December 27, 2018

3 Lopez companies cited at ASR Rating 2018

By Lenie Lectura – December 26, 2018 from Business Mirror THREE Lopez companies earned big wins at the recently concluded Asia Sustainability Reporting (ASR) Rating 2018. Conglomerate First Philippine Holdings (FPH) was awarded the platinum rank, while its subsidiary, leading […]
December 26, 2018

PSALM debt payments hit P600B by mid-2018

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The scale of debt payments and settlement of financial obligations by state-run Power Sector Assets and Liabilities Management Corporation (PSALM) reached a whopping P599.64 billion in the […]
December 26, 2018

Ayala to keep majority stake in Kauswagan power plant

By Myrna M. Velasco – December 25, 2018, 10:00 PM from Manila Bulletin The investment arm of the Ayala group intends to retain majority stake in its 540-megawatt Kauswagan coal-fired power project in Lanao del Norte when the time comes […]
December 26, 2018

Phoenix Petroleum, CNOOC joint LNG project close to securing DOE permit

By Lenie Lectura – December 26, 2018 from Business Mirror THE partnership between Phoenix Petroleum and China National Offshore Oil Corp. (CNOOC) for a planned liquefied natural gas (LNG) import terminal and power plant is one step closer to securing […]