Bill filed limiting authority of OICs in gov’t posts   

A SENATOR filed a bill on Monday that seeks to limit the powers of government officials designated as officer-in-charge (OIC), after questionable billions-worth of pandemic contracts were signed last year and prompted a lengthy probe in the upper chamber.    Senator Francis N. Tolentino’s Senate bill no. 2434 will amend provisions of Executive Order 292 or the Administrative Code of 1987 on OICs.   If enacted, the proposed law will inhibit OICs […]

Agreement Concluded for Mitsubishi Power to be Integrated into MHI

TOKYO, Jul 30, 2021 – (JCN Newswire via SEAPRWire.com) – As announced on May 10, Mitsubishi Heavy Industries, Ltd. (MHI) reached an agreement under which Mitsubishi Power, Ltd. will be integrated into MHI. An absorption-type split agreement to integrate the two companies’ business operations has now been concluded, whereby the business operations and employees of […]

Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report

YOKOHAMA, Japan, May 13, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in the first quarter of 2021 with a global gas turbine market share of 29.0% according to McCoy Power Reports data.* The company also secured 40.8% share […]