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CBM 2021 gears for creative entertainment week

CBM 2021 gears for creative entertainment week
sunstar.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sunstar.com.ph Daily Mail and Mail on Sunday newspapers.

The Philippines , Ramon Aboitiz Foundation Inc , Payoneer Philippines Branch Inc , Cebu Holdings Inc , Solutions Inc , Cebu Chamber , Ayala Land Inc , Security Bank Corporation , Eastern Communications , Marie Ernestine School , Vivant Energy Corporation , Animation Council Of The Philippines Inc , Cebu Pacific , International Institute Film , Game Developers Association Of The Philippines , Lilu Advertising Marketing Solutions , Cebu Business Month , Creative Entertainment Week , Creative Entertainment Industry , Entertainment Industry , Cebu Creative Entertainment Week , Animation Council , Cebu Creative Hub , Creative Content Creators Association , Game Developers Association , Platinum Sponsors ,

SMC unit trims payables to PSALM to P21.87 B

Published July 19, 2021, 2:10 PM
The receivables of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) from a subsidiary-company of San Miguel Corporation for the capacity payments of the 1,200-megawatt Ilijan gas-fired power plant had been pared to P21.871 billion, as stipulated in the company’s 2020 audited financial statement recently issued by the Commission of Audit.
That scale of receivables of the government-run firm from South Premiere Power Corporation (SPPC), a subsidiary of SMC Global Power Holdings Corp., had been pared from P27.308 billion in 2019.
Because of the reduced receivables of PSALM from SPPC, it was shown that the overall collections the state-run firm has been pursuing from Independent Power Producers (IPPs) as well as with the IPP Administrators (IPPAs) had already been down to P25.720 billion as of end-December 2020; or roughly P7.0 billion lower from P32.504 billion in the previous year. ....

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Vivant, subsidiary ink PSA with PELCO II – Manila Bulletin

Vivant, subsidiary ink PSA with PELCO II – Manila Bulletin
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

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Vivant Energy expands in Mindanao with new acquisition

Published February 24, 2021, 7:30 AM
Garcia-led Vivant Energy Corporation has expanded its power investments in Mindanao, and this was concretized via an equity acquisition in power generation facility owned by Senator Juan Miguel Zubiri.
In a disclosure to the Philippine Stock Exchange (PSE), Vivant stated that, in tandem with its subsidiary firm Amberdust Holding Corporation (AHC), they will be acquiring 90-percent of the outstanding shares of the Bukidnon Power Corporation (BPC) and North Bukidnon Power Corporation.
The majority shares purchase will require Vivant to pay P205,539,482.54 to seller BPC; and another P228,282,140.96 for the shareholdings of North Bukidnon Power. The two firms are owned by the lawmaker, whose family and vast properties are in Bukidnon. ....

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Bantayan Island to complete electrification by 2022

Published December 16, 2020, 6:00 AM
Consumers being served by the Bantayan Island Electric Cooperative (BANELCO) could expect full electrification of the entire area by year 2022, based on the energization program being cast by the power utility.
As noted by BANELCO General Manager Lee Rivera, “our main objective is total electrification of every household in our franchise area consistent with the national government’s strategy.”
Photo credit: https://banelcobantayan.com/
The island is being touted as the ‘next major tourist destination’ in the country, and for this goal to flourish, it was noted that the provision of efficient and reliable energy services could be among the driving forces to it. ....

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