Meralco unit, South Korean firm team up for hybrid service

Meralco Industrial Engineering Services Corp. (Miescor) has partnered with Seochang Electric Communication Co. Ltd. to establish an on-grid hybrid power service. Both companies aim to develop a sustainable energy network by utilizing and optimizing used electric vehicle (EV) batteries that are suitable for local electric distribution facilities while determining ways to provide clean and reliable […]

Green, secure, affordable power: Ricky Razon’s MORE taps clean energy from EDC

Iloilo City residents will soon enjoy a stable source of clean energy with ultra bilyonaryo Enrique Razon-led More Electric and Power Corp. signing a 20-megawatt (MW) mid-merit supply from Energy Development Corp. The five-year power supply deal, which starts on July 25, will come from EDC’s Unified Leyte Geothermal Power Plant, one of the company’s […]

Enrile claps back at GMA for calling Bongbong a dictator’s son: Bibit Duavit, other ‘owners’ got ‘immensely’ rich after taking over Channel 7 from Bob Stewart  

Former defense minister  Juan Ponce Enrile called GMA News a liar for branding his ex-boss, former President Ferdinand E. Marcos (FEM) a dictator. The 98-year old incoming chief presidential legal counsel of President-elect Bongbong Marcos (BBM) claimed the truth is GMA’s “owners”, one of whom was an executive in FEM’s administration, actually benefited from FEM’s […]

Megawide soars 28% after court junks anti-dummy case

Megawide Construction (MWIDE) of bilyonaryo Edgar Saavedra has got its mojo back after winning a court case. MWIDE topped the charts on June 29 as its stock jumped 28 percent to P4.65 with P21.8 million total trades. MWIDE has soared 47 percent since disclosing its court victory on June 28 after plunging for nearly two […]

Think tank calls on BBM to restart NAIA rehab

Infrawatch PH, an infrastructure-oriented thinktank, is urging President-elect Ferdinand “Bongbong” Marcos Jr. to make the rehabilitation of the Ninoy Aquino International Airport (NAIA) part of his priority infrastructure projects in his first 100 days in office. “There is no quibbling around it: one of the original sins of the previous administration has been the cancelation […]

End of an era: BDO’s top economist Jonas Ravelas transferring to software firm

BDO Chief Market Strategist Jonathan Ravelas has resigned from the country’s biggest bank for a post at an accounting software company. Ravelas will be working at e-Methods for Business Management Corp. (EMBM) starting July 1 as a consultant on financial services and strategy. “Jonathan brings in a wealth of knowledge, experience and relationships that entrepreneurs, […]

Tugade meets with incoming DOTr chief Jaime Bautista

Outgoing Department of Transportation Secretary Art Tugade has met with his successor, former Philippine Airlines president Jaime Bautista to discuss the agency’s projects and accomplishments. According to the Department of Transportation, Tugade and Bautista held a meeting at the DOTr office in Clark, Pampanga. Tugade accompanied Bautista at the new Passenger Terminal Building of the […]

PAL to passengers traveling on June 30: Allot extra time due to road closures

Ultra bilyonaryo Lucio Tan’s Philippine Airlines (PAL) is advising its passengers to allot extra time for their travel to the the Ninoy Aquino International Airport (NAIA) due to road closures in Manila. A number of roads have been closed as part of security preparations for the Presidential inauguration activities on June 30. PAL said passengers […]

Snarky announcement from Hizon’s draws laughs

The recent post from cake specialist Hizon’s Cakes and Pastries about its one-day closure on June 30 is making netizens bellylaugh. In its post, the bakeshop announced that it would be closed on June 30 due to road closures that will be implemented for the inauguration of President-elect Ferdinand “Bongbong” Marcos. Several roads in Manila […]