THE Power Sector Assets and Liabilities Management Corp. (PSALM) told a House committee that it can make available to Luzon electric cooperatives 90 megawatts (MW) worth of uncontracted power. PSALM, a government-owned and -controlled corporation, told the chamber’s energy committee that it can supply the cooperatives during peak demand hours, which is when energy supply […]
Tag: supply
JERA assures Marcos of stable LNG supply
Japanese power generator JERA Co., Inc. on Thursday assured the Philippine government of stable supply of liquefied natural gas (LNG) to support economic growth. Company President Satoshi Onoda told President Ferdinand R. Marcos, Jr. at a meeting in Tokyo they have been working with the Aboitiz group, represented by Sabin Aboitiz, to support the Philippine […]
DTI reminds businesses to comply with price freeze in areas under state of calamity
THE DEPARTMENT of Trade and Industry (DTI) reminded businesses in areas under a state of calamity to comply with the price freeze for basic necessities. A total of 86 towns and cities across five regions have declared a state of calamity this month due to flooding and landslides triggered by continuous rains since mid-December, based […]
US CHIPS law not expected to rule out foreign production
THE head of the US Semiconductor Industry Association (SIA) is exploring the Philippines as a hub, noting that a recent US law encouraging tech companies to re-shore their operations will not rule out overseas production. SIA President John Neuffer met with Board of Investments (BoI) Managing Head Ceferino S. Rodolfo on Jan. 16 to discuss […]
Still no agreement on Ilijan gas supply — DoE
A PLAN to get power generators to share their gas with the Ilijan power plant in Batangas has not yet produced an agreement, the Department of Energy (DoE) said. The so-called “gas-swapping” arrangement will require power plants controlled by First Gen Corp. to run on liquid fuel while turning over some of their Malampaya gas […]
Chris Cassidy Joins Mojix as President and Chief Commercial Officer
Boca Raton, FL, Jan 11, 2023 – (ACN Newswire via SEAPRWire.com) – Mojix, a leading inventory management and supply chain traceability enterprise SaaS platform, is pleased to announce that Chris Cassidy has joined the company as President and Chief Commercial Officer. This announcement comes as the direct result of the tremendous success Mojix has attained […]
Capitol, MCWD ‘fight’ over price of water
WITH their dispute on the price of water unresolved, the water supply distributed by the Metropolitan Cebu Water District (MCWD) in two cities and three towns in Metro Cebu could be affected if its bulk surface water supply provider, Cebu Manila Water Development Inc. (CMWD), stops its operations at the Luyang River in Carmen town […]
Pork supply exceeds demand, Senate panel finds, casting doubt on gov’t import policy
By Alyssa Nicole O. Tan, Reporter THE Senate Agriculture, Food and Agrarian Reform Committee was told that the supply of pork exceeded demand in each of the years since 2019, raising questions about the government’s pork import policy. Senator Cynthia A. Villar, who chairs the committee hearing, on Monday cited data indicating a pork surplus […]
Garcia extends pork ban from Panay, Guimaras
CEBU Gov. Gwendolyn Garcia has extended the ban on pork products from Panay and Guimaras Island due to the ongoing threat of African swine fever (ASF) there. Provincial Veterinarian Dr. Mary Rose Vincoy said the pork ban will continue indefinitely to prevent the entry of sick animals to Cebu Province. The ban is part of […]
SMC unit to supply Albay utility’s one-year power needs
SMC Global Power Holdings Corp.’s subsidiary will supply the power requirements of Albay Electric Cooperative (Aleco) for one year, the company announced on Thursday. “This power supply agreement is primarily in consideration of the welfare of the people of Albay, who would have otherwise been disconnected from the grid,” San Miguel Corp. (SMC) President Ramon […]
MCWD signs over P21B in deals to procure desalinated water
