JEG Tower gets 37kWp rooftop solar panel

PROPERTY developer JEG Development Corp. (JDC) and Vivant COREnergy Inc. are pushing forward their goal of achieving sustainability through renewable energy with the launching of the first solar-powered commercial building in Cebu City. A 37kWp (kilowatt peak) rooftop solar panel was recently installed at the 22-story JEG Tower @ One Acacia to power daytime energy […]

Lapu-Lapu mayor won’t sue Goldfin over drainage project

LAPU-LAPU City Mayor Junard “Ahong” Chan will no longer press charges against Goldfin Construction and Development Corp., the contractor of the long-overdue drainage project on the Ibabao-Agus Road in Barangay Agus, Lapu-Lapu City. Chan made the decision after noting that the contractor had completed the P30 million project following his ultimatum to finish it on […]

3 must-watch movies for 2023

The national entertainment industry has started off on the right foot as Filipinos will witness the collaboration between MAVX Productions and Star Magic Cinema. The collaboration is set to release three movies with compelling stories exploring the complexities of self-discovery, hope and healing. Compared to the occasional romantic flick people are used to watching, RC […]

USAID launches five-year, $18-M project to boost SME digitalization

THE United States Agency for International Development (USAID) said on Wednesday that it launched a five-year project to raise the level of digitalization at Philippine small and medium enterprises (SMEs). MaryKay L. Carlson, United States ambassador to the Philippines, said during the launch event in Makati City that the Strengthening Private Enterprise for the Digital […]

PHL gov’t eyes WB loan for agriculture project ’scale-up’

THE PHILIPPINE government is looking to obtain a $550-million loan from the World Bank (WB) to boost its rural development program. A document uploaded on the World Bank website showed the Philippine government is seeking funding for the proposed Philippine Rural Development Project (PRDP) Scale-up. “The PRDP Scale-up aims to improve farmers’ and fisherfolk’s access […]

Green Power Energy’s 20 MW Taungdaw Gwin Build-Own-Operate Solar Plant Commissioned in Myanmar

Mandalay, Myanmar, Dec 30, 2022 – (ACN Newswire via – Myanmar’s latest solar energy plant, the 20 megawatt (MW) build-own-operate (BOO) Taungdaw Gwin project, has been officially opened, adding a new chapter to the country’s sustainability and electrification efforts, its developer announced today. The 20-megawatt Taungdaw Gwin mega-scale solar PV project will contribute to […]

Expanded private sector role eyed in DPWH projects

THE DEPARTMENT of Public Works and Highways (DPWH) said it plans to seek more private sector bids for operations and maintenance (O&M) contracts, including those financed by official development assistance (ODA). “We are promoting projects under ODA, especially expressways, for PPP (public–private partnership) O&M,” DPWH Senior Undersecretary Emil K. Sadain told BusinessWorld recently when asked […]

PHL bags P6B in investments from Unilever, European firms

THE PHILIPPINES has secured over P6.2-billion worth of investment pledges from four European firms, whose executives met with President Ferdinand R. Marcos, Jr. in Brussels, according to the Presidential Palace. Mr. Marcos met with European businessmen for a roundtable discussion on the sidelines of the Southeast Asian Nations-European Union (ASEAN-EU) Commemorative Summit, Malacañang said in […]

Filipino-Indonesian power firm expands Tawi-Tawi operations 

KALTIMEX Rural Energy Corp. (KREC), a Philippine subsidiary of Indonesian firm PT. Kaltimex Energy, is expanding its power supply operations in the island province of Tawi-Tawi through a P75.55-million investment on its off-grid plant.    In a statement on Tuesday, the Regional Bangsamoro Board of Investments (BBOI) said it approved the project on Dec. 9, which […]

Korean-funded Panguil Bay Bridge in Northern Mindanao more than halfway done 

THE DEPARTMENT of Public Works and Highways (DPWH) announced on Thursday that the Korean-funded Panguil Bay Bridge, a sea crossing bridge project in Mindanao, is now 61% complete.   The P7.375-billion bridge project will connect Tangub City in Misamis Occidental to Tubod town in Lanao del Norte, both within the Northern Mindanao Region.    The department and […]

Philippines signs deal to prepare agencies to tap climate financing

THE Department of Finance (DoF) said it has signed an agreement with the Global Green Growth Institute (GGGI) to prepare government financial institutions and agencies to tap the Green Climate Fund (GCF) for project financing. “This program will bolster the country’s capacity in planning, accessing, delivering and monitoring climate finance through this new global financial […]

MOU between playNomm and Superchief for a collaboration in South Korea

Seoul, Korea, December 07, 2022 – (SEAPRWire) – NFT marketplace 2.0 playNomm and Superchief Gallery NFT signed a Memorandum of Understanding (MOU) to hold a collaboration project in South Korea. Source: Superchief gallery The NFT marketplace 2.0 playNomm, the first platform of LeisureMetaverse project, is based on its self-developed LeisureMetaverse blockchain mainnet. Unlike other open NFT marketplaces, NFTs […]