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With Philippines projected to become one of the fast-growing economies in the Association of Southeast Asian Nations (Asean), education will definitely play a more important role in producing a high-quality workforce for future jobs. “Education remains a top priority for Intel, because we believe that young people will be vital…

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The gross nonperforming loans (NPLs) of thrift, rural and cooperative banks improved in the second quarter of the year, data from the Bangko Sentral ng Pilipinas (BSP) showed on Thursday. The banks’ combined NPLs represented 7.32 percent of their total loan portfolio (TLP). Thrift, rural and cooperative banks recorded a…

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The State Grid Corp. of China (SGCC) has offered to send a team of experts that will assist the Philippine’s power grid operator in the restoration of transmission lines. SGCC is a shareholder and technical partner in the National Grid Corp. of the Philippines (NGCP). It was reported earlier that…

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DON’T let the 50-year corporate life of your business end without renewing it by amending your company’s Articles of Incorporation before the expiry date. Otherwise, your company may end up in limbo without legal personality, like what happened to Hotel Enterprises of the Philippines Inc. (HEPI), the owner of what…


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WARSAW: Britain said on Wednesday (Thursday in Manila) that it would join the United States in a charge to curb financial aid for building coal-fired power plants abroad. The announcement was made at United Nations climate talks in Warsaw where the fossil fuel—the biggest single contributor to global warming—has been…

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A China-based company, Kuan Yu Global Technologies Inc., will head the clean-up operation for the Iloilo oil spill, which came from the 32-megawatt (MW) Power Barge 103 (PB103) that was swept aground by strong winds and rising storm surge of Super Typhoon Yolanda early this month. The oil spill in…

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