico’s Destileria Los Danzantes S.A. de C.V. for 80 million Mexican pesos (approximately P226 million).
Unlicensed investments disguise as e-commerce opportunity
The Securities and Exchange Commission (SEC) has filed a criminal complaint against New Seataoo Corp. and Seataoo Information Technology OPC for soliciting public investments without the required license. The complaint, submitted to the Department of Justice, also implicated several key individuals, including officers Anna Rose Jangao Tero, Jonathan Tuazon Garcia, and others associated with the company.
Farmer indemnity payments now cashless
The Philippine Crop Insurance Corporation (PCIC), in collaboration with GCash, has launched a new program aimed at improving the speed, security, and efficiency of indemnity payments to insured farmers. Announced on Sunday, the partnership will streamline PCIC's payout system, directly depositing indemnities into farmers' GCash wallet accounts in real-time, making the process faster and more accessible.
CCP offers cashless payments for events via GCash
The Cultural Center of the Philippines (CCP) has teamed up with GCash, one of the country’s leading mobile wallets, to offer a more convenient,...
