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Recovery, reconstruction still government priorities

DAGUPAN CITY, Mar. 18 (PNA) -- The government, in collaboration with its private sector partners, through the Special National Public Reconstruction Commission (SPNRC), remains focused on expediting the recovery and reconstruction of areas damaged by last year's Typhoons "Pepeng" and "Ondoy."  [ Read More ]

Binga stakeholders allow IP to manage communal site

MANILA, March 18 (PNA)--Following the signing of a multi-party agreement, indigenous people of Barangay Tinongdan in Itogon, Benguet were allowed to manage certain areas near the Binga power plant.  [ Read More ]

Anchor Land inks P1-B loan deal with BDO, Allied Bank

MANILA, March 18 (PNA) - Property developer Anchor Land Holdings Inc. (ALHI) has signed a P1-billion notes facility with lenders Banco de Oro and Allied Bank, the first time that the company has tapped the debt market since its successful initial public offering three years ago.  [ Read More ]

Former SRA administrator says government must prosecute illegal traders

BACOLOD CITY, March 18 (PNA) - Former Negros Occidental Governor and retired Sugar Regulatory Administrator Rafael Coscolluela stressed the need for the national government to “prosecute” possible “illegal traders” and those involved in bringing smuggled goods into the country especially sugar.  [ Read More ]

Cable&Wireless Worldwide and PLDT Strengthen Partnership to Serve Growing Global Telecom Needs of Philippine Enterprises services

MANILA, March 18 (PNA/PRNewswire-Asia-AsiaNet) -- Cable&Wireless Worldwide and Philippine Long Distance Telecommunications (PLDT) today announced an expansion of their seven-year long strategic partnership to deliver Multi-Protocol Label Switching (MPLS) network connectivity and value-added telecommunications services to enterprise customers in one of the fastest growing economies in Asia yesterday.  [ Read More ]

Gov’t opens door to $ 300M new Japanese investments

MANILA, March 18 (PNA) -- Government has welcomed a decision by Japanese electronic giant NIDEC to infuse US $ 300 million (about P13 billion) in fresh investments in the electronics industry in the Philippines, thereby expanding the firm’s current exposure in the country to about $ 800 million.  [ Read More ]

La Union bags award as best OTOP implementer in Luzon

SAN FERNANDO CITY, La Union, March 18 (PNA)--The provincial government of La Union headed by Governor Manuel C. Ortega was adjudged as the top One-Town-One-Product (OTOP) Implementer in Luzon during the recently concluded 2010 National OTOP Congress in Pasay City.  [ Read More ]

Thrift, rural banks can begin selling micro insurance to small savers -- BSP

MANILA, March 18 (PNA) -- Regulators look with favor on the thrift bank proposal allowing the industry to sell so-called micro insurance products.  [ Read More ]

Banana production suffers 30% reduction amid El Niño

DAVAO CITY, March 18 (PNA) -– Philippine Banana Growers and Exporters Association (PBGEA) President Stephen Antig raised the intensification anew of spot buyers, better known as “pole-vaulting”, in the banana industry as banana production markedly reduced amidst the dry spell.  [ Read More ]

PSALM sets bidding for 150MW BacMan geothermal plants

MANILA, March 18 (PNA) -- The Power Sector Assets and Liabilities Management (PSALM) Corporation announced the bidding of the 150-megawatt (MW) BacMan geothermal power plant package located in the provinces of Albay and Sorsogon.  [ Read More ]

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