Pole line hardware manufacturer Jocelyn Forge, Inc. (JFI) has signed a retail electricity supply agreement with COREnergy, seeking lower power costs and a more reliable energy supply as manufacturers increasingly turn to competitive electricity sourcing to improve efficiency and protect margins.
The BE Group of Companies has teamed up with COREnergy, the retail electricity arm of Vivant Energy, to supply and actively manage power use across its Mabuhay Towers in Cebu Business Park and Cebu IT Park—signaling a more strategic approach to energy in two of the country’s fastest-growing commercial hubs.
The various banks accelerated their lending activity in August, driven by a steady demand for credit from key business sectors. Big banks expanded their loan portfolios by 11 percent year-on-year, picking up speed from the 10.4 percent growth recorded in July.