27 C
Manila
Wednesday, September 19, 2018
Home Business Companies

Companies

AGI plans to spend P240-billion capital expenditures through 2020

ALLIANCE Global Group Inc. (AGI), the holding firm of businessman Andrew L. Tan, on Tuesday said it will spend P240 billion in capital expenditures...

Dubai firm interested to partner with PNOC to build PHL’s LNG hub

LLOYDS Energy Group of Dubai has expressed interest to submit soon a solicited proposal to the Philippine National Oil Co. (PNOC) for a partnership...

PetroSolar gets BOI okay for Tarlac solar project

PETROSOLAR Corp. (PetroSolar) has secured from the Board of Investments (BOI) a Certificate of Registration for its 20-megawatt (MW) Tarlac-2 Solar Power Project located...

Hyundai sales down 8.7% in August

HYUNDAI Asia Resources Inc. has yet to recover from its slow performance this year, as the firm’s sales declined 8.7 percent in August. In a...

 Cebu Pacific restarts operations at Tuguegarao Airport to aid in Ompong relief

THE Philippines’s leading airline, Cebu Pacific, resumed operations at the Tuguegarao Airport on Tuesday, September 18, to aid in relief efforts following the damage...

Clark Marriott Hotel holds grand opening

THE first five-star hotel in the Clark Freeport is now open to the public after its grand opening on Friday. Clark Marriott Hotel, owned by...

ANI to import 2 MMT of rice yearly

LISTED agriculture firm AgriNurture Inc. (ANI) is set to import as much as 2 million metric tons (MMT) of rice annually, starting next year,...

Ayala looking at becoming logistics juggernaut

AYALA Corp. is dreaming to become one of the country’s leaders in logistics, after the acquisition of the last-mile delivery system of Zalora and...

Oil prices up again 

OIL companies raised prices of petroleum products for the sixth consecutive week, reflecting movements in the world oil market. Gasoline products will go up...

AboitizPower may join government’s L.N.G. project

ABOITIZ Power Corp. (AboitizPower) is looking at the possibility of joining the liquefied natural gas bandwagon, a top official said on Monday. Chief Operating Officer...

N.G.C.P. restores 3 transmission lines downed by Ompong

THE National Grid Corp. of the Philippines (NGCP) on Monday said it has restored three transmission lines and expects full restoration of all affected lines next...

I.C.T.S.I. creates logistics community in Ecuador

THE Ecuadorian unit of International Container Terminal Services Inc. (ICTSI) has created Comunidad Logística del Puerto de Guayaquil, a logistics community in the terminal...

DOE certifies 2 more power projects as ‘nationally significant’

THE Department of Energy (DOE) has certified two more power projects as “Project of National Significance” under Executive Order (EO) 30. On September 11 the agency approved...

ABS-CBN studio experience store seen boosting company earnings

THE newly opened studio experience store—similar to a small and enclosed theme park attraction—of ABS-CBN Corp. is expected to boost the company’s revenues amid...

AboitizPower in discussion with 2 firms interested to buy 8.8...

ABOITIZ Power Corp. (AboitizPower) is hoping to sell its 8.8-megawatt (MW) biomass-power plant operated by its wholly owned subsidiary Aseagas Corp. (Aseagas) this year. AboitizPower Chief...

Rockwell sells half of P6.2-B Aruga Mactan, Cebu, residential project

ROCKWELL Land Corp., the property development arm of the Lopez Group, said it has already sold half its residential units in Aruga Resort and...

Fullerton Health local units acquire $40-M loan from IFC to improve...

FOUR months after Fullerton Healthcare Corp. Ltd. (Fullerton Health) entered the domestic market, its local subsidiaries Fullerton Health Philippines Holdings Corp. and Fullerton Health...

Kuya J launches franchise program 

TO further expand its footprint nationwide, casual-dining bistro Kuya J Restaurant has launched its franchise program, giving potential franchisees a chance to own an...

DOJ okays filing of estafa charges vs Indonesian bizmen

THE Department of Justice (DOJ) has approved the filing of syndicated estafa charges against Indonesian businessmen headed by Shadik Wahono and four others for allegedly...

SNAP to complete water-based solar project in Magat Dam, Isabela

SN Aboitiz Power Group (SNAP) is targeting to complete in early-2019 a water-based, solar-power project in Magat Dam in Isabela. SNAP President and CEO Joseph...