Corporate Bulletins
Sinar Mas and First Gen form strategic geothermal alliance
PT DSSR Daya Mas Sakti (DSSR), a subsidiary of PT Dian Swastatika Sentosa Tbk (DSSA) under Indonesia’s Sinar Mas Group, has entered into a joint venture agreement with PT FirstGen Geothermal Indonesia, a subsidiary of the Philippines-based Energy Development Corporation (EDC), part of First Gen Corporation.
Jollibee, DepEd roll out industry-based senior high curriculum
The Jollibee Group has formalized an agreement with the Department of Education (DepEd) to co-develop a specialized Quick Service Restaurant (QSR) curriculum for senior high school (SHS) students under the Technical-Vocational-Livelihood (TVL) track.
Peninsula Manila Goes Green with MPower Deal
MPower, the retail electricity arm of Manuel V. Pangilinan-led Meralco, has signed a new renewable energy supply contract with The Peninsula Manila, marking a major step in the five-star hotel’s decarbonization strategy.
Mastercard names new Asia Pacific president
Mastercard has announced a significant leadership transition in its Asia Pacific operations, with Ari Sarker stepping down as president, Asia Pacific, at the end of 2025. After over a decade in the role, Sarker will assume an advisory position, focusing on strategic initiatives and mentoring to ensure a smooth handover.
CSC secures first mining infra contract
Concrete Stone Corp. (CSC), a key player in the precast concrete industry, has signed a P22 million contract with Dinapigue Mining Corp. (DMC), a subsidiary of Nickel Asia Corp. (NAC), to supply 750 concrete tetrapods for a port facility at NAC’s nickel mine in Isabela.
