Photo credit: Inquirer Philippines The Philippine and Chinese governments are set to begin talks on new “terms of reference” (TOR) for joint oil and gas exploration in the West Philippine Sea after overall discussion for the cooperation was terminated under the previous administration, the country’s top diplomat disclosed. In a GMA interview transcr...
Photo: The aerial view of the San Juanico Bridge that connects the islands of Leyte and Samar. The Japan International Cooperation Agency is considering the construction of the second San Juanico Bridge as one of the top priority projects in the country, a regional public works official said Wednesday (March 29, 2023). (Photo courtesy of Lyle Arañas) T...
Photo: Energy Secretary Raphael Lotilla (seated, second from left) and Copenhagen Infrastructure Partners (CIP) association partner Przemek Lupa (seated, third from left) sign the service contracts for three offshore wind energy projects in the country at the Department of Energy office in Taguig City on Thursday (March 30, 2023). CIP is the first foreign...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (PSE: FNI) delivered resilient financial results and key operating achievements in 2022, with net income growing 9% to ₱2.2 billion and earnings before interest, taxes, depreciation, and amortization (EBITDA) margin expanding to 48% from 39% in the previous year. “Our perfor...
Photo credit: Department of Public Works and Highways President Ferdinand R. Marcos Jr. on Monday, March 27, 2023 led the ceremonial inauguration of the first section of the NLEX-SLEX Connector Road Project from C-3 Road in Caloocan City to España Boulevard, Manila. Joining the President were Department of Public Works and Highways (DPWH) Secretary ...
The Australian Government’s Partnerships for Infrastructure (P4I) initiative has officially launched in the Philippines to drive sustainable, inclusive and resilient growth through quality infrastructure. Held in Manila on 24 March, the event was hosted by Australian Ambassador to the Philippines HK Yu PSM, who was joined by Dr. Benjamin E. Diokno, Se...
Integral, a purveyor of market-leading process control solutions in the Philippines, celebrates its 20th anniversary this 2023. The event, held in EDSA Shangri-La, was attended by the company’s employees, clients, and supply chain partners. The celebration was a showcase of Integral’s history. But more importantly, it highlighted lessons the compa...
MANILA, Philippines – On 21 March 2023, the German-Philippine Chamber of Commerce and Industry (GPCCI) in cooperation with the Philippine Energy Efficiency Alliance (PE2) and Cold Chain Association of the Philippines (CCAP) organized a conference entitled “Energy Efficiency and Solar for Buildings”. The conference was held in Makati Diamond Residences ...
As the Marcos administration becomes bullish in utilizing a public-private partnership (PPP) model in infrastructure projects, the Australian government will be providing its technical expertise in rolling out infrastructure projects under the PPP. Australian Ambassador to the Philippines Hae Kyong Yu PSM told the Philippine News Agency in an interview...
Photo credit: Department of Transportation Several big-ticket infrastructure projects in the transportation sector have been approved or are already being implemented by the administration of President Ferdinand R. Marcos Jr., the Department of Transportation (DOTr) reported Monday. In a statement, the DOTr said the Cebu Bus Rapid Transit Project, D...
Photo credit: Global Ferronickel Holdings Global Ferronickel Holdings, Inc. (FNI), has just signed an Annual Purchase Agreement with Baosteel Resources International Co. Ltd. for the supply of 1.5 million WMT of nickel ore for the 2023 mining season. The nickel ore will be coming from FNI’s operating mines in Surigao del Norte and Palawan, operated by ...
Photo: Signing of Binding Deed and Agreement (Left to right: PMR Holding Corp. President Dan Chalmers, CLA Chairman and MMCI President Atty. Julito “Sarge” Sarmiento, Sodor, Inc. President Ms. Erika Chalmers, and CLA Executive Director and MMCI Country Operations Director, Peter Hume). Celsius Resources Limited is pleased to announce that on 17 March ...
Photo credit: Marcelle Villegas Environment Secretary Antonia Loyzaga has underscored the need for the mining sector to prioritize actions to end gender inequality as part of the effort to promote responsible mining. In her keynote speech, Secretary Loyzaga underscored the need to ensure that women’s representation in the mining industry is meaningf...
Photo credit: The Department of Public Works and Highways Progress of the Panguil Bay Bridge Project, the longest water-spanning bridge in Northern Mindanao, is now more visible at 63 percent complete as the Department of Public Works and Highways (DPWH) has started constructing the bridge top slab on both ends in Tangub, Misamis Occidental and Tubod, ...
Photo credit: DPWH The construction of the PHP175.7-billion Bataan-Cavite Interlink Bridge Project will start towards the latter part of the year, the Department of Public Works and Highways (DPWH) said Tuesday. In a Palace press briefing, DPWH Secretary Manuel Bonoan said the 32-kilometer project, which was initially expected to begin construction ...
Photo credit: Taganito Mining Natural resources development company Nickel Asia Corporation logged an attributable net income (net of minority interest) of P7.93 billion for 2022, an increase of 1.5 percent from the P7.81 billion it reported in 2021, based on its audited financial and operating results. Earnings before interest, tax, depreciation, a...
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