The Philippines has secured a $500-million climate financing support from Asian Development Bank (ADB) ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
| | | | | | | SUSTAINABILITY
PH gets $500-M climate support from ADB
The Philippines has secured a $500-million climate financing support from Asian Development Bank (ADB), the Department of Finance (DOF) said on Thursday. ADB President Masatsugu Asakawa said that it was finalizing the financing support to the country under its Climate Change Action Program Subprogram 2.
By Mariedel Irish U. Catilogo
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| | | | ENERGY
6 firms fight for Meralco's 400-MW supply deal
Big names in the power sector, including conglomerates San Miguel Corp. (SMC) and Aboitiz Group, showed interest anew in securing another Manila Electric Co. (Meralco) contract, this time for the supply of 400 megawatts in capacity over a 15-year period.
By Lisbet K. Esmael
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| | | | BEAUTY
New trade czar wants to catalyze PH beauty industry
Acting Trade Secretary Cristine Roque seeks to develop the Philippines' billion-peso beauty industry, vowing to support micro, small and medium enterprises (MSMEs) in the sector under her watch. "We have to realize that a lot of the MSMEs are also into the beauty business, especially now the beauty business is very strong," Roque tells reporters.
By Alden M. Monzon
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| | | | | | | | BIZ BUZZ
Boracay: Star for all seasons
Tourists are now longing for the pristine white beaches of Boracay all year long. AirAsia Philippines communications head Steve Dailisan even said the favorite island destination was no longer just a summer getaway spot.
By Tyrone Jasper C. Piad
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| | | | INQUIRER PLUS-EXCLUSIVE
PT&T, partner to bring portable satellite dishes to PH
PT&T Corp. is joining the growing satellite broadband market in the country with the creation of a joint venture with Australian technology company Netlinkz Ltd. for the deployment of "smaller, portable and mobile satellite dishes." PT&T said the partnership was envisioned to provide internet access in areas where connectivity is lacking.
By Tyrone Jasper C. Piad
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