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Tuesday, March 19, 2024

Business

Israeli firm to hold 3D seismic survey of East Palawan Basin

The Department of Energy (DOE) said Monday Ratio Petroleum Ltd. of Israel, the operator of Petroleum Service Contract (SC) No. 76, will conduct a 3D seismic survey in the East Palawan Basin this month. The DOE said Ratio contracted Shearwater GeoServices to deploy its seismic survey vessel SW Thuridur to acquire 3D seismic data over an area in the SC 76 block about 150 kilometers east of Puerto Princesa, Palawan. The...

Converge ICT’s profit rose 22% to P9b in 2023

Converge ICT Solutions Inc. on Monday reported a 22-percent growth in net...

BPI returning to global bond market to raise at least $300m

Bank of the Philippine Islands (BPI) said Monday it is planning to...

Megawide, Holcim renew exclusive cement supply deal

Holcim Philippines Inc. and Megawide Construction Corp. renewed an agreement for the...

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China firm bags Alternergy wind project contracts

Alternergy Holdings Corp. on Monday awarded to China Energy Engineering Group Guangdong Electric Power Design Institute Co. Ltd. (GEDI) and its local subsidiary GEDI...

2GO adds vessels, expands Mindanao travel, logistics operations

Integrated transportation and logistics provider 2GO Group Inc., a unit of the SM Group, announced the expansion of its operations in Davao and General...

Clark airport firm taps consulting group to plan P8.2-b mega food hub

The Clark International Airport Corp. (CIAC) signed Monday a memorandum of understanding (MOU) with the University of the Philippines Public Administration Research and Extension...

IP filings increased 2.5% in 2023

The Intellectual Property Office of the Philippines (IPOPHL) reported a 2.5-percent increase in IP filings in 2023. Trademarks saw the most filings with 41,953, a...

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