March, 2024

• 18 March

  US delegation sees Phl potential as site for energy investments

  

  The investment climate in the Philippines is encouraging particularly in the energy sector, according to United States Secretary of Commerce Gina Raimondo.  High-level meetings took place between top US business leaders and Philippine business groups during the first US Presidential Trade and Investment Mission (PTIM) held last March 11-12. Sec. Raimondo lauded the country’s efforts in ramping up renewable energy …

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• 18 March

  Expansion of milkfish industry through cold chain sought

  

  Bringing together over 120 industry stakeholders, including bangus (milkfish) producers and cooperatives, cold chain operators, logistics providers, and prospective investors, a resounding commitment has been made to explore the potential of cold chain to support the further expansion of the Philippine Milkfish Industry. Championing the bangus industry in Pangasinan, the participants gathered at the Cold Chain Investment Forum on 28 …

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• 18 March

  Malampaya Phase 4 drillship project in 2025 on track

  

  Prime Energy Resources Development B.V. said the exploration of new wells on Service Contract (SC) 38 remains on track. On Friday, Prime Energy announced that it awarded a USD69.9-million (PHP3.88-billion) contract to Noble for the use of its deepwater drillship “Noble Viking” for the Malampaya Phase 4 Project. The Noble Viking drillship will be involved in drilling deepwater wells in …

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• 18 March

  US-funded civilian port to rise in Batanes

  

  Recognizing its strategic significance and proximity to Taiwan, the provincial government of Batanes announced recently the construction of a civilian port that will be funded by the United States. Batanes Gov. Marilou Cayco said that the US Army will arrive in April to further discuss the plan that aims to accommodate Filipino workers from Taiwan in the event of a …

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• 18 March

  BCDA, Aussie firms strike deals worth P86-B

  

  The Bases Conversion and Development Authority (BCDA) has secured four agreements worth P86 billion with Australian companies that will focus on smart city solutions. In a statement, BCDA said that the agreements signed cover the sectors of information and communications technology (ICT), energy, and infrastructure. BCDA President and Chief Executive Officer Joshua Bingcang said the agreements will benefit not just …

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• 18 March

  ALI consolidating with subsidiaries to carry out restructuring plan

  

  Ayala Land Inc. (ALI), the property development unit of Ayala Corp., is consolidating with at least 34 subsidiaries as part of an internal restructuring plan to simplify management and ownership structures. The Board of Directors of Ayala Corp approved its consolidation during a special meeting last week. ALI has direct ownership of 24 entities, while the others are owned indirectly …

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• 18 March

  Aboitiz confident about securing Laguindingan airport deal

  

  Aboitiz InfraCapital is optimistic that its unsolicited proposal to operate and maintain the Laguindingan International Airport has a strong fighting chance against potential rivals. In an interview, Cosette Canilao, president and CEO of the Aboitiz Group’s Infrastructure arm, said they are confident with the proposal that allowed them to secure an original proponent status (OPS) in 2019. She said that …

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• 18 March

  All set for PBA All-Star Weekend in Bacolod

  

  By Robert Andaya March 23-24 will be red-letter days in the calendar for loyal PBA fans. The  PBA All-Star weekend – the mid-season showcase featuring the best and the brightest in Asia’s first play-for-pay league –  comes off the wraps on March 23-24 in Bacolod City. Team Japeth Aguilar and Team Marc Barroca will clash in another star-studded game  before …

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• 18 March

  Bachmann praises school-based associations for helping deliver PSC’s grassroots agenda

  

  Philippine Sports Commission Chairman Richard Bachmann commended the efforts of the Private Schools Athletics Association, the State Colleges and Universities Athletics Association, and the Palarong Pambansa for bringing sporting platforms for young athletes nationwide. “Programs like this by PRISAA or SCUAA, and the Palarong Pambansa thru DepEd help us empower our message and encourage potential athletes to never stop dreaming,” …

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• 18 March

  Biado, Obiena lead PSA honor roll

  

  Philippine sports rode on the exploits of world-class billiards ace Carlo Biado and pole vault superstar EJ Obiena to get the ball rolling in 2024. Biado ruled the Chinese Taipei Open to start off a promising year not only for the cuemasters but also for Philippine sportsmen and sportswomen. The 40-year-old Biado defeated Bernie Regalario in an all-Filipino finale, 13-7, …

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