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NEA tells electric cooperatives to add 1.36 million more connections over 5 years

The National Electrification Administration (NEA) has tasked all 121 electric cooperatives (ECs) around the country to observe the target connection goals set out under the five-year electrification plan of the government. 

DMCI, Japan’s Marubeni collaborate in a residential condo project

DMCI Homes, the property development arm of engineering conglomerate DMCI Holdings Inc., and Japanese trading firm Marubeni Corp. have collaborated in the development of The Valeron Tower, a residential condominium rising along C5 E. Rodriguez Jr. Avenue in Pasig.

EEI signs deal with China’s Zoomlion for construction, re-fleeting requirements

EEI Corp. said Tuesday it recently signed a deal with ZL Machinery Philippines Inc. and Chinese construction machinery maker Zoomlion Heavy Industry Science & Technology Co. Ltd. to service the Philippine-listed construction company’s re-fleeting program.

Globe tower sale-and-leaseback exercise now 60% complete

Globe Telecom Inc. on Tuesday bared transferring 4,467 towers to three telecom tower companies worth P57.4 billion as of December this year. 

Advocates seek in depth Grab ph review of proposed entry into motorcycle taxis

A network of digital advocates has sought for a more thorough government evaluation of the entry of Grab Philippines into the motorcycle taxi business on fears of potential market control. 

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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