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Projects and power is up

Big infrastructure projects worth more than P9.5 billion are under construction or nearing completion in Northeastern, Northern and Central Mindanao, officials of the Department of Public Works and Highways (DPWH) said on Wednesday.

These mega infrastructure projects that are being undertaken and closely supervised by the DPWH regional directors and district engineers are all under the Mindanao . . . → Read More: Projects and power is up

More power,markets up

Aboitiz Power Corporation, through wholly-owned subsidiary Hedcor Inc., signed an agreement with the Davao City Water District, paving the way for the eventual construction of a 10 to 15 megawatt hydroelectric power plant along the Tamugan River in Mindanao, Philippines, Aboitiz announced.

Recently, Philippine power producer First Gen Corp. announced plans to spend about $1.5 billion over . . . → Read More: More power,markets up

Intellectual property,Electric power,sugar theft

THE Intellectual Property Satellite Office (IPSO) in Davao registered a total of 115 applications last year. Of this, 78 were trademarks while the remaining 37 were patents, utility models and industrial designs.

This made the IPSO-Davao landed on the third spot in terms of the number of applications received, next only to Cebu and the National Capital . . . → Read More: Intellectual property,Electric power,sugar theft

Philippine bonds,outsourcing,Davao Light

Global investors are bracing for further declines in Philippine bonds, Asia’s worst performers this year, on concern the nation’s first change in president in almost a decade will lead to wider budget deficits.

Fortis Investments and Western Asset Management Co., which oversee a combined $698 billion, sold Philippine international bonds last month, as the government raised its . . . → Read More: Philippine bonds,outsourcing,Davao Light

Palm Oil and Brown outs

Palm oil growers in Mindanao are optimistic that the production would continue to increase in Mindanao even as the country is still importing oil palm products from nearby Southeast Asian countries.

In a meeting recently held at the Davao del Norte Capitol in Tagum City, C.K. Chang, president of Philippine Palm Oil Development Council, Inc. (PPODCI), said . . . → Read More: Palm Oil and Brown outs

Carbon,VAT,Rice and no power

“We need deep and early cut of carbon.”

Climate Change Secretary Heherson Alvarez, in his visit to Davao City yesterday (February 17) urged the business sector in the city to reduce carbon dioxide emissions in the atmosphere.

Although he clarified that the country is not a carbon maker but a carbon taker, he also stressed that Filipinos should . . . → Read More: Carbon,VAT,Rice and no power