The Cybercrime Investigation and Coordinating Center (CICC) and the Philippine National Oil Co. (PNOC) have signed a memorandum of agreement to explore the use of hybrid solar and wind energy systems for sustainable power in underserved and unserved areas across the Philippines.
SP New Energy Corp., a listed renewable energy company, is committed to complete its stock rights offering that will raise P2.82 billion in fresh equity to pursue various green energy projects and facilitate its proposed share-for-asset swap with Solar Philippines Power Project Holdings Inc.
The Philippine steel industry is targeting P1 trillion in finished steel production and 86 percent self-sufficiency by 2040 under a new industry roadmap designed to strengthen domestic manufacturing and reduce the country’s reliance on imports.
BPI AIA Life Assurance Corp. has appointed Melissa Henson as its new chief executive officer, putting an executive with nearly two decades of banking and insurance experience at the helm as the bancassurance company enters its next phase of growth.
Commission on Audit auditor Xylene Mae del Campo testified on the 14th day of Vice President Sara Duterte’s impeachment trial that samples of thousands of acknowledgment receipts for varying amounts from the Office of the Vice President and Department of Education’s confidential funds carried similar dates but were signed by different recipients and in different locations across the country. Del Campo also said DepEd disbursements were not made by an authorized officer. She said COA issued an audit observations memorandum and a notice of disallowance covering the questioned transactions, although the findings remain under appeal. Her testimony put fresh scrutiny on the paper trail behind the confidential funds.