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Fuel subsidy disbursement begins Wednesday

The Land Transportation Franchising and Regulatory Board (LTFRB) said it will start distributing fuel subsidies to operators of public transports beginning Wednesday,1 3 September to help cushion the impact of high oil prices on the sector.

SEC orders Holcim parent company to conduct 2nd tender offer

Holcim Philippines Inc. said Tuesday that its parent company, Holderfin B.V., has been directed by the Securities and Exchange Commission to hold a second...

DOE crafting smart, green grid plan

The Department of Energy (DOE) is crafting with the National Grid Corporation of the Philippines (NGCP) a smarter and cleaner power plan to ensure the seamless integration of additional renewable energy (RE) capacity into the grid.

Ovialand, BDO partners in making homeownership accessible

Property developer Ovialand has partnered with BDO Unibank Inc. in a transaction that allows morFilipinos to get the financing needed to purchase a home of their own.

House Bill addresses long-standing problems of military, uniformed personnel pension fund

The House of Representatives is set to start Tuesday floor debates on a bill that will rationalize and strengthen the problematic pension fund system for thousands of military and other uniformed personnel, including policemen, firemen, correctional officers, and coast guard personnel.

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Lawmaker urges urgent shift to E15 fuel blend to cut costs, save sugar industry

A Negros Occidental lawmaker is pushing for an immediate increase in the country’s ethanol-blended fuel from 10 percent (E10) to 15 percent (E15), calling it a “practical and timely” solution to rising fuel prices and the worsening crisis in the sugar sector.

Mead Johnson relocates to Uptown Bonifacio hub

Mead Johnson, a United Kingdom-based nutrition company, is relocating its Philippine headquarters to Uptown Bonifacio in Taguig City, underscoring continued demand for premium office space from multinational firms.

Nickel Asia subsidiary provides P4.44M for Bataan power line expansion

Jobin-SQM Inc. (JSI), part of Nickel Asia Corp.’s clean energy unit Emerging Power Inc. (EPI), has handed over P4.44 million to the Peninsula Electric Cooperative (Penelco) to fund the expansion of power lines in Bataan.

Solar irrigation brings big savings to CamSur farmers

Farmers in Camarines Sur now have a more affordable and reliable way to water their crops after the Department of Agrarian Reform (DAR) turned over P332 million worth of solar-powered irrigation systems.

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