Business Events F.E.S.T.

60-themed visual attractions highlight SM’s 60th year

  SM launched its 60th Anniversary celebrations by lighting up the iconic Mall of Asia globe, and with it, starting off a series of exciting 60 themed visual attractions, fun experiences, and interactive activities for its customers from May to October in SM malls nationwide. The SM story began in 1958 when founder Henry Sy, […]

Business

AboitizPower unit launches first rooftop solar project

THE AboitizPower’s new rooftop solar unit recently inaugurated its first project, highlighting its entry into this small-scale market segment while expanding its already diverse Cleanergy portfolio. The new unit, AboitizPower Distributed Energy Inc. (APX), began operating the 100-kilowatt installation on top of the Aboitiz and Co. office in Cebu City in March and has since […]

Business

Innovative training firm opens in Lipa City

By BALIKAS News Team Passion + Profession. NEWLY-opened training firm in Lipa City, EIC Training and Consultancy Services, aimed at providing companies with relevant, up-to-date capsule trainings in educational, industrial and corporate settings was launched recently to cater a particular market. Sessions are presented by seasoned professionals with experience in both Philippine and ASEAN markets […]

Business

Napocor completes rehab, energizes Calapan-Puerto Galera line in Mindoro

CITY OF CALAPAN, Or. Mindoro — THE National Power Corporation (Napocor) on Saturday energizes the 69 kV Calapan – Puerto Galera transmission line in Oriental Mindoro, improving the reliability of power dispatch in the province. Witnessing the switch-on, Department of Energy (DOE) Undersecretary Wimpy Fuentebella stressed the importance of strengthening infrastructure facilities to ensure resiliency […]

Business Science & Technology

4Ps gets training on mango processing

By JOHN MAICO M. HERNANDEZ MEMBERS of Pantawid Pamilyang Pilipino Program (4Ps) of Brgy. Namunga, Rosario, Batangas have more reasons to love mangoes after learning mango processing technology through the DOST Batangas’ conduct of training held at Tan Ville Resort and Hotel, Rosario, Batangas, May 8. Mango is one of the different fresh fruits that […]

Business Science & Technology

Patapong bahagi ng “Queen Pineapple,” magandang gawing patuka para sa katutubong manok

By ROSE ANNE M. AYA % OFELIA F. DOMINGO* MAAARING magamit ang balat, pinagtanggalan ng mata, ubod, at sapal ng “Queen Pineapple” bilang patuka sa katutubong manok. Ang patuka ay tinatawag na Queen Pineapple (QP) Bran. Ang QP Bran ay nakapagpapalusog sa katutubong manok. Ito ay kasing husay ng Rice Bran o darak mula sa […]

Business

AboitizPower ends first quarter 2018 with P4 billion profit

THE Aboitiz Power Corporation recorded for the first quarter of 2018 a 9% year-on-year (YoY) decrease in its consolidated net income, from P4.4 billion (bn) to P4.0 bn. The Company recognized non-recurring foreign exchange losses on the revaluation of dollar denominated liabilities amounting to P1.2 bn (versus a non-recurring loss of P577 million (mn) during the first quarter of 2017) resulting […]

Business News

PSA: CALABARZON’s economy accelerates in 2017; higher GRDP than GNDP

By JOENALD MEDINA RAYOS STO. TOMAS, Batangas – VIEWING the 2017 economy of the country, CALABARZON’s economy remains very robust and positioned to be the most promising region with 6.7% growth in 2017, higher that the recorded 4.8% growth in 2016, the Philippine Statistics Authority (PSA) reported Thursday, April 26. CALABARZON, comprised by the provinces […]

Business

Aboitiz 2018 spending to exceed P77 billion

Bulk of capex to go to power and food  Aboitiz Equity Ventures (AEV), along with its strategic business units (SBUs), aims to spend a total of P77.6 billion in capital expenditures (capex) this year as it continues to advance business and communities amid vibrant growth opportunities at home and abroad. “In 2018, our outlook remains […]

Business News

Creditors of closed Batangas bank have 2 weeks to file claims against bank’s assets

By JOENALD MEDINA RAYOS  LIPA City — IT’S not yet over for the creditors of the closed Lipa City-based Empire Rural Bank as the bank regulator and receiver Philippine Deposit Insurance Corporation (PDIC) has set on May 7, 2018 to file claims. The PDIC has reminded the creditors that that they only have until such […]