A Chinese company is looking to invest in the renewable energy in the Philippines. The Wahaha Group Co. Ltd. is mulling to add to its investment in the country, an ethanol plant. The company earlier announced its interest for a joint venture in a fruit juice processing plant.
Mariz Agbon, president of the Philippine Agribusiness Development [...]

The Laguna Lake Development Authority (LLDA) was awarded Asiawide Refreshments Corp. (ARC), the licensed manufacturer and distributor of RC, the blue rating award. The recognition given to the company for its successful compliance with the environmental standards set by the LLDA.
The blue rating award is a system used by LLDA to monitor the environmental performance [...]

Local banks have agreed to help raise and lend the Panay Energy Development Corp. (PEDC) P14-billion for its construction of a 164-megawatt coal-fired power plant in La Paz, Iloilo City. The Panay Energy is owned by George Ty’s Metrobank group, and the loans were arranged by First Metro Investment Corp. (FMIC), the investment banking arm [...]

The Philippine National Oil Co. (PNOC) was able to bag an exploration contract to develop the Mt. Isarog volcanic chain in Camarines Sur.  The PNOC’s $60-million Mt. Isarog geothermal project is estimated to generate 18 gigawatt-hours of electricity per year from its potential capacity of at least 20 megawatts.  It will be started in the [...]

The Philippine Business for Business for Social Progress (PBSP) recently celebrated its 39th anniversary celebrations, and in line with its anniversary, the organization welcomed into its roster of members 17 new members, which bring its total tally of corporate partners to 255.
The PBSP is one of the country’s largest umbrella organizations for corporate charity work.

In Baguio City, enterprising housewives banded themselves together and formed a group which challenged the local government to send the city’s uncollected garbage to them. A challenge which have live up, up to this day.
These women from 10 barangay in the city have doing this for decades now – they have been converting trash into [...]

Foreign companies are looking at the Philippines as possible investment target in their search raw materials for infrastructure projects. Investors from India and China want to prepare for the global economic recovery and thus are exploring the possibility of investing in the mining industry in the country.

The Kepco SPC Power Corp. (KSPC), a joint venture between Korea Electric Power Corp. and SPC Power Corp, acquired a loan from the Asian Development Bank (ADB) for the construction of a major power plant in the Visayas.
The ADB has approved the grant of $120-million 12-year term loan for the construction of a 200-megawatt (MW) [...]

And so President Gloria Macapagal-Arroyo’s trip to Copenhagen, Denmark seems to be fruitful. If the said pledges amounting to $380 million (P17.67 billion) in foreign funding for environment-related projects and programs in the Philippines would materialize.

Because of the imminent danger posed by the continuous activity of the Mayon Volcano, the provincial board of Albay placed the province under a state of calamity by noon of Thursday. This is to allow the local government to spend 5% of its budget for relief and other operational expenses in connection with the anticipated [...]

The Department of Energy (DOE) has started accepting proposals for the bidding of the nine geothermal areas offered under the latest Philippine Energy Contracting Round (PECR). At least 10 local and foreign groups have already been pre-qualified.
According to Mario Marasigan, DOE assistant secretary, they are evaluating the submitted proposals at present to verify if they [...]

The country’s oldest mining company, Benguet Corp., gets a new leash of life as it entered into a financing agreement with a Chinese company. The listed Benguet Corp. has signed a memorandum of agreement (MOA) with MinMetals International (HK) Ltd. which would allow them to resume the exploration activity at its King-king project in Pantukan, [...]

The bidding for the last set of management contracts for National Power Corp. (Napocor) assets to be auctioned off this year has been set on December 15 by the Power Sector Assets and Liabilities Management Corp. (PSALM).

Focusing on its themes for this year involving climate change corporate social responsibility (CSR), the 21th Philippine Advertising Congress was formally opened last Thursday in simple rites led by Olongapo City Mayor Jame “Bong” Gordon and Baguio City Mayor Reinaldo A. Bautista Jr., with Fernando Zobel de Ayala as keynote speaker.

The administration of the contracted capacities of National Power Corp. (NPC) in the coal-fired Sual and Pagbilao power plants were officially turned over by the Power Sector Assets and Liabilities Management Corp. (PSALM) to their new independent power producer administrators (IPPAs), San Miguel Energy Corp. (SMEC) and Therma Luzon Inc., respectively.
SMEC and Therma won the [...]

The effort to control climate change has trickled down to the local government levels as the League of Municipalities of the Philippines (LMP) pledged their support to zero-waste management campaign and transform their garbage dumps into eco-parks.
This was disclosed by LMP national president Mayor Ramon Guico Jr. who said that mayors nationwide have made a [...]

Contrary to travel advisories some countries are giving their residents against going to the Philippines, the National Geographic Magazine has included our country in the list as “One of 25 Best New Travel Destinations in the World in 2010.” The Philippines’ ancient cultures, structures and biodiversity were cited as key reasons to visit the country.

In order to avoid the floods that happened during the onslaught of tropical storm Ondoy last September, the government wants to clear the floodway of any obstructions. Because of this, about 2,070 illegal settler families who live along Napindan Channel and Manggahan Floodway in Pasig City would be evicted. This is all part of the [...]

The government of Davao City is taking serious steps in its effective solid waste management, and this is more evident with the completions of a 3.8 hectare sanitary landfill project. The P268-million facility which opened last Friday boasts of a highly-engineered solid waste disposal facility which is touted as the first of its kind in [...]

The First Gen Energy Solutions Inc. (FGES) has agreed to supply the electricity requirement of Iloilo Electric Cooperative 1 (ILECO 1). FGES is the retail energy supplier and electricity aggregator subsidiary of First Gen Corp.
According to Richard Tantoco, the executive vice president and chief operating officer of First Gen and FGES, the power that would [...]