The Philippine Competition Commission (PCC) has cleared the planned energy deal with First Gen Corp., giving the power firms the regulatory go-ahead to form...
First Gen Corp., the listed power generation arm of the Lopez Group, has finalized a deal to sell a 60 percent stake in its Batangas-based natural gas businesses to Prime Infrastructure Capital Inc., owned by tycoon Enrique Razon.
Prime Infrastructure Capital Corp. (Prime Infra) affirmed the assured completion of its 2,000 MW pumped storage hydro (PSH) projects awarded under the Department of Energy’s (DOE) third Green Energy Auction (GEA3), representing nearly one-third of the 6,680.887 MW capacity offered.
First Gen Corp., the power generation arm of the Lopez Group, said it expects to finalize within two to three months a deal to sell a 60 percent stake in its natural gas business to Prime Infrastructure Capital Inc., owned by billionaire Enrique Razon Jr.
The Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB) has alerted the public to widespread haze across several key regions, including the National Capital Region, Central Luzon, CALABARZON, MIMAROPA, and portions of Central Visayas. Monitoring and weather assessments link the condition to smoke from ongoing fires in Kalimantan, Indonesia, carried to the country by prevailing winds.
Many aspiring business owners look far and wide for the next big concept, but some of the most promising opportunities lie right within familiar culture, traditions, and communities.
AirAsia MOVE (MOVE), the all-in-one travel booking platform, has secured official accreditation from the International Air Transport Association (IATA) in the Philippines — a milestone set to expand flight choices and streamline booking for Filipinos traveling home or abroad.
Motorists traveling between Pulilan, Bulacan and San Fernando, Pampanga on the North Luzon Expressway (NLEX) will not pay toll fees beginning September 2, as the government and NLEX Corporation move to ease severe traffic congestion caused by flooding at Tulaoc Bridge in San Simon, Pampanga.