October 12, 2018

5 more firms want to partner with PNOC for 1st LNG hub

By Lenie Lectura – October 12, 2018 from Business Mirror MORE firms have expressed interest to partner with the Philippine National Oil Co. (PNOC) to develop the country’s first liquefied natural gas (LNG) facility. PNOC President Reuben Lista said five […]
October 12, 2018

Razon firm to provide electricity to Iloilo

By Lenie Lectura – October 12, 2018 from Business Mirror RAZON-LED More Minerals Corp. (MMC) is set to provide electricity in Iloilo following the grant of its legislative franchise to operate electricity distribution service. The House of Representatives voted on […]
October 12, 2018

MRC Allied to reorganize, consolidate assets

By Lenie Lectura – October 12, 2018 from Business Mirror MRC Allied Inc. (MRC) said it will undergo a reorganization by consolidating all of its assets. It told the stock exchange on Thursday that the appointment of Augusto Cosio Jr. […]
October 11, 2018

PSALM registers P26-billion forex losses due to weak peso

By Myrna M. Velasco – October 10, 2018, 10:00 PM from Manila Bulletin State-run Power Sector Assets and Liabilities Management Corporation (PSALM) registered swelling foreign exchange (forex) losses of roughly P26 billion in the first six months of this year […]