First Gen expects boost from geothermal assets
LOPEZ-LED First Gen Corp. expects its investments in geothermal assets to enhance its generation portfolio and potentially boost its earnings next year, its president said.Francis Giles B. Puno, president and chief operating officer of First Gen, said that the company
The Philippine justice system is malfunctioning
ORIGINAL PHOTOS FROM FREEPIKPresident Ferdinand Marcos, Jr. remains firm in his stand that he will not allow the International Criminal Court (ICC) to investigate the “war on drugs” of former president Rodrigo Duterte. He maintains that the Philippines can resolve
EVs to make up less than 10% of total vehicle sales this year — CAMPI
REUTERSTHE Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) expects that electric vehicles (EVs) will not reach 10% of total vehicle sales in the Philippines this year despite increasing demand, its president said.EVs have so far captured 4% of
Dissecting the popularity of leisure-oriented developments
THE PANDEMIC has highlighted the need for greener, more open spaces. This is a major reason why property firms now offer bigger spaces, whether for condominium or horizontal developments. These projects are classified as upscale and luxury developments based on
CitySavings sees better margins on lower rates
CITY SAVINGS BANK, Inc. (CitySavings), the thrift banking subsidiary of listed Union Bank of the Philippines, Inc. (UnionBank), expects its margins to improve this year as borrowing costs are expected to come down.“What we’re also looking forward to is the