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Flashback Arrestor Toolbox Talk
Preventing Welding FlashbackOxy-acetylene torches have been used for many years for cutting, welding, brazing, and heati
Gov’t may release P1,000 ‘ayuda’ this month
The Department of Budget and Management (DBM) said the fresh round of cash subsidy of P1,000 to the poorest of the poor Filipino households amounting to would likely be given within this month. Budge
Digital payments nearing 50% of all transactions
The Bangko Sentral ng Pilipinas (BSP) remains confident that it will achieve its goal of shifting at least 50 percent of all payment transactions in digital form by end-2023.BSP Deputy Governor Mamer
IPOPHL, P&G to intensify anti-counterfeiting
Officials at the Intellectual Property Office of the Philippines (IPOPHL) and the multinational consumer goods company Procter and Gamble (P&G) met in January 2023 to work jointly towards measures tha
Aboitiz-led Dinginin plant negotiating for 3rd EPSA with Meralco
GNPower Dinginin Ltd. Co. (GNPD), a partnership of Aboitiz Power’s Therma Power Inc., Ayala Corporation’s AC Energy Holdings, Inc., and Power Partners Ltd., is negotiating for its third emergency pow
Alternergy secures P1-B funding for solar project in Bataan
Pioneer renewable energy firm Alternergy Holdings Corporation (Alternergy) recently inked a term sheet with Yuchengco-led Rizal Commercial Banking Corporation (RCBC) for P1.0 billion financing that s
P&G expands further in PH with P864-M new product line
PROCTER & GAMBLE (P&G) OPENS NEW DIAPER MANUFACTURING LINE IN LAGUNA Photo shows Trade and Industry Secretary Alfredo E. Pascual (center) led the ribbon-cutting ceremony together with P&G Philippine
DTI warns online platforms against violating VAPE law
The Consumer Protection Group (CPG) of the Department of Trade and Industry has sternly warned online marketplaces that sell vape products to minors amid the proliferation and marketing of these item
Goods barometer declines further; trade to
remain weak in Q1 2023 WTO World merchandise trade growth appears to have lost momentum in the fourth quarter of 2022 and is likely to remain weak in the first quarter of 2023, according to the late
Meralco offering scholarships for nuclear energy-related courses
To help prepare the country on its ‘nuclear renaissance ambition’, power utility giant Manila Electric Company (Meralco) is ready to offer scholarships to students and professionals who are intereste
Stocks weaken after Fed meeting
The PSEi lost a few more points on belief that the US Federal Reserve will continue raising rates to combat inflation.The main index shed 13.33 points or 0.20 percent to close at 6,685.90 as the Prop
CPGI PHirst expands market with launches worth P15.8 B
PHirst Park Homes, Inc. (PPHI), the affordable housing unit of Century Properties Group Inc. (CPGI), is expanding into the socialized, economic, and mid-income residential markets with initial launch
ALI to raise P60 B from bonds, bank loans
Real estate giant Ayala Land Inc. is looking to raise about P60 billion from bond issuance and bank loans to help fund its P85 billion capital expenditures for the year as well as for the refinancing
FNI unit to continue mining in Brooke’s Point
Ipilan Nickel Corporation (INC), a subsidiary of diversified conglomerate Global Ferronickel Holdings, Inc. (FNI), is authorized to continue mining operations at its site in Brooke’s Point, Palawan u
ANI to raise at least P5 B for capex
AgriNurture Inc., the publicly-listed agribusiness firm led by Antonio Tiu, is pushing through with its planned P280 million stock rights offering (SRO) as part of plans to raise around P5 billion fo
Stocks continue downward trek
The local stock market continued to fall, weighed down by weaker US equity markets last week.The main index lost 86.56 points or 1.3 percent to close at 6,599.34 as the Services sector led the retrea
AREIT profit rise 19% to P2.9 B
AREIT, Inc. (AREIT), the real estate investment trust sponsored by Ayala Land Inc., posted a 19 percent growth in net income to P2.9 billion last year from P2.43 billion in 2021.In a disclosure to th
19 innovative projects approved—NEDA
The National Innovation Council (NIC) approved several project proposals geared towards developing “innovative solutions,” the National Economic and Development Authority (NEDA) said.In a briefing, NE
DBM to support BARMM digitalization initiative
The Department of Budget and Management (DBM) assured its support for the Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) digitalization initiative in its system of governance.Budget Secreta