PNOC eyes 20-MW rooftop solar systems
STATE-RUN Philippine National Oil Co. (PNOC) is looking to set up rooftop solar photovoltaic (PV) systems with a capacity of up to 20 megawatts (MW) through its partnership with government agencies.“This year, maybe we will only have modest 1.5 MW,
Food inflation and agribusiness
Last week, the Philippine Statistics Authority (PSA) reported the country’s inflation rate for September 2024 and it was low at 1.9% compared to the 6.1% in September 2023. Good news indeed. See the following related reports in BusinessWorld: “Inflation falls
Aboitiz Construction bags contracts with APRI, Cemex Holdings
ABOITIZ Construction, Inc. has secured maintenance contracts with AP Renewables, Inc. (APRI), a geothermal energy producer, and Cemex Holdings Philippines, Inc., a cement manufacturer. The construction company’s three-service agreement for APRI, which began in September, covers routine and outage maintenance works
2GO Group, DoT partner to upskill tourism frontliners
FACEBOOK.COM/2GOTRAVEL2GO Group, Inc., a transportation and logistics provider and subsidiary of the Sy-led company SM Investments Corp., has partnered with the Department of Tourism (DoT) to support the Filipino Brand of Service Excellence (FBSE) program.The DoT’s flagship initiative aims to
Gov’t revenue seen taking hit from House capital reform bill
DOF.GOV.PHTHE Department of Finance (DoF) said on Monday that the House of Representatives version of a capital markets reform bill could result in a P140 billion reduction in government revenue over four years, further limiting the fiscal space available.Finance Assistant