THE Metropolitan Cebu Water District (MCWD) has entered into contracts for desalinated bulk water supply in Mandaue City and Lapu-Lapu City in its bid to find new sources of potable water to narrow the gap between supply and demand in its franchise area. On Wednesday, Dec. 28, 2022, MCWD signed a 25-year desalinated bulk water […]
MCWD releases water supply to 2 Cebu City barangays
THE Metropolitan Cebu Water District (MCWD) and JE Hydro & Bio-Energy Corp. will start releasing water from its source in Lusaran watershed to barangays Pit-os and Bacayan in Cebu City. MCWD General Manager Edgar Donoso said on Monday, Dec. 26, that around 2,000 subscribers are expected to benefit from the bulk water supply. The two […]
Deny halt order on power supply deal, court asked
THE energy regulator and Manila Electric Co. (Meralco) separately asked the appellate court to deny a halt order and writ of preliminary injunction sought by San Miguel Energy Corp. (SMEC) in relation to its power supply deal with the electricity distributor. “We filed a motion yesterday (Wednesday) through OSG (Office of the Solicitor General), separately […]
Meralco secures needed power from Aboitiz firm
MANILA Electric Co. (Meralco) has secured a 300-megawatt (MW) emergency power supply deal with Aboitiz Power Corp. (AboitizPower) to partly replace the capacity that a unit of San Miguel Corp. (SMC) stopped supplying, but only for a short period. In a statement on Thursday, Meralco said that the emergency power supply agreement (EPSA) is effective […]
Hong Kong E-Commerce Logistics Association and Hong Kong General Chamber of Commerce Young Executives Club visit Logistics and Supply Chain MultiTech R&D Centre promoting supply chain transformation
EQS Newswire / 15/12/2022 / 09:00 UTC+8 Hong Kong E-Commerce Logistics Association and Hong Kong General Chamber of Commerce Young Executives Club visit Logistics and Supply Chain MultiTech R&D Centre promoting supply chain transformation Connections and collaboration are the keys for innovation. As we approach the end of 2022, staying on top of the […]
MCWD union gets new president
THE Metropolitan Cebu Water District (MCWD) Employees Union (MEU) has a new president. The MEU, which has 510 members who are regular employees of MCWD, held its election on Wednesday, Dec. 7, 2022. They elected Sammy Suson as the new president. Suson defeated the incumbent MEU president Abigail Ameria, who in August 2022 led the […]
Wintermar Offshore (WINS:JK) Acquires 2 Additional AHTS and Celebrates the 12th Anniversary of Listing on IDX
JAKARTA, Nov 30, 2022 – (ACN Newswire via SEAPRWire.com) – PT Wintermar Offshore Marine Tbk (WINS:JK), has acquired 2 units of 7000BHP Anchor Handling Tug Supply (AHTS), to be named SMS Sonnet and SMS Stanza. The two AHTS will be delivered by December 2022, are ABS classed and have DP1 and FiFi1 capability, and expected […]
Tokyo Gas, Osaka Gas, Toho Gas and Mitsubishi Collaborate to Produce e-methane in the US and Transport It to Japan, Utilizing Cameron LNG in Louisiana
TOKYO, Nov 29, 2022 – (JCN Newswire via SEAPRWire.com) – Tokyo Gas Co., Ltd. (TG), Osaka Gas Co., Ltd. (OG), Toho Gas Co., Ltd. (THG) and Mitsubishi Corporation (MC) have entered into an agreement and commenced to conduct a detailed joint feasibility study on a project to produce synthetic methane (e-methane) in Texas or Louisiana, […]
SMC Global Power appeals rate hike denial — ERC
SMC GLOBAL Power Holdings Corp. is appealing the decision of the Energy Regulatory Commission (ERC) denying its petition for temporary relief to partially recover losses. “We have just received it on Monday. They filed a petition for certiorari to the Court of Appeals (CA), meaning they are appealing that it is not within our jurisdiction,” […]
China Wantian Holdings Completes the Acquisition of Domestic Fresh Food Supply Chain Service Provider
HONG KONG, Nov 25, 2022 – (ACN Newswire via SEAPRWire.com) – China Wantian Holdings Limited (“China Wantian Holdings”; together with its subsidiaries, the “Group”; stock code: 01854.HK) is pleased to announce that Great Point Limited (“Great Point”), the Group’s direct wholly-owned subsidiary, has completed acquisition of Champion Point Limited (“Champion Point”)’s subsidiary Shenzhen Wealth Source […